James F. Laird, Jr. Sells 500 Shares of Diamond Hill Investment Group, Inc. (DHIL) Stock

Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) Director James F. Laird, Jr. sold 500 shares of the business’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $208.05, for a total transaction of $104,025.00. Following the completion of the sale, the director now owns 34,302 shares in the company, valued at approximately $7,136,531.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Diamond Hill Investment Group, Inc. (NASDAQ DHIL) opened at $208.64 on Tuesday. Diamond Hill Investment Group, Inc. has a 1 year low of $182.50 and a 1 year high of $219.90. The firm has a market cap of $717.23, a price-to-earnings ratio of 13.76 and a beta of 0.95.

Diamond Hill Investment Group (NASDAQ:DHIL) last announced its quarterly earnings results on Thursday, October 26th. The asset manager reported $3.67 earnings per share 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 firm also recently declared a dividend, which was paid on Monday, December 11th. Investors of record on Friday, December 1st were given a $7.00 dividend. The ex-dividend date was Thursday, November 30th.

A number of institutional investors and hedge funds have recently made changes to their positions in DHIL. Wells Fargo & Company MN boosted its stake in Diamond Hill Investment Group by 0.5% during the third quarter. Wells Fargo & Company MN now owns 193,198 shares of the asset manager’s stock worth $41,025,000 after buying an additional 1,002 shares during the period. Epoch Investment Partners Inc. boosted its stake in Diamond Hill Investment Group by 26.5% during the second quarter. Epoch Investment Partners Inc. now owns 158,296 shares of the asset manager’s stock worth $31,564,000 after buying an additional 33,186 shares during the period. Vanguard Group Inc. boosted its stake in Diamond Hill Investment Group by 7.7% during the second quarter. Vanguard Group Inc. now owns 144,213 shares of the asset manager’s stock worth $28,756,000 after buying an additional 10,289 shares during the period. Renaissance Technologies LLC boosted its stake in Diamond Hill Investment Group by 7.5% during the second quarter. Renaissance Technologies LLC now owns 84,700 shares of the asset manager’s stock worth $16,889,000 after buying an additional 5,900 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in Diamond Hill Investment Group by 4.7% during the third quarter. Dimensional Fund Advisors LP now owns 84,649 shares of the asset manager’s stock worth $17,975,000 after buying an additional 3,816 shares during the period. Institutional investors own 61.00% 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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