Albert D Mason Inc. Raises Stake in DLH Holdings Corp. (NASDAQ:DLHC)

Albert D Mason Inc. increased its position in shares of DLH Holdings Corp. (NASDAQ:DLHC) by 10.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 103,575 shares of the business services provider’s stock after acquiring an additional 10,016 shares during the quarter. Albert D Mason Inc. owned approximately 0.72% of DLH worth $832,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Minerva Advisors LLC boosted its holdings in shares of DLH by 24.2% during the third quarter. Minerva Advisors LLC now owns 636,377 shares of the business services provider’s stock worth $5,950,000 after purchasing an additional 123,796 shares during the last quarter. Victory Capital Management Inc. purchased a new stake in DLH in the 2nd quarter valued at about $1,013,000. Dimensional Fund Advisors LP increased its stake in shares of DLH by 24.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 233,800 shares of the business services provider’s stock valued at $2,469,000 after acquiring an additional 45,915 shares during the last quarter. Squarepoint Ops LLC purchased a new position in shares of DLH during the 2nd quarter worth about $367,000. Finally, Bank of New York Mellon Corp boosted its position in shares of DLH by 160.2% in the second quarter. Bank of New York Mellon Corp now owns 37,238 shares of the business services provider’s stock worth $393,000 after acquiring an additional 22,928 shares during the last quarter. 67.25% of the stock is owned by hedge funds and other institutional investors.

DLH Price Performance

Shares of DLH stock opened at $7.92 on Friday. The business’s fifty day moving average price is $8.06 and its 200 day moving average price is $9.30. DLH Holdings Corp. has a twelve month low of $7.34 and a twelve month high of $17.58. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.25. The stock has a market capitalization of $113.97 million, a P/E ratio of 15.53 and a beta of 1.18.

Insider Transactions at DLH

In other DLH news, CFO Kathryn M. Johnbull bought 10,000 shares of the business’s stock in a transaction dated Tuesday, December 17th. The shares were acquired at an average price of $7.76 per share, with a total value of $77,600.00. Following the purchase, the chief financial officer now owns 528,687 shares in the company, valued at approximately $4,102,611.12. The trade was a 1.93 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 21.60% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of DLH from a “hold” rating to a “buy” rating in a research note on Thursday, January 9th.

DLH Profile

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).