Roderick H. Dillon, Jr. Sells 6,759 Shares of Diamond Hill Investment Group Inc. (DHIL) Stock
Diamond Hill Investment Group Inc. (NASDAQ:DHIL) Director Roderick H. Dillon, Jr. sold 6,759 shares of the firm’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $203.04, for a total value of $1,372,347.36. Following the transaction, the director now owns 122,623 shares in the company, valued at approximately $24,897,373.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Diamond Hill Investment Group Inc. (NASDAQ:DHIL) traded up 4.84% during trading on Tuesday, hitting $211.79. The stock had a trading volume of 20,100 shares. The stock has a market cap of $678.58 million, a price-to-earnings ratio of 16.38 and a beta of 0.98. Diamond Hill Investment Group Inc. has a 12 month low of $140.98 and a 12 month high of $231.85. The company’s 50 day moving average price is $183.59 and its 200 day moving average price is $186.75.
The company also recently declared a special dividend, which will be paid on Monday, December 12th. Investors of record on Friday, December 2nd will be given a dividend of $6.00 per share. This is a boost from Diamond Hill Investment Group’s previous special dividend of $5.00. The ex-dividend date is Wednesday, November 30th.
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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