DLH Holdings Corp. (NASDAQ:DLHC) is Cove Street Capital LLC’s 9th Largest Position

Cove Street Capital LLC grew its stake in shares of DLH Holdings Corp. (NASDAQ:DLHCFree Report) by 14.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 803,460 shares of the business services provider’s stock after acquiring an additional 102,275 shares during the period. DLH comprises about 3.2% of Cove Street Capital LLC’s portfolio, making the stock its 9th largest holding. Cove Street Capital LLC owned 0.06% of DLH worth $9,376,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of DLHC. Bank of New York Mellon Corp acquired a new stake in shares of DLH during the 1st quarter valued at $311,000. Dimensional Fund Advisors LP lifted its position in shares of DLH by 21.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 135,074 shares of the business services provider’s stock valued at $2,559,000 after acquiring an additional 23,654 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of DLH by 29.6% during the 1st quarter. Vanguard Group Inc. now owns 403,304 shares of the business services provider’s stock valued at $7,639,000 after acquiring an additional 92,020 shares during the last quarter. Ancora Advisors LLC lifted its position in shares of DLH by 8.9% during the 1st quarter. Ancora Advisors LLC now owns 155,029 shares of the business services provider’s stock valued at $1,538,000 after acquiring an additional 12,730 shares during the last quarter. Finally, State Street Corp lifted its position in shares of DLH by 25.3% during the 1st quarter. State Street Corp now owns 33,609 shares of the business services provider’s stock valued at $637,000 after acquiring an additional 6,781 shares during the last quarter. Institutional investors and hedge funds own 61.46% of the company’s stock.

DLH Stock Up 0.4 %

Shares of DLHC traded up $0.06 during mid-day trading on Monday, reaching $17.11. The company’s stock had a trading volume of 75,785 shares, compared to its average volume of 41,744. The business has a fifty day moving average of $15.40 and a 200 day moving average of $13.50. The company has a market cap of $243.48 million, a price-to-earnings ratio of 113.67 and a beta of 1.28. DLH Holdings Corp. has a 1 year low of $9.01 and a 1 year high of $17.58. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.45.

DLH (NASDAQ:DLHCGet Free Report) last released its earnings results on Thursday, December 7th. The business services provider reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.03. DLH had a return on equity of 6.78% and a net margin of 0.51%. The company had revenue of $101.48 million during the quarter, compared to analyst estimates of $103.00 million. During the same quarter in the prior year, the company earned $0.24 earnings per share. As a group, analysts forecast that DLH Holdings Corp. will post 0.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded DLH from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 2nd.

Read Our Latest Stock Analysis on DLHC

DLH Profile

(Free Report)

DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States. It offers digital transformation and cyber security solutions, including artificial intelligence and machine learning, cloud enablement, cybersecurity ecosystem, big data analytics, and modeling and simulation to the National Institutes of Health (NIH), the Defense Health Agency, Tele-medicine and Advanced Technology Research Center, and US Navy Naval Information Warfare Center (NIWC).

See Also

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Institutional Ownership by Quarter for DLH (NASDAQ:DLHC)

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