Barington Capital Group Lowers stake in DHI Group Inc (DHX)

DHI Group Inc (DHX) : Barington Capital Group reduced its stake in DHI Group Inc by 10.39% during the most recent quarter end. The investment management company now holds a total of 512,405 shares of DHI Group Inc which is valued at $3,617,579 after selling 59,382 shares in DHI Group Inc , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.DHI Group Inc makes up approximately 3.10% of Barington Capital Group’s portfolio.

Other Hedge Funds, Including , Comerica Bank reduced its stake in DHX by selling 965 shares or 2.29% in the most recent quarter. The Hedge Fund company now holds 41,100 shares of DHX which is valued at $290,166.Princeton Alpha Management Lp boosted its stake in DHX in the latest quarter, The investment management firm added 12,174 additional shares and now holds a total of 22,826 shares of DHI Group Inc which is valued at $164,119. DHI Group Inc makes up approx 0.03% of Princeton Alpha Management Lp’s portfolio. Cadence Capital Management sold out all of its stake in DHX during the most recent quarter. The investment firm sold 108,452 shares of DHX which is valued $770,009.

DHI Group Inc closed down -0.03 points or -0.40% at $7.51 with 1,78,624 shares getting traded on Monday. Post opening the session at $7.52, the shares hit an intraday low of $7.47 and an intraday high of $7.59 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, DHI Group Inc reported $0.10 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.08. The company had revenue of $57.70 million for the quarter, compared to analysts expectations of $58.66 million. The company’s revenue was down -6.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.11 EPS.

DHI Group Inc formerly Dice Holdings a provider of Websites focused on select professional communities. Through its online communities professionals can manage their careers by finding relevant job opportunities and by building their knowledge through original and community-shared content. The Company’s segments include: Tech & Clearance Finance Energy Healthcare Hospitality and Corporate & Other. Its Tech & Clearance segment consists of the and the IT Job Board services as well as Targeted Job Fairs. Its Finance segment represents the eFinancialCareers service worldwide. Its Energy segment consists of Rigzone and OilCareers. The Healthcare segment includes HEALTHeCAREERS and BioSpace. Its Hospitality segment includes Hcareers. Its Corporate & Other segment consists of Slashdot Media WorkDigital and corporate-related costs.

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