Diamond Hill Investment Group Inc. (DHIL) Director James F. Laird, Jr. Sells 9,000 Shares of Stock
Diamond Hill Investment Group Inc. (NASDAQ:DHIL) Director James F. Laird, Jr. sold 9,000 shares of the business’s stock in a transaction on Wednesday, November 16th. The stock was sold at an average price of $200.00, for a total transaction of $1,800,000.00. Following the transaction, the director now directly owns 49,562 shares in the company, valued at approximately $9,912,400. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Diamond Hill Investment Group Inc. (NASDAQ:DHIL) traded up 0.80% during trading on Friday, reaching $202.53. 16,079 shares of the company were exchanged. The company has a 50 day moving average price of $182.56 and a 200-day moving average price of $186.26. Diamond Hill Investment Group Inc. has a one year low of $140.98 and a one year high of $231.85. The stock has a market capitalization of $648.91 million, a price-to-earnings ratio of 15.66 and a beta of 0.98.
The company also recently declared a special dividend, which will be paid on Monday, December 12th. Shareholders of record on Friday, December 2nd will be given a dividend of $6.00 per share. The ex-dividend date is Wednesday, November 30th. This is an increase from Diamond Hill Investment Group’s previous special dividend of $5.00.
About Diamond Hill Investment Group
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). Its primary objective is to fulfill its fiduciary duty to clients.
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