Barclays PLC Raises Holdings in Mastech Digital, Inc. (NYSE:MHH)

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

Other hedge funds and other institutional investors have also bought and sold shares of the company. Truvestments Capital LLC bought a new position in shares of Mastech Digital in the 3rd quarter worth $29,000. HighTower Advisors LLC grew 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 purchasing an additional 6,809 shares during the last quarter. Geode Capital Management LLC raised its holdings in Mastech Digital by 15.9% in the third quarter. Geode Capital Management LLC now owns 47,753 shares of the company’s stock worth $478,000 after purchasing an additional 6,544 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Mastech Digital by 2.4% during the second quarter. Dimensional Fund Advisors LP now owns 227,350 shares of the company’s stock valued at $1,705,000 after buying an additional 5,236 shares during the last quarter. Institutional investors own 18.43% of the company’s stock.

Analyst Ratings Changes

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

Mastech Digital Trading Down 4.2 %

Shares of MHH stock opened at $14.21 on Friday. Mastech Digital, Inc. has a 12-month low of $7.15 and a 12-month high of $16.00. The business’s fifty day simple moving average is $14.66 and its 200-day simple moving average is $13.43. The company has a market cap of $166.40 million, a PE ratio of -74.79, a PEG ratio of 0.86 and a beta of 0.58.

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.