Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) posted its quarterly earnings data on Thursday, October 26th. The asset manager reported $3.67 earnings per share for the quarter, Bloomberg Earnings reports. 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%.
Shares of Diamond Hill Investment Group (NASDAQ DHIL) opened at $206.88 on Friday. Diamond Hill Investment Group has a 52-week low of $180.48 and a 52-week high of $219.90. The company has a market capitalization of $717.73, a PE ratio of 13.76 and a beta of 0.95.
In other Diamond Hill Investment Group news, Director James F. Laird, Jr. sold 2,500 shares of Diamond Hill Investment Group stock in a transaction dated 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 owns 35,062 shares of the company’s stock, valued at approximately $7,472,413.44. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 7.30% of the company’s stock.
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Separately, BidaskClub cut Diamond Hill Investment Group from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th.
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.
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