1,781 Shares in Diamond Hill Investment Group, Inc. (DHIL) Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd bought a new stake in shares of Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,781 shares of the asset manager’s stock, valued at approximately $355,000. Dynamic Technology Lab Private Ltd owned about 0.05% of Diamond Hill Investment Group as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DHIL. The Manufacturers Life Insurance Company grew its position in Diamond Hill Investment Group by 1.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,438 shares of the asset manager’s stock valued at $486,000 after acquiring an additional 32 shares during the last quarter. Stifel Financial Corp grew its position in shares of Diamond Hill Investment Group by 2.9% during the 2nd quarter. Stifel Financial Corp now owns 1,533 shares of the asset manager’s stock worth $306,000 after buying an additional 43 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in shares of Diamond Hill Investment Group by 0.5% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 11,778 shares of the asset manager’s stock worth $2,349,000 after buying an additional 57 shares in the last quarter. Voya Investment Management LLC grew its position in shares of Diamond Hill Investment Group by 14.9% during the 2nd quarter. Voya Investment Management LLC now owns 1,564 shares of the asset manager’s stock worth $312,000 after buying an additional 203 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in shares of Diamond Hill Investment Group by 4.8% during the 2nd quarter. Victory Capital Management Inc. now owns 5,462 shares of the asset manager’s stock worth $1,089,000 after buying an additional 250 shares in the last quarter. 61.25% of the stock is currently owned by hedge funds and other institutional investors.

Diamond Hill Investment Group, Inc. (DHIL) traded down $0.81 on Friday, hitting $206.88. The stock had a trading volume of 16,500 shares, compared to its average volume of 10,649. The company has a market cap of $714.92, a P/E ratio of 13.82 and a beta of 0.94. Diamond Hill Investment Group, Inc. has a fifty-two week low of $180.48 and a fifty-two week high of $219.90.

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

In related news, Director James F. Laird, Jr. sold 2,500 shares of the company’s stock in a transaction on Friday, September 29th. The stock was sold at an average price of $213.12, for a total transaction of $532,800.00. Following the completion of the sale, the director now directly owns 35,062 shares in the company, valued at approximately $7,472,413.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 7.30% of the company’s stock.

Separately, BidaskClub downgraded Diamond Hill Investment Group from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th.

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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.

Institutional Ownership by Quarter for Diamond Hill Investment Group (NASDAQ:DHIL)

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