Mastech Digital, Inc. (NYSE:MHH) Shares Sold by Capital Management Corp VA

Capital Management Corp VA decreased its holdings in shares of Mastech Digital, Inc. (NYSE:MHH) by 17.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 686,251 shares of the company’s stock after selling 149,973 shares during the quarter. Mastech Digital makes up approximately 1.8% of Capital Management Corp VA’s portfolio, making the stock its 25th biggest position. Capital Management Corp VA owned approximately 5.86% of Mastech Digital worth $10,225,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Truvestments Capital LLC purchased a new stake in shares of Mastech Digital during the 3rd quarter worth approximately $29,000. Barclays PLC grew its position in shares of Mastech Digital by 86.9% in the 3rd quarter. Barclays PLC now owns 6,544 shares of the company’s stock valued at $65,000 after buying an additional 3,042 shares during the last quarter. Virtu Financial LLC acquired a new stake in Mastech Digital during the 3rd quarter worth $101,000. HighTower Advisors LLC boosted its stake in Mastech Digital by 19.5% in the third quarter. HighTower Advisors LLC now owns 41,815 shares of the company’s stock valued at $417,000 after acquiring an additional 6,809 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Mastech Digital by 15.9% in the third quarter. Geode Capital Management LLC now owns 47,753 shares of the company’s stock valued at $478,000 after acquiring an additional 6,544 shares in the last quarter. 18.43% of the stock is owned by institutional investors and hedge funds.

Mastech Digital Trading Down 0.1 %

Shares of NYSE MHH opened at $10.10 on Friday. The stock has a market cap of $118.23 million, a P/E ratio of 34.83, a P/E/G ratio of 0.79 and a beta of 0.77. Mastech Digital, Inc. has a twelve month low of $7.15 and a twelve month high of $16.00. The stock has a 50 day moving average of $12.15 and a two-hundred day moving average of $13.74.

Mastech Digital (NYSE:MHH) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.05. Mastech Digital had a net margin of 1.71% and a return on equity of 8.20%. During the same quarter in the previous year, the company posted $0.11 earnings per share. As a group, research analysts predict that Mastech Digital, Inc. will post 0.84 earnings per share for the current year.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Mastech Digital from a “buy” rating to a “strong-buy” rating in a research report on Friday, January 3rd.

Mastech Digital Profile

Mastech Digital, Inc, together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. The company operates through Data and Analytics Services and IT Staffing Services segments. It offers data management and analytics services, including project-based consulting services in the areas of master data management, enterprise data integration, big data and analytics, and digital transformation by using onsite and offshore resources.