Algert Global LLC raised its stake in DHI Group Inc. (NYSE:DHX) by 87.4% during the third quarter, Holdings Channel reports. The firm owned 193,780 shares of the company’s stock after buying an additional 90,348 shares during the period. Algert Global LLC’s holdings in DHI Group were worth $1,529,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of the company. KCG Holdings Inc. acquired a new stake in shares of DHI Group during the second quarter valued at approximately $115,000. Thrivent Financial for Lutherans boosted its stake in shares of DHI Group by 6.0% in the second quarter. Thrivent Financial for Lutherans now owns 19,970 shares of the company’s stock valued at $124,000 after buying an additional 1,130 shares during the period. Arizona State Retirement System boosted its stake in shares of DHI Group by 0.9% in the second quarter. Arizona State Retirement System now owns 21,561 shares of the company’s stock valued at $134,000 after buying an additional 200 shares during the period. Princeton Alpha Management LP boosted its stake in shares of DHI Group by 114.3% in the second quarter. Princeton Alpha Management LP now owns 22,826 shares of the company’s stock valued at $142,000 after buying an additional 12,174 shares during the period. Finally, BlackRock Advisors LLC boosted its stake in shares of DHI Group by 19.9% in the second quarter. BlackRock Advisors LLC now owns 23,757 shares of the company’s stock valued at $148,000 after buying an additional 3,949 shares during the period. 88.29% of the stock is currently owned by hedge funds and other institutional investors.
DHI Group Inc. (NYSE:DHX) opened at 8.00 on Thursday. The stock’s 50 day moving average is $7.84 and its 200 day moving average is $7.31. DHI Group Inc. has a 1-year low of $5.99 and a 1-year high of $10.48. The firm’s market capitalization is $400.70 million.
DHI Group (NYSE:DHX) last posted its quarterly earnings data on Wednesday, July 27th. The company reported $0.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.02. DHI Group had a negative net margin of 6.41% and a positive return on equity of 14.81%. The company earned $57.70 million during the quarter, compared to analysts’ expectations of $58.67 million. During the same period in the prior year, the company posted $0.11 earnings per share. DHI Group’s revenue for the quarter was down 6.8% compared to the same quarter last year. Analysts predict that DHI Group Inc. will post $0.26 EPS for the current fiscal year.
Several equities research analysts have commented on DHX shares. Cantor Fitzgerald reissued a “hold” rating on shares of DHI Group in a research report on Friday, September 2nd. Zacks Investment Research raised shares of DHI Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 11th. Finally, B. Riley reissued a “neutral” rating and set a $8.50 price target on shares of DHI Group in a research report on Monday, July 25th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. DHI Group currently has a consensus rating of “Hold” and a consensus price target of $9.19.
In other DHI Group news, insider John Benson sold 33,591 shares of the firm’s stock in a transaction on Wednesday, July 20th. The shares were sold at an average price of $6.84, for a total value of $229,762.44. Following the completion of the sale, the insider now directly owns 237,970 shares in the company, valued at $1,627,714.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shravan Goli sold 17,334 shares of the firm’s stock in a transaction on Wednesday, July 27th. The stock was sold at an average price of $7.56, for a total transaction of $131,045.04. Following the completion of the sale, the insider now owns 157,448 shares of the company’s stock, valued at $1,190,306.88. The disclosure for this sale can be found here. 7.20% of the stock is currently owned by company insiders.
DHI Group Company Profile
DHI Group, Inc formerly Dice Holdings, Inc is a provider of specialized Websites focused on select professional communities. The Company’s segments include Tech & Clearance, Finance, Energy, Healthcare and Hospitality. Its online communities enable professionals to manage their careers by finding relevant job opportunities and by building their knowledge through original and community-shared content.
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