Mink Brook Asset Management Increases Stake in DLH Holdings Corp Amid Valuation Concerns

Mink Brook Asset Management has increased its stake in DLH Holdings Corp by acquiring 76,563 shares at $5.50 per share. This transaction reflects the firm's ongoing investment strategy and confidence in DLH Holdings Corp's potential. The firm now holds 2,465,913 shares of DLH Holdings Corp, representing a 3.20% change in its holdings and impacting the portfolio by 0.36%. DLH Holdings Corp is a provider of technology-enabled business process outsourcing and program management solutions with a market capitalization of $80.133 million and a current stock price of $5.57.

Mink Brook Asset Management LLC (MBA) has significantly bolstered its investment in DLH Holdings Corp (DLHC) by acquiring 76,563 shares at $5.50 per share. This transaction, disclosed in the latest SEC filing, reflects MBA's ongoing confidence in DLH Holdings' potential. Following the purchase, MBA now holds 2,465,913 shares of DLHC, representing a 3.20% increase in its holdings and impacting its portfolio by 0.36%.

DLH Holdings Corp, a provider of technology-enabled business process outsourcing and program management solutions, offers services to various government agencies, including the Department of Veterans Affairs. The company leverages digital transformation, artificial intelligence, and cloud-based applications to address complex problems faced by both civilian and military customers.

MBA's investment in DLHC comes amidst a backdrop of mixed analyst opinions and recent stock volatility. Despite a quarterly adjusted earnings per share (EPS) of 2 cents, down from 8 cents the previous year, DLHC's revenue fell by 17.2% to $83.34 million. The company's stock has been volatile, trading down 5.8% in the latest quarter and losing 31.5% year-to-date.

The acquisition also highlights DLHC's market capitalization, currently at $80.133 million, and a current stock price of $5.57. The company's debt-to-equity ratio stands at 1.09, indicating a moderate reliance on borrowed funds. Despite these challenges, institutional investors, including MBA and Minerva Advisors, continue to show interest in DLHC.

References:
[1] https://www.benzinga.com/insights/news/25/08/47063255/bullish-move-mink-brook-asset-management-llc-shows-confidence-acquires-421k-in-dlh-holdings-stock
[2] https://www.ainvest.com/news/dlh-holdings-corp-10-owner-mink-brook-asset-management-llc-significant-share-purchases-2508/