Dimensional Fund Advisors LP Purchases 45,915 Shares of DLH Holdings Corp. (NASDAQ:DLHC)

Dimensional Fund Advisors LP increased its holdings in shares of DLH Holdings Corp. (NASDAQ:DLHC) by 24.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 233,800 shares of the business services provider’s stock after buying an additional 45,915 shares during the quarter. Dimensional Fund Advisors LP’s holdings in DLH were worth $2,469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Rhumbline Advisers purchased a new position in shares of DLH during the second quarter worth $90,000. Hillsdale Investment Management Inc. purchased a new position in shares of DLH during the 1st quarter valued at about $169,000. Quadrature Capital Ltd purchased a new position in shares of DLH during the 1st quarter valued at about $328,000. Bank of New York Mellon Corp lifted its holdings in shares of DLH by 160.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 37,238 shares of the business services provider’s stock valued at $393,000 after buying an additional 22,928 shares during the period. Finally, Legato Capital Management LLC boosted its stake in shares of DLH by 48.0% in the second quarter. Legato Capital Management LLC now owns 57,973 shares of the business services provider’s stock worth $612,000 after buying an additional 18,809 shares during the last quarter. Hedge funds and other institutional investors own 67.25% of the company’s stock.

DLH Stock Up 1.3 %

Shares of DLHC stock opened at $8.80 on Friday. DLH Holdings Corp. has a twelve month low of $8.55 and a twelve month high of $17.58. The stock has a market cap of $124.78 million, a P/E ratio of 51.77 and a beta of 1.14. The stock has a 50 day moving average of $9.96 and a 200 day moving average of $10.85. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.32.

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

DLH 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).