95,935 Shares in DLH Holdings Corp. (NASDAQ:DLHC) Bought by Victory Capital Management Inc.

Victory Capital Management Inc. acquired a new position in shares of DLH Holdings Corp. (NASDAQ:DLHC) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 95,935 shares of the business services provider’s stock, valued at approximately $1,013,000.

A number of other institutional investors also recently bought and sold shares of DLHC. Wasatch Advisors LP raised its stake in DLH by 9.6% during the 4th quarter. Wasatch Advisors LP now owns 548,217 shares of the business services provider’s stock valued at $8,634,000 after acquiring an additional 47,866 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of DLH by 0.7% in the first quarter. Vanguard Group Inc. now owns 507,623 shares of the business services provider’s stock valued at $6,736,000 after purchasing an additional 3,627 shares during the period. Quadrature Capital Ltd purchased a new stake in shares of DLH during the first quarter worth approximately $328,000. Hillsdale Investment Management Inc. acquired a new stake in shares of DLH during the first quarter worth $169,000. Finally, Essex Investment Management Co. LLC grew its position in DLH by 1.4% in the 1st quarter. Essex Investment Management Co. LLC now owns 98,622 shares of the business services provider’s stock valued at $1,309,000 after buying an additional 1,364 shares during the last quarter. 67.25% of the stock is currently owned by institutional investors and hedge funds.

DLH Stock Performance

Shares of DLHC opened at $9.78 on Friday. The stock has a market capitalization of $139.20 million, a P/E ratio of 46.57 and a beta of 1.15. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.05 and a current ratio of 1.05. DLH Holdings Corp. has a 1 year low of $9.55 and a 1 year high of $17.58. The company’s fifty day moving average is $10.64 and its two-hundred day moving average is $11.42.

DLH (NASDAQ:DLHC) last issued its quarterly earnings results on Wednesday, July 31st. The business services provider reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). The firm had revenue of $100.69 million for the quarter, compared to analyst estimates of $103.00 million. DLH had a return on equity of 7.03% and a net margin of 0.62%. During the same quarter last year, the firm earned $0.12 earnings per share. On average, sell-side analysts predict that DLH Holdings Corp. will post 0.46 earnings per share for the current year.

DLH Company Profile

DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States. It offers digital transformation and cyber security solutions, including artificial intelligence and machine learning, cloud enablement, cybersecurity ecosystem, big data analytics, and modeling and simulation to the National Institutes of Health (NIH), the Defense Health Agency, Tele-medicine and Advanced Technology Research Center, and US Navy Naval Information Warfare Center (NIWC).