Diamond Hill Investment Group, Inc. $DHIL Shares Sold by Koss Olinger Consulting LLC

Koss Olinger Consulting LLC lowered its position in shares of Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) by 7.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,927 shares of the asset manager’s stock after selling 304 shares during the period. Koss Olinger Consulting LLC owned approximately 0.14% of Diamond Hill Investment Group worth $571,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Diamond Hill Investment Group by 3.5% during the 1st quarter. Vanguard Group Inc. now owns 171,378 shares of the asset manager’s stock worth $24,480,000 after buying an additional 5,832 shares during the last quarter. Royce & Associates LP increased its holdings in shares of Diamond Hill Investment Group by 1.5% during the 1st quarter. Royce & Associates LP now owns 169,256 shares of the asset manager’s stock worth $24,177,000 after buying an additional 2,563 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Diamond Hill Investment Group by 23.5% during the 1st quarter. American Century Companies Inc. now owns 51,297 shares of the asset manager’s stock worth $7,327,000 after buying an additional 9,770 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Diamond Hill Investment Group by 69.4% during the 1st quarter. Millennium Management LLC now owns 48,739 shares of the asset manager’s stock worth $6,962,000 after buying an additional 19,962 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC increased its holdings in shares of Diamond Hill Investment Group by 3.3% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 44,035 shares of the asset manager’s stock worth $6,290,000 after buying an additional 1,420 shares during the last quarter. Institutional investors and hedge funds own 65.50% of the company’s stock.

Diamond Hill Investment Group Stock Up 0.1%

Shares of DHIL stock opened at $137.70 on Tuesday. Diamond Hill Investment Group, Inc. has a 52 week low of $122.32 and a 52 week high of $173.25. The stock has a market capitalization of $375.23 million, a PE ratio of 7.83 and a beta of 0.81. The firm has a 50 day moving average of $141.30 and a two-hundred day moving average of $141.59.

Diamond Hill Investment Group (NASDAQ:DHIL) last issued its quarterly earnings results on Tuesday, July 29th. The asset manager reported $2.86 EPS for the quarter. Diamond Hill Investment Group had a net margin of 31.71% and a return on equity of 21.38%. The company had revenue of $36.03 million during the quarter.

Insider Activity at Diamond Hill Investment Group

In other Diamond Hill Investment Group news, Director L’quentus Thomas sold 250 shares of the firm’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $141.10, for a total value of $35,275.00. Following the completion of the transaction, the director owned 2,534 shares of the company’s stock, valued at $357,547.40. This trade represents a 8.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Paula R. Meyer sold 350 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $141.80, for a total transaction of $49,630.00. Following the completion of the transaction, the director directly owned 3,763 shares of the company’s stock, valued at $533,593.40. This represents a 8.51% decrease in their position. The disclosure for this sale can be found here. Company insiders own 4.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Diamond Hill Investment Group in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Diamond Hill Investment Group from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Diamond Hill Investment Group Profile

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.