Diamond Hill Investment Group, Inc. (DHIL) Releases Quarterly Earnings Results
Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) announced its quarterly earnings results on Thursday. The asset manager reported $3.67 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Diamond Hill Investment Group had a net margin of 36.52% and a return on equity of 34.36%. The company had revenue of $36.77 million during the quarter.
Shares of Diamond Hill Investment Group (NASDAQ:DHIL) traded up 3.06% during trading on Friday, hitting $218.47. 8,075 shares of the stock traded hands. Diamond Hill Investment Group has a 52 week low of $170.00 and a 52 week high of $219.90. The company has a market cap of $711.56 million, a price-to-earnings ratio of 14.30 and a beta of 0.95. The firm’s 50-day moving average price is $207.23 and its 200-day moving average price is $200.46.
In other Diamond Hill Investment Group news, Director James F. Laird, Jr. sold 2,500 shares of the company’s stock in a transaction on Friday, September 29th. The stock was sold at an average price of $213.12, for a total value of $532,800.00. Following the sale, the director now directly owns 35,062 shares in the company, valued at $7,472,413.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 7.30% of the company’s stock.
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.
Receive News & Ratings for Diamond Hill Investment Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diamond Hill Investment Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.