Minerva Advisors LLC Buys 123,796 Shares of DLH Holdings Corp. (NASDAQ:DLHC)

Minerva Advisors LLC grew its position in shares of DLH Holdings Corp. (NASDAQ:DLHC) by 24.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 636,377 shares of the business services provider’s stock after acquiring an additional 123,796 shares during the quarter. DLH comprises about 3.4% of Minerva Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Minerva Advisors LLC’s holdings in DLH were worth $5,950,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of DLHC. Dimensional Fund Advisors LP boosted its stake in DLH by 24.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 233,800 shares of the business services provider’s stock valued at $2,469,000 after purchasing an additional 45,915 shares during the period. Victory Capital Management Inc. bought a new stake in shares of DLH during the second quarter valued at approximately $1,013,000. Vanguard Group Inc. raised its holdings in shares of DLH by 0.7% during the first quarter. Vanguard Group Inc. now owns 507,623 shares of the business services provider’s stock valued at $6,736,000 after buying an additional 3,627 shares during the last quarter. Quadrature Capital Ltd acquired a new position in shares of DLH during the first quarter worth approximately $328,000. Finally, Rhumbline Advisers acquired a new stake in DLH in the 2nd quarter valued at approximately $90,000. Institutional investors own 67.25% of the company’s stock.

DLH Stock Up 2.3 %

Shares of DLH stock opened at $8.44 on Tuesday. DLH Holdings Corp. has a 1-year low of $7.94 and a 1-year high of $17.58. The company has a market capitalization of $119.68 million, a P/E ratio of 49.65 and a beta of 1.16. The business’s fifty day moving average price is $8.99 and its two-hundred day moving average price is $10.21. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.05 and a quick ratio of 1.05.

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).