Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) Director James F. Laird, Jr. sold 760 shares of the stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $207.47, for a total transaction of $157,677.20. Following the completion of the transaction, the director now directly owns 34,302 shares of the company’s stock, valued at approximately $7,116,635.94. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Diamond Hill Investment Group, Inc. (NASDAQ DHIL) traded up $0.11 during mid-day trading on Thursday, hitting $208.85. 6,600 shares of the stock traded hands, compared to its average volume of 10,775. The company has a market capitalization of $724.17, a P/E ratio of 13.89 and a beta of 0.95. Diamond Hill Investment Group, Inc. has a 12-month low of $182.50 and a 12-month 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 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 disclosed a dividend, which was paid on Monday, December 11th. Stockholders of record on Friday, December 1st were given a dividend of $7.00 per share. The ex-dividend date was Thursday, November 30th.

Institutional investors and hedge funds have recently bought and sold shares of the company. Parametric Portfolio Associates LLC acquired a new stake in shares of Diamond Hill Investment Group during the second quarter worth $225,000. Rational Advisors LLC acquired a new stake in Diamond Hill Investment Group in the second quarter worth $279,000. Principal Financial Group Inc. acquired a new stake in Diamond Hill Investment Group in the second quarter worth $297,000. Stifel Financial Corp grew its holdings in Diamond Hill Investment Group by 2.9% in the second quarter. Stifel Financial Corp now owns 1,533 shares of the asset manager’s stock worth $306,000 after purchasing an additional 43 shares during the period. Finally, Voya Investment Management LLC grew its holdings in Diamond Hill Investment Group by 14.9% in the second quarter. Voya Investment Management LLC now owns 1,564 shares of the asset manager’s stock worth $312,000 after purchasing an additional 203 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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