BNP Paribas Financial Markets Sells 548 Shares of Diamond Hill Investment Group, Inc. (NASDAQ:DHIL)

BNP Paribas Financial Markets lessened its position in shares of Diamond Hill Investment Group, Inc. (NASDAQ:DHILFree Report) by 20.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,108 shares of the asset manager’s stock after selling 548 shares during the quarter. BNP Paribas Financial Markets owned 0.07% of Diamond Hill Investment Group worth $349,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of DHIL. Victory Capital Management Inc. boosted its stake in shares of Diamond Hill Investment Group by 4.0% during the 3rd quarter. Victory Capital Management Inc. now owns 5,450 shares of the asset manager’s stock worth $919,000 after acquiring an additional 209 shares during the last quarter. Quantbot Technologies LP bought a new stake in Diamond Hill Investment Group during the third quarter valued at about $111,000. Gabelli Funds LLC increased its position in Diamond Hill Investment Group by 8.6% in the third quarter. Gabelli Funds LLC now owns 5,620 shares of the asset manager’s stock worth $947,000 after buying an additional 445 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Diamond Hill Investment Group by 17.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 37,275 shares of the asset manager’s stock worth $6,283,000 after buying an additional 5,532 shares during the period. Finally, BCGM Wealth Management LLC raised its stake in shares of Diamond Hill Investment Group by 4.4% in the third quarter. BCGM Wealth Management LLC now owns 16,661 shares of the asset manager’s stock worth $2,809,000 after buying an additional 702 shares during the period. Institutional investors own 65.50% of the company’s stock.

Insider Transactions at Diamond Hill Investment Group

In other Diamond Hill Investment Group news, Director Richard Scott Cooley bought 500 shares of the firm’s stock in a transaction that occurred on Monday, June 3rd. The shares were bought at an average price of $150.00 per share, with a total value of $75,000.00. Following the purchase, the director now owns 8,387 shares of the company’s stock, valued at $1,258,050. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director James F. Laird, Jr. sold 2,500 shares of the firm’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $158.40, for a total transaction of $396,000.00. Following the completion of the transaction, the director now directly owns 28,000 shares of the company’s stock, valued at $4,435,200. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Richard Scott Cooley purchased 500 shares of the firm’s stock in a transaction on Monday, June 3rd. The stock was bought at an average price of $150.00 per share, for a total transaction of $75,000.00. Following the purchase, the director now owns 8,387 shares in the company, valued at $1,258,050. The disclosure for this purchase can be found here. Corporate insiders own 4.80% of the company’s stock.

Diamond Hill Investment Group Trading Up 0.6 %

Shares of NASDAQ:DHIL opened at $150.97 on Wednesday. Diamond Hill Investment Group, Inc. has a 12-month low of $144.35 and a 12-month high of $188.28. The company has a market cap of $418.19 million, a PE ratio of 10.23 and a beta of 0.99. The stock has a 50 day moving average of $152.05 and a 200 day moving average of $156.43.

Diamond Hill Investment Group (NASDAQ:DHILGet Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The asset manager reported $3.00 earnings per share (EPS) for the quarter. Diamond Hill Investment Group had a net margin of 30.60% and a return on equity of 18.75%. The firm had revenue of $36.30 million during the quarter.

Diamond Hill Investment Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Monday, June 3rd will be given a $1.50 dividend. The ex-dividend date is Monday, June 3rd. This represents a $6.00 annualized dividend and a dividend yield of 3.97%. Diamond Hill Investment Group’s payout ratio is 40.65%.

About Diamond Hill Investment Group

(Free Report)

Diamond Hill Investment Group, Inc, through its subsidiary, Diamond Hill Capital Management, Inc, provides investment advisory and fund administration services in the United States. It offers investment advisory and related services to clients through pooled vehicles, such as private fund; separately managed accounts; collective investment trusts; and other pooled vehicles, including sub-advised funds and model delivery programs.

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Institutional Ownership by Quarter for Diamond Hill Investment Group (NASDAQ:DHIL)

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