Allworth Financial LP Buys Shares of 26,488 DHI Group, Inc. (NYSE:DHX)

Allworth Financial LP purchased a new stake in shares of DHI Group, Inc. (NYSE:DHX) during the third quarter, Holdings Channel reports. The fund purchased 26,488 shares of the technology company’s stock, valued at approximately $49,000.

Other hedge funds have also recently made changes to their positions in the company. Point72 DIFC Ltd acquired a new stake in shares of DHI Group during the second quarter valued at about $30,000. Cubist Systematic Strategies LLC acquired a new stake in shares of DHI Group during the second quarter valued at about $35,000. Virtu Financial LLC acquired a new stake in shares of DHI Group during the first quarter valued at about $39,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of DHI Group during the second quarter valued at about $41,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of DHI Group during the first quarter valued at about $45,000. 69.26% of the stock is owned by institutional investors and hedge funds.

DHI Group Price Performance

DHI Group stock opened at $1.70 on Friday. The stock’s 50 day moving average is $1.74 and its 200 day moving average is $2.03. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.45 and a quick ratio of 0.45. The firm has a market cap of $82.04 million, a P/E ratio of 28.25 and a beta of 1.02. DHI Group, Inc. has a one year low of $1.45 and a one year high of $2.98.

DHI Group (NYSE:DHX) last posted its quarterly earnings data on Wednesday, August 7th. The technology company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.02. The company had revenue of $35.83 million for the quarter, compared to analyst estimates 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 firm earned $0.02 earnings per share. As a group, research analysts expect that DHI Group, Inc. will post 0.19 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on DHX shares. StockNews.com lowered DHI Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 16th. Barrington Research reaffirmed an “outperform” rating and issued a $7.00 price objective on shares of DHI Group in a research note on Wednesday, August 14th.

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.