Zacks Investment Research upgraded shares of DLH (NASDAQ:DLHC) from a hold rating to a buy rating in a report released on Monday morning. Zacks Investment Research currently has $7.00 price target on the business services provider’s stock.

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. “

DLHC has been the topic of a number of other reports. TheStreet upgraded DLH from a c rating to a b- rating in a report on Wednesday, November 1st. Canaccord Genuity restated a buy rating and issued a $7.00 price objective on shares of DLH in a report on Friday, October 13th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. DLH currently has an average rating of Buy and an average price target of $7.17.

DLH (NASDAQ DLHC) traded up $0.04 during trading on Monday, hitting $6.19. The stock had a trading volume of 1,549 shares, compared to its average volume of 7,100. The stock has a market cap of $73.08, a P/E ratio of 22.93 and a beta of 0.65. DLH has a 52 week low of $4.10 and a 52 week high of $6.83.

In other news, major shareholder Wynnefield Partners Small Cap sold 150,000 shares of the firm’s stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $6.15, for a total value of $922,500.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 25.90% of the company’s stock.

Several large investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP purchased a new stake in shares of DLH during the 3rd quarter valued at about $121,000. Commonwealth Equity Services Inc purchased a new stake in shares of DLH during the 3rd quarter valued at about $2,342,000. Finally, Essex Investment Management Co. LLC raised its holdings in shares of DLH by 149.2% during the 3rd quarter. Essex Investment Management Co. LLC now owns 71,887 shares of the business services provider’s stock valued at $466,000 after buying an additional 43,043 shares during the period. Institutional investors and hedge funds own 54.33% of the company’s stock.

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About DLH

DLH Holdings Corp. provides healthcare and social services in the United States. It offers defense and veterans’ 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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