Diamond Hill Investment Group (DHIL) Earning Somewhat Favorable Press Coverage, Accern Reports
News stories about Diamond Hill Investment Group (NASDAQ:DHIL) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Diamond Hill Investment Group earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media headlines about the asset manager an impact score of 45.5385363905337 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Separately, BidaskClub lowered Diamond Hill Investment Group from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th.
Shares of Diamond Hill Investment Group (DHIL) remained flat at $214.18 during mid-day trading on Friday. 316 shares of the company’s stock traded hands. Diamond Hill Investment Group has a 12-month low of $170.00 and a 12-month high of $217.68. The company has a market cap of $697.58 million, a price-to-earnings ratio of 14.02 and a beta of 0.95. The firm’s 50 day moving average is $199.54 and its 200-day moving average is $198.27.
Diamond Hill Investment Group (NASDAQ:DHIL) last released its quarterly earnings data on Wednesday, July 26th. The asset manager reported $3.66 earnings per share (EPS) for the quarter. The business had revenue of $35.54 million during the quarter. Diamond Hill Investment Group had a net margin of 36.52% and a return on equity of 34.36%. Equities research analysts forecast that Diamond Hill Investment Group will post $3.28 EPS for the current year.
In related news, Director James F. Laird, Jr. sold 2,500 shares of the business’s stock in a transaction on Friday, September 29th. The shares were sold at an average price of $213.12, for a total value of $532,800.00. Following the completion of the sale, the director now directly owns 35,062 shares of the company’s stock, valued at $7,472,413.44. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 7.30% of the stock is currently owned by insiders.
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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