Public Policy Holding Company, Inc. (NASDAQ:PPHC) Short Interest Update

Public Policy Holding Company, Inc. (NASDAQ:PPHC) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 227,472 shares, an increase of 49.8% from the August 31st total of 151,879 shares. Based on an average daily volume of 146,093 shares, the short-interest ratio is presently 1.6 days. Approximately 0.9% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Public Policy stock. State Street Corp purchased a new position in Public Policy Holding Company, Inc. (NASDAQ:PPHC) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 50,600 shares of the company’s stock, valued at approximately $375,000. State Street Corp owned about 0.17% of Public Policy at the end of the most recent reporting period.

Public Policy Stock Performance

Shares of Public Policy stock traded down $0.05 on Friday, reaching $10.47. The stock had a trading volume of 46,058 shares, compared to its average volume of 140,416. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.60 and a current ratio of 1.60. The business’s 50-day moving average price is $11.00 and its two-hundred day moving average price is $11.15. The stock has a market cap of $316.40 million and a P/E ratio of 95.18. Public Policy has a fifty-two week low of $7.01 and a fifty-two week high of $15.15.

Public Policy (NASDAQ:PPHC) last posted its earnings results on Tuesday, June 30th. The company reported $0.34 earnings per share (EPS) for the quarter. The business had revenue of $52.14 million for the quarter. Public Policy had a negative net margin of 18.85% and a negative return on equity of 0.26%. On average, sell-side analysts forecast that Public Policy will post 0.5 EPS for the current year.

Public Policy Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, October 23rd. Shareholders of record on Friday, September 25th will be issued a $0.1170 dividend. The ex-dividend date of this dividend is Friday, September 25th. This represents a yield of 212.0%. Public Policy’s dividend payout ratio (DPR) is 209.09%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Weiss Ratings reissued a “sell (e)” rating on shares of Public Policy in a research report on Monday. Canaccord Genuity Group reiterated a “buy” rating and set a $18.00 price target on shares of Public Policy in a research note on Wednesday, July 8th. Finally, Wall Street Zen raised Public Policy from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Public Policy currently has an average rating of “Hold” and an average target price of $17.00.

About Public Policy

Public Policy Holding Company, Inc is a public affairs and government relations platform that provides strategic advice and advocacy services to corporations, trade associations, nonprofit organizations, and other institutions. The company operates through a network of specialized public policy and communications firms.

Its services generally include federal, state, and local government relations; lobbying; public affairs strategy; strategic communications; coalition building; grassroots and digital advocacy; policy research; and issue management.