BCGM Wealth Management LLC Has $3.03 Million Stock Holdings in Diamond Hill Investment Group, Inc. (NASDAQ:DHIL)

BCGM Wealth Management LLC grew its stake in shares of Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) by 3.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,534 shares of the asset manager’s stock after purchasing an additional 615 shares during the quarter. BCGM Wealth Management LLC owned about 0.72% of Diamond Hill Investment Group worth $3,030,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in DHIL. Creative Planning bought a new position in shares of Diamond Hill Investment Group in the third quarter valued at $354,000. Assenagon Asset Management S.A. grew its position in shares of Diamond Hill Investment Group by 369.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 16,559 shares of the asset manager’s stock valued at $2,676,000 after acquiring an additional 13,035 shares during the period. Western Pacific Wealth Management LP acquired a new position in shares of Diamond Hill Investment Group during the 3rd quarter worth about $81,000. Victory Capital Management Inc. raised its holdings in shares of Diamond Hill Investment Group by 4.3% in the 3rd quarter. Victory Capital Management Inc. now owns 7,322 shares of the asset manager’s stock valued at $1,183,000 after purchasing an additional 302 shares during the period. Finally, Royce & Associates LP lifted its stake in Diamond Hill Investment Group by 0.3% in the 3rd quarter. Royce & Associates LP now owns 166,746 shares of the asset manager’s stock valued at $26,948,000 after purchasing an additional 500 shares during the last quarter. Institutional investors own 65.50% of the company’s stock.

Wall Street Analyst Weigh In

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.

Diamond Hill Investment Group Trading Down 1.2 %

DHIL opened at $146.20 on Monday. The stock’s fifty day simple moving average is $150.31 and its 200 day simple moving average is $156.19. Diamond Hill Investment Group, Inc. has a 1-year low of $135.44 and a 1-year high of $173.25. The stock has a market cap of $398.10 million, a PE ratio of 8.28 and a beta of 1.02.

Insider Buying and Selling at Diamond Hill Investment Group

In other news, Director Richard Scott Cooley acquired 1,000 shares of Diamond Hill Investment Group stock in a transaction dated Friday, December 20th. The stock was bought at an average price of $152.25 per share, for a total transaction of $152,250.00. Following the completion of the acquisition, the director now directly owns 9,387 shares in the company, valued at approximately $1,429,170.75. The trade was a 11.92 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 3.50% of the company’s stock.

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.