Diamond Hill Investment Group, Inc. (DHIL) Director James F. Laird, Jr. Sells 3,509 Shares

Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) Director James F. Laird, Jr. sold 3,509 shares of the business’s stock in a transaction 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 transaction, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Diamond Hill Investment Group, Inc. (NASDAQ DHIL) opened at $207.80 on Friday. Diamond Hill Investment Group, Inc. has a 1-year low of $182.50 and a 1-year high of $219.90. The stock has a market cap of $720.91, a price-to-earnings ratio of 13.83 and a beta of 0.94.

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 (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 during the quarter.

The company also recently declared a dividend, which was paid on Monday, December 11th. Stockholders of record on Friday, December 1st were issued a dividend of $7.00 per share. The ex-dividend date of this dividend was Thursday, November 30th.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Grandeur Peak Global Advisors LLC lifted its holdings in Diamond Hill Investment Group by 1.9% in the third quarter. Grandeur Peak Global Advisors LLC now owns 27,175 shares of the asset manager’s stock worth $5,771,000 after purchasing an additional 500 shares during the period. OxFORD Asset Management LLP lifted its holdings in Diamond Hill Investment Group by 107.7% in the third quarter. OxFORD Asset Management LLP now owns 7,557 shares of the asset manager’s stock worth $1,622,000 after purchasing an additional 3,918 shares during the period. Dimensional Fund Advisors LP lifted 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 period. Schwab Charles Investment Management Inc. lifted its holdings in Diamond Hill Investment Group by 20.4% in the third quarter. Schwab Charles Investment Management Inc. now owns 14,186 shares of the asset manager’s stock worth $3,013,000 after purchasing an additional 2,408 shares during the period. Finally, Wells Fargo & Company MN lifted 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 period. 60.95% of the stock is owned by institutional investors.

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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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