AQR Capital Management LLC Has $4.34 Million Holdings in Diamond Hill Investment Group, Inc. (NASDAQ:DHIL)

AQR Capital Management LLC boosted its holdings in Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) by 18.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,826 shares of the asset manager’s stock after purchasing an additional 4,779 shares during the quarter. AQR Capital Management LLC owned 1.11% of Diamond Hill Investment Group worth $4,339,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Rhumbline Advisers raised its position in shares of Diamond Hill Investment Group by 1.7% in the second quarter. Rhumbline Advisers now owns 4,099 shares of the asset manager’s stock valued at $577,000 after buying an additional 69 shares in the last quarter. Inspire Investing LLC raised its holdings in Diamond Hill Investment Group by 6.6% in the 2nd quarter. Inspire Investing LLC now owns 2,510 shares of the asset manager’s stock valued at $353,000 after acquiring an additional 156 shares in the last quarter. Dean Capital Management lifted its position in shares of Diamond Hill Investment Group by 2.3% during the 4th quarter. Dean Capital Management now owns 9,616 shares of the asset manager’s stock valued at $1,592,000 after acquiring an additional 212 shares during the period. Los Angeles Capital Management LLC increased its position in shares of Diamond Hill Investment Group by 1.7% in the second quarter. Los Angeles Capital Management LLC now owns 16,321 shares of the asset manager’s stock worth $2,297,000 after purchasing an additional 280 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its stake in Diamond Hill Investment Group by 76.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 741 shares of the asset manager’s stock valued at $104,000 after purchasing an additional 320 shares in the last quarter. Institutional investors own 65.50% of the company’s stock.

Insider Transactions at Diamond Hill Investment Group

In related news, Director L’quentus Thomas sold 250 shares of the firm’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $161.64, for a total value of $40,410.00. Following the sale, the director now directly owns 1,858 shares of the company’s stock, valued at $300,327.12. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, Director L’quentus Thomas sold 250 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $161.64, for a total transaction of $40,410.00. Following the completion of the transaction, the director now directly owns 1,858 shares in the company, valued at $300,327.12. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James F. Laird, Jr. sold 3,000 shares of the stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $150.20, for a total transaction of $450,600.00. Following the completion of the transaction, the director now directly owns 25,000 shares of the company’s stock, valued at approximately $3,755,000. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 3.50% of the stock is owned by insiders.

Diamond Hill Investment Group Stock Up 0.6 %

DHIL opened at $156.99 on Friday. The stock has a market capitalization of $435.33 million, a price-to-earnings ratio of 10.64 and a beta of 0.99. Diamond Hill Investment Group, Inc. has a twelve month low of $135.44 and a twelve month high of $173.98. The company has a 50-day simple moving average of $156.07 and a 200 day simple moving average of $152.09.

Diamond Hill Investment Group (NASDAQ:DHIL) last issued its quarterly earnings results on Wednesday, July 31st. The asset manager reported $2.88 earnings per share for the quarter. The company had revenue of $36.66 million during the quarter. Diamond Hill Investment Group had a net margin of 28.97% and a return on equity of 19.58%.

Diamond Hill Investment Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Thursday, August 29th were paid a $1.50 dividend. The ex-dividend date of this dividend was Thursday, August 29th. This represents a $6.00 annualized dividend and a dividend yield of 3.82%. Diamond Hill Investment Group’s payout ratio is 40.65%.

Diamond Hill Investment Group Company 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.