DLH (NASDAQ:DLHC) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday.

According to Zacks, “DLH Holdings Corp. serves clients throughout the United States as a full-service provider of healthcare, logistics, and technical support services to DoD and Federal agencies. Its healthcare delivery solutions include professional services, such as case management, health and injury assessment, critical care, medical/surgical, emergency room/trauma center, counseling, behavioral health and trauma brain injury, medical systems analysis, and medical logistics, and allied support services in the areas of MRI technology, diagnostic sonography, phlebotomy, dosimetry, physical therapy, and pharmaceuticals. The company’s logistics and technical services include program and project management, systems engineering and applicable information technology services, integrated logistics support, training, equipment and non-tactical vehicle operations and maintenance, and facilities and shipyard support services. DLH Holdings Corp., formerly known as TeamStaff, Inc., is headquartered in Atlanta, Georgia. “

Other analysts have also issued research reports about the stock. Canaccord Genuity reissued a “buy” rating and issued a $7.00 price target on shares of DLH in a research report on Friday, October 13th. TheStreet raised shares of DLH from a “c” rating to a “b-” rating in a report on Wednesday, November 1st. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $7.17.

DLH (DLHC) traded down $0.02 during midday trading on Tuesday, hitting $6.17. 8,757 shares of the stock traded hands, compared to its average volume of 7,260. DLH has a one year low of $4.10 and a one year high of $6.83. The company has a market capitalization of $73.55, a price-to-earnings ratio of 22.85 and a beta of 0.65.

DLH (NASDAQ:DLHC) last posted its quarterly earnings results on Wednesday, December 6th. The business services provider reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.01). DLH had a net margin of 2.84% and a return on equity of 9.61%. analysts forecast that DLH will post 0.35 earnings per share for the current year.

In related news, major shareholder Wynnefield Partners Small Cap sold 150,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $6.15, for a total transaction of $922,500.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 25.90% of the company’s stock.

Several large investors have recently modified their holdings of DLHC. Essex Investment Management Co. LLC increased its holdings in shares of DLH by 149.2% in the 3rd quarter. Essex Investment Management Co. LLC now owns 71,887 shares of the business services provider’s stock worth $466,000 after buying an additional 43,043 shares during the last quarter. Commonwealth Equity Services Inc bought a new position in shares of DLH in the 3rd quarter worth $2,342,000. Finally, Dimensional Fund Advisors LP bought a new position in shares of DLH in the 3rd quarter worth $121,000. 54.33% of the stock is currently owned by hedge funds and other institutional investors.

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DLH Company Profile

DLH Holdings Corp. provides healthcare and social services in the United States. It offers defense and veteransÂ’ health solutions, including case management, physical and behavioral health examinations, and medical administration and logistics services. The company also provides a range of human services and solutions, which consists of educational and environmental support services for the underserved children and youth comprising health, nutritional, parental, and behavioral services; and IT system architecture design, migration plan, and ongoing maintenance services.

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