Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) Director Roderick H. Dillon, Jr. sold 2,127 shares of the firm’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $215.46, for a total transaction 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) traded up $0.28 during trading hours on Friday, hitting $211.34. 11,918 shares of the stock traded hands, compared to its average volume of 10,930. Diamond Hill Investment Group, Inc. has a 12-month low of $182.50 and a 12-month high of $219.90. The stock has a market cap of $732.22, a PE ratio of 14.04 and a beta of 0.95.

Diamond Hill Investment Group (NASDAQ:DHIL) last issued 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 firm also recently declared a dividend, which will be paid on Monday, December 11th. Investors of record on Friday, December 1st will be given a dividend of $7.00 per share. The ex-dividend date of this dividend is Thursday, November 30th.

A number of hedge funds and other institutional investors have recently modified their holdings of DHIL. Tdam USA Inc. lifted its position in Diamond Hill Investment Group by 30.6% during the 2nd quarter. Tdam USA Inc. now owns 5,117 shares of the asset manager’s stock valued at $1,020,000 after acquiring an additional 1,198 shares during the period. Schwab Charles Investment Management Inc. lifted its position in Diamond Hill Investment Group by 0.5% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 11,778 shares of the asset manager’s stock valued at $2,349,000 after acquiring an additional 57 shares during the period. Rational Advisors LLC purchased a new position in Diamond Hill Investment Group during the 2nd quarter valued at about $279,000. SG Americas Securities LLC purchased a new position in Diamond Hill Investment Group during the 2nd quarter valued at about $446,000. Finally, Victory Capital Management Inc. lifted its position in Diamond Hill Investment Group by 4.8% during the 2nd quarter. Victory Capital Management Inc. now owns 5,462 shares of the asset manager’s stock valued at $1,089,000 after acquiring an additional 250 shares during the period. 60.97% 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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