Hsbc Holdings PLC Increases Holdings in DHI Group, Inc. (NYSE:DHX)

Hsbc Holdings PLC raised its stake in DHI Group, Inc. (NYSE:DHX) by 59.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 79,414 shares of the technology company’s stock after buying an additional 29,757 shares during the quarter. Hsbc Holdings PLC owned approximately 0.16% of DHI Group worth $160,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of DHX. Virtu Financial LLC acquired a new stake in DHI Group during the first quarter worth about $39,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of DHI Group during the 2nd quarter valued at approximately $41,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in DHI Group in the first quarter valued at approximately $45,000. BNP Paribas Financial Markets grew its position in DHI Group by 76.9% in the first quarter. BNP Paribas Financial Markets now owns 21,329 shares of the technology company’s stock worth $54,000 after acquiring an additional 9,274 shares during the period. Finally, Gagnon Securities LLC increased its stake in DHI Group by 75.8% during the first quarter. Gagnon Securities LLC now owns 88,830 shares of the technology company’s stock worth $227,000 after acquiring an additional 38,295 shares during the last quarter. 69.26% of the stock is owned by institutional investors and hedge funds.

DHI Group Price Performance

Shares of NYSE DHX opened at $1.67 on Friday. The business has a 50-day moving average of $1.78 and a two-hundred day moving average of $2.13. The company has a market capitalization of $80.73 million, a price-to-earnings ratio of 41.75 and a beta of 1.02. DHI Group, Inc. has a 1 year low of $1.45 and a 1 year high of $3.04. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.45 and a quick ratio of 0.45.

DHI Group (NYSE:DHX) last posted its earnings results on Wednesday, August 7th. The technology company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.02. The business had revenue of $35.83 million during the quarter, compared to the consensus estimate of $36.10 million. DHI Group had a return on equity of 7.47% and a net margin of 1.77%. During the same period in the previous year, the business earned $0.02 EPS. On average, analysts forecast that DHI Group, Inc. will post 0.19 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Barrington Research reiterated an “outperform” rating and set a $7.00 price target on shares of DHI Group in a report on Wednesday, August 14th. StockNews.com downgraded shares of DHI Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 16th.

DHI Group Profile

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.