Mastech Digital, Inc. (NYSE:MHH) Shares Purchased by Barclays PLC

Barclays PLC boosted its stake in Mastech Digital, Inc. (NYSE:MHH) by 86.9% in the 3rd quarter, Holdings Channel reports. The firm owned 6,544 shares of the company’s stock after purchasing an additional 3,042 shares during the period. Barclays PLC’s holdings in Mastech Digital were worth $65,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MHH. HighTower Advisors LLC increased its stake in Mastech Digital by 19.5% during the 3rd quarter. HighTower Advisors LLC now owns 41,815 shares of the company’s stock worth $417,000 after buying an additional 6,809 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Mastech Digital by 2.4% in the second quarter. Dimensional Fund Advisors LP now owns 227,350 shares of the company’s stock worth $1,705,000 after acquiring an additional 5,236 shares in the last quarter. Finally, Truvestments Capital LLC purchased a new stake in shares of Mastech Digital during the third quarter worth $29,000. Hedge funds and other institutional investors own 18.43% of the company’s stock.

Mastech Digital Stock Performance

Shares of Mastech Digital stock opened at $14.27 on Friday. The business has a 50-day simple moving average of $14.66 and a 200-day simple moving average of $12.74. Mastech Digital, Inc. has a one year low of $7.15 and a one year high of $16.00. The company has a market cap of $167.04 million, a PE ratio of -75.11, a P/E/G ratio of 1.38 and a beta of 0.58.

Analyst Ratings Changes

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

Mastech Digital Company 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.