Tieton Capital Management LLC Has $5.33 Million Holdings in DHI Group, Inc. (NYSE:DHX)

Tieton Capital Management LLC raised its holdings in shares of DHI Group, Inc. (NYSE:DHX) by 24.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,008,584 shares of the technology company’s stock after acquiring an additional 587,376 shares during the quarter. DHI Group makes up 2.1% of Tieton Capital Management LLC’s investment portfolio, making the stock its 24th largest holding. Tieton Capital Management LLC owned 6.23% of DHI Group worth $5,325,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Picton Mahoney Asset Management boosted its position in DHI Group by 92.1% during the fourth quarter. Picton Mahoney Asset Management now owns 17,618 shares of the technology company’s stock valued at $31,000 after purchasing an additional 8,449 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of DHI Group by 86.2% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,659 shares of the technology company’s stock valued at $113,000 after buying an additional 28,552 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of DHI Group by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 379,424 shares of the technology company’s stock valued at $698,000 after buying an additional 8,547 shares in the last quarter. Finally, Royce & Associates LP increased its holdings in DHI Group by 2.7% in the fourth quarter. Royce & Associates LP now owns 3,450,934 shares of the technology company’s stock worth $6,108,000 after buying an additional 91,786 shares during the last quarter. Institutional investors and hedge funds own 69.26% of the company’s stock.

DHI Group Stock Performance

DHX opened at $1.49 on Monday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.47 and a current ratio of 0.47. The company has a market cap of $72.89 million, a PE ratio of 149.15 and a beta of 1.08. The stock has a 50-day moving average of $2.42 and a 200-day moving average of $2.00. DHI Group, Inc. has a 52-week low of $1.45 and a 52-week high of $3.32.

DHI Group (NYSE:DHX) last issued its quarterly earnings data on Wednesday, February 5th. The technology company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.04. DHI Group had a return on equity of 9.21% and a net margin of 0.18%. As a group, equities research analysts forecast that DHI Group, Inc. will post 0.11 earnings per share for the current fiscal year.

DHI Group declared that its Board of Directors has initiated a stock buyback plan on Tuesday, January 21st that allows the company to repurchase $5.00 million in shares. This repurchase authorization allows the technology company to buy up to 4.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Insider Transactions at DHI Group

In related news, Director Kathleen M. Swann sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $2.96, for a total value of $29,600.00. Following the sale, the director now owns 118,113 shares of the company’s stock, valued at $349,614.48. The trade was a 7.81 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last quarter, insiders have sold 15,200 shares of company stock valued at $39,830. 15.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Separately, Barrington Research reiterated an “outperform” rating and issued a $7.00 target price on shares of DHI Group in a research note on Friday.

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.