Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) Shares Acquired by Evergreen Wealth Management LLC

Evergreen Wealth Management LLC grew its stake in Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) by 2.7% in the fourth quarter, Holdings Channel reports. The fund owned 27,179 shares of the asset manager’s stock after purchasing an additional 725 shares during the period. Diamond Hill Investment Group accounts for about 2.5% of Evergreen Wealth Management LLC’s portfolio, making the stock its 14th largest holding. Evergreen Wealth Management LLC’s holdings in Diamond Hill Investment Group were worth $4,216,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Legato Capital Management LLC increased its stake in shares of Diamond Hill Investment Group by 5.8% in the 4th quarter. Legato Capital Management LLC now owns 10,441 shares of the asset manager’s stock worth $1,619,000 after acquiring an additional 571 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Diamond Hill Investment Group during the 4th quarter worth about $527,000. R Squared Ltd acquired a new stake in shares of Diamond Hill Investment Group during the 4th quarter worth about $54,000. DGS Capital Management LLC acquired a new stake in shares of Diamond Hill Investment Group during the 4th quarter worth about $240,000. Finally, SG Americas Securities LLC increased its position in shares of Diamond Hill Investment Group by 23.4% during the 4th quarter. SG Americas Securities LLC now owns 2,244 shares of the asset manager’s stock worth $348,000 after purchasing an additional 426 shares during the last quarter. 65.50% of the stock is owned by institutional investors and hedge funds.

Diamond Hill Investment Group Trading Up 0.6 %

Shares of NASDAQ:DHIL opened at $147.85 on Monday. The company has a market capitalization of $402.15 million, a price-to-earnings ratio of 8.37 and a beta of 1.02. The business has a 50-day moving average price of $151.63 and a 200 day moving average price of $156.30. Diamond Hill Investment Group, Inc. has a 12-month low of $135.44 and a 12-month high of $173.25.

Analyst Ratings Changes

Separately, StockNews.com raised Diamond Hill Investment Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, November 6th.

Insider Buying and Selling at Diamond Hill Investment Group

In related news, Director Richard Scott Cooley acquired 1,000 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was acquired at an average price of $152.25 per share, for a total transaction of $152,250.00. Following the purchase, the director now owns 9,387 shares of the company’s stock, valued at $1,429,170.75. This represents a 11.92 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James F. Laird, Jr. sold 6,000 shares of Diamond Hill Investment Group stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $170.26, for a total value of $1,021,560.00. Following the completion of the transaction, the director now owns 13,000 shares of the company’s stock, valued at $2,213,380. The trade was a 31.58 % decrease in their position. The disclosure for this sale can be found here. 3.50% of the stock is currently owned by corporate insiders.

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.