DLH Holdings Corp. (NASDAQ:DLHC) Shares Bought by Minerva Advisors LLC

Minerva Advisors LLC lifted its position in shares of DLH Holdings Corp. (NASDAQ:DLHC) by 24.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 636,377 shares of the business services provider’s stock after purchasing an additional 123,796 shares during the period. DLH comprises 3.4% of Minerva Advisors LLC’s portfolio, making the stock its 8th largest position. Minerva Advisors LLC owned 4.49% of DLH worth $5,950,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in DLHC. Dimensional Fund Advisors LP lifted its holdings 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 worth $2,469,000 after buying an additional 45,915 shares during the last quarter. Victory Capital Management Inc. bought a new position in DLH during the second quarter worth $1,013,000. Vanguard Group Inc. boosted its holdings in DLH by 0.7% in the first quarter. Vanguard Group Inc. now owns 507,623 shares of the business services provider’s stock worth $6,736,000 after purchasing an additional 3,627 shares during the period. Quadrature Capital Ltd bought a new stake in DLH during the first quarter valued at $328,000. Finally, Rhumbline Advisers acquired a new stake in shares of DLH during the second quarter worth $90,000. 67.25% of the stock is currently owned by hedge funds and other institutional investors.

DLH Trading Up 2.3 %

NASDAQ DLHC opened at $8.44 on Tuesday. The firm has a market capitalization of $119.68 million, a PE ratio of 49.65 and a beta of 1.16. DLH Holdings Corp. has a one year low of $7.94 and a one year high of $17.58. The company has a 50-day simple moving average of $8.99 and a 200-day simple moving average of $10.21. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.05 and a current ratio of 1.05.

About DLH

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).