ValuEngine Lowers DHI Group (DHX) to Hold
DHI Group (NYSE:DHX) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday.
DHX has been the topic of several other research reports. Zacks Investment Research downgraded shares of DHI Group from a “hold” rating to a “sell” rating in a report on Wednesday, December 13th. B. Riley lowered their target price on shares of DHI Group from $2.75 to $2.00 and set a “neutral” rating on the stock in a report on Thursday, February 8th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $4.33.
DHI Group (NYSE:DHX) traded up $0.05 during mid-day trading on Thursday, hitting $1.70. 180,054 shares of the stock traded hands, compared to its average volume of 328,744. DHI Group has a 1 year low of $1.50 and a 1 year high of $5.20. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.55 and a quick ratio of 0.55. The stock has a market capitalization of $83.17, a P/E ratio of 5.15 and a beta of 0.85.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Nationwide Fund Advisors increased its position in DHI Group by 251.3% in the second quarter. Nationwide Fund Advisors now owns 100,304 shares of the technology company’s stock worth $286,000 after purchasing an additional 71,750 shares during the last quarter. Macquarie Group Ltd. bought a new stake in DHI Group in the third quarter worth $828,000. Ameriprise Financial Inc. increased its position in DHI Group by 34.4% in the second quarter. Ameriprise Financial Inc. now owns 584,381 shares of the technology company’s stock worth $1,665,000 after purchasing an additional 149,453 shares during the last quarter. Systematic Financial Management LP increased its position in DHI Group by 18.7% in the fourth quarter. Systematic Financial Management LP now owns 611,957 shares of the technology company’s stock worth $1,163,000 after purchasing an additional 96,270 shares during the last quarter. Finally, California Public Employees Retirement System increased its position in DHI Group by 24.0% in the third quarter. California Public Employees Retirement System now owns 328,774 shares of the technology company’s stock worth $855,000 after purchasing an additional 63,574 shares during the last quarter. Institutional investors own 81.68% of the company’s stock.
About DHI Group
DHI Group, Inc provides data, insights and employment connections through specialized services for professional communities, including technology and security clearance, financial services, energy, healthcare and hospitality. The Company’s segments are Tech & Clearance, which includes Dice, Dice Europe and ClearanceJobs; Global Industry Group, which includes eFinancialCareers, Rigzone, Hcareers and BioSpace; Healthcare, which includes Health eCareers, and Corporate & Other, which includes Slashdot Media and Brightmatter.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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