News coverage about Diamond Hill Investment Group (NASDAQ:DHIL) has trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Diamond Hill Investment Group earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned news stories about the asset manager an impact score of 43.5832164435536 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Separately, BidaskClub downgraded Diamond Hill Investment Group from a “hold” rating to a “sell” rating in a report on Tuesday.
Shares of Diamond Hill Investment Group (DHIL) opened at $212.63 on Friday. The stock has a market capitalization of $737.67, a PE ratio of 14.16 and a beta of 0.94. Diamond Hill Investment Group has a fifty-two week low of $182.50 and a fifty-two week high of $219.90.
Diamond Hill Investment Group (NASDAQ:DHIL) last posted its quarterly earnings data on Thursday, October 26th. The asset manager reported $3.67 earnings per share for the quarter. Diamond Hill Investment Group had a return on equity of 31.76% and a net margin of 35.08%. The company had revenue of $36.77 million during the quarter.
In other news, Director James F. Laird, Jr. sold 3,509 shares of the firm’s stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $207.13, for a total value of $726,819.17. Following the completion of the sale, the director now directly owns 29,800 shares of the company’s stock, valued at $6,172,474. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Roderick H. Dillon, Jr. sold 2,127 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $215.46, for a total value of $458,283.42. Following the completion of the sale, the director now directly owns 93,213 shares of the company’s stock, valued at $20,083,672.98. The disclosure for this sale can be found here. Insiders have sold 21,179 shares of company stock valued at $4,524,228 over the last three months. Insiders own 7.30% 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.
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