Media headlines about Diamond Hill Investment Group (NASDAQ:DHIL) have been trending positive recently, according to AlphaOne Sentiment Analysis. The research group, a unit of Accern, identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Diamond Hill Investment Group earned a media sentiment score of 0.41 on AlphaOne’s scale. AlphaOne also gave news headlines about the asset manager an impact score of 40 out of 100, indicating that recent press coverage is unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Diamond Hill Investment Group (NASDAQ DHIL) traded down 1.54% during midday trading on Friday, hitting $203.85. 19,178 shares of the stock traded hands. The firm has a market capitalization of $660.68 million, a PE ratio of 14.09 and a beta of 1.01. The company’s 50-day moving average is $202.29 and its 200 day moving average is $201.48. Diamond Hill Investment Group has a 52 week low of $170.00 and a 52 week high of $217.68.
Diamond Hill Investment Group (NASDAQ:DHIL) last released its quarterly earnings data on Wednesday, April 26th. The asset manager reported $3.71 earnings per share for the quarter. Diamond Hill Investment Group had a net margin of 35.19% and a return on equity of 34.85%. The firm had revenue of $35.13 million during the quarter. Analysts anticipate that Diamond Hill Investment Group will post $3.28 earnings per share for the current year.
In other Diamond Hill Investment Group news, COO Lisa M. Wesolek sold 143 shares of the company’s stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $206.50, for a total transaction of $29,529.50. Following the completion of the sale, the chief operating officer now directly owns 24,508 shares of the company’s stock, valued at $5,060,902. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director James F. Laird, Jr. sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, March 31st. The shares were sold at an average price of $192.03, for a total transaction of $288,045.00. Following the sale, the director now directly owns 45,862 shares of the company’s stock, valued at $8,806,879.86. The disclosure for this sale can be found here. Insiders have sold 23,158 shares of company stock valued at $4,702,671 over the last three months. 7.30% of the stock is owned by corporate insiders.
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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.
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