North Star Investment Management Corp. Takes $786,000 Position in DLH Holdings Corp. $DLHC

North Star Investment Management Corp. bought a new position in shares of DLH Holdings Corp. (NASDAQ:DLHC) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 135,000 shares of the business services provider’s stock, valued at approximately $786,000. North Star Investment Management Corp. owned 0.93% of DLH as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of DLHC. Sandia Investment Management LP acquired a new stake in DLH in the 4th quarter valued at $197,000. Rothschild Wealth LLC acquired a new position in DLH during the fourth quarter worth $928,000. Mink Brook Asset Management LLC lifted its stake in shares of DLH by 2.3% in the fourth quarter. Mink Brook Asset Management LLC now owns 2,625,847 shares of the business services provider’s stock valued at $14,836,000 after buying an additional 59,498 shares in the last quarter. State Street Corp lifted its stake in shares of DLH by 28.7% in the fourth quarter. State Street Corp now owns 59,609 shares of the business services provider’s stock valued at $337,000 after buying an additional 13,300 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of DLH in the fourth quarter valued at $58,000. 67.25% of the stock is currently owned by institutional investors.

Insider Buying and Selling at DLH

In other news, major shareholder Mink Brook Asset Management Ll purchased 68,547 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average cost of $5.50 per share, for a total transaction of $377,008.50. Following the completion of the acquisition, the insider owned 2,051,938 shares in the company, valued at $11,285,659. This trade represents a 3.46% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have bought 131,645 shares of company stock worth $720,686 over the last 90 days. 12.80% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on DLHC shares. Zacks Research raised shares of DLH from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of DLH in a research note on Monday, April 20th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

DLH Trading Up 0.8%

NASDAQ DLHC opened at $5.30 on Tuesday. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.00. The business has a fifty day simple moving average of $5.63 and a 200 day simple moving average of $5.72. DLH Holdings Corp. has a 12 month low of $5.12 and a 12 month high of $8.10. The firm has a market capitalization of $76.80 million, a P/E ratio of -17.67 and a beta of 1.45.

DLH (NASDAQ:DLHC) last posted its quarterly earnings data on Wednesday, May 6th. The business services provider reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.01). DLH had a negative return on equity of 4.00% and a negative net margin of 1.53%.The firm had revenue of $59.27 million for the quarter, compared to analysts’ expectations of $58.00 million. On average, analysts predict that DLH Holdings Corp. will post -0.59 EPS for the current fiscal year.

DLH Company Profile

DLH Holdings Corp. (NASDAQ: DLHC) is a provider of mission-driven professional services primarily to federal government agencies and select commercial clients. The company designs and delivers tailored solutions across a range of critical mission areas, including program and project management, consulting, technical assistance, and administrative support. Through its Healthcare Solutions offerings, DLH also specializes in supporting clinical and allied health staffing needs for federal health agencies and health systems.

Operating under its Federal Solutions segment, DLH partners with agencies such as the Department of Veterans Affairs, Department of Defense, Department of Homeland Security, and the Department of Health and Human Services.