Diamond Hill Investment Group, Inc. (DHIL) Director Sells $726,819.17 in Stock

Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) Director James F. Laird, Jr. sold 3,509 shares of the firm’s stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $207.13, for a total transaction of $726,819.17. Following the sale, the director now directly owns 29,800 shares of the company’s stock, valued at approximately $6,172,474. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Diamond Hill Investment Group, Inc. (NASDAQ DHIL) opened at $207.80 on Monday. The firm has a market cap of $720.91, a P/E ratio of 13.83 and a beta of 0.94. Diamond Hill Investment Group, Inc. has a 1 year low of $182.50 and a 1 year high of $219.90.

Diamond Hill Investment Group (NASDAQ:DHIL) last issued its earnings results on Thursday, October 26th. The asset manager reported $3.67 earnings per share (EPS) for the quarter. Diamond Hill Investment Group had a net margin of 35.08% and a return on equity of 31.76%. The company had revenue of $36.77 million for the quarter.

The business also recently announced a dividend, which was paid on Monday, December 11th. Investors of record on Friday, December 1st were issued a $7.00 dividend. The ex-dividend date of this dividend was Thursday, November 30th.

A number of hedge funds have recently modified their holdings of the stock. Wells Fargo & Company MN boosted its holdings in Diamond Hill Investment Group by 0.5% in the third quarter. Wells Fargo & Company MN now owns 193,198 shares of the asset manager’s stock worth $41,025,000 after purchasing an additional 1,002 shares during the last quarter. Epoch Investment Partners Inc. boosted its holdings in Diamond Hill Investment Group by 26.5% in the second quarter. Epoch Investment Partners Inc. now owns 158,296 shares of the asset manager’s stock worth $31,564,000 after purchasing an additional 33,186 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Diamond Hill Investment Group by 7.7% in the second quarter. Vanguard Group Inc. now owns 144,213 shares of the asset manager’s stock worth $28,756,000 after purchasing an additional 10,289 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in Diamond Hill Investment Group by 7.5% in the second quarter. Renaissance Technologies LLC now owns 84,700 shares of the asset manager’s stock worth $16,889,000 after purchasing an additional 5,900 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Diamond Hill Investment Group by 4.7% in the third quarter. Dimensional Fund Advisors LP now owns 84,649 shares of the asset manager’s stock worth $17,975,000 after purchasing an additional 3,816 shares during the last quarter. Institutional investors own 60.95% of the company’s stock.

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Diamond Hill Investment Group Company Profile

Diamond Hill Investment Group, Inc provides investment advisory and fund administration services. The Company’s subsidiaries include Diamond Hill Capital Management, Inc (DHCM), Beacon Hill Fund Services, Inc (BHFS) and BHIL Distributors, Inc (BHIL). The Company’s primary objective is to fulfill its fiduciary duty to clients.

Insider Buying and Selling by Quarter for Diamond Hill Investment Group (NASDAQ:DHIL)

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