Connor Clark & Lunn Investment Management Ltd. Boosts Stake in DHI Group, Inc. (NYSE:DHX)

Connor Clark & Lunn Investment Management Ltd. grew its position in shares of DHI Group, Inc. (NYSE:DHX) by 86.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 61,659 shares of the technology company’s stock after acquiring an additional 28,552 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in DHI Group were worth $113,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Point72 DIFC Ltd purchased a new position in shares of DHI Group in the 2nd quarter valued at $30,000. Cubist Systematic Strategies LLC purchased a new position in DHI Group in the second quarter valued at about $35,000. Virtu Financial LLC acquired a new position in shares of DHI Group during the first quarter worth about $39,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of DHI Group in the second quarter worth about $41,000. Finally, Allworth Financial LP purchased a new stake in shares of DHI Group in the third quarter worth about $49,000. 69.26% of the stock is currently owned by hedge funds and other institutional investors.

DHI Group Stock Down 0.6 %

Shares of NYSE DHX opened at $1.77 on Tuesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.42 and a current ratio of 0.42. DHI Group, Inc. has a 1 year low of $1.45 and a 1 year high of $2.98. The stock’s 50-day simple moving average is $1.75 and its 200-day simple moving average is $1.91. The firm has a market cap of $85.54 million, a price-to-earnings ratio of 44.51 and a beta of 1.04.

Wall Street Analyst Weigh In

Several brokerages recently commented on DHX. B. Riley dropped their target price on DHI Group from $4.00 to $3.50 and set a “buy” rating on the stock in a report on Wednesday, November 13th. Barrington Research reiterated an “outperform” rating and set a $7.00 price objective on shares of DHI Group in a research note on Thursday, November 21st. Finally, StockNews.com downgraded shares of DHI Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 16th.

About DHI Group

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.