Diamond Hill Funding Group, Inc. (NASDAQ:DHIL) Brief Curiosity Replace
Diamond Hill Funding Group, Inc. (NASDAQ:DHIL – Get Ranking) noticed a big lower in brief curiosity in the course of the month of December. As of December fifteenth, there was brief curiosity totalling 32,700 shares, a lower of twenty-two.7% from the November thirtieth whole of 42,300 shares. Based mostly on a median every day quantity of 11,500 shares, the short-interest ratio is presently 2.8 days. Roughly 1.1% of the shares of the inventory are offered brief.
Wall Avenue Analyst Weigh In
Individually, StockNews.com started protection on Diamond Hill Funding Group in a report on Wednesday, October twelfth. They set a “purchase” ranking on the inventory.
Diamond Hill Funding Group Inventory Up 3.1 %
Diamond Hill Funding Group inventory opened at $185.02 on Friday. The enterprise’s 50-day easy shifting common is $180.94 and its 200 day easy shifting common is $176.86. The inventory has a market cap of $558.76 million, a price-to-earnings ratio of 13.37 and a beta of 0.98. Diamond Hill Funding Group has a 12-month low of $160.00 and a 12-month excessive of $213.50.
Diamond Hill Funding Group (NASDAQ:DHIL – Get Ranking) final posted its quarterly earnings outcomes on Wednesday, October twenty sixth. The asset supervisor reported $3.55 earnings per share (EPS) for the quarter. The enterprise had income of $38.27 million for the quarter. Diamond Hill Funding Group had a return on fairness of 30.69% and a web margin of 26.79%.
Diamond Hill Funding Group Will increase Dividend
The corporate additionally lately declared a quarterly dividend, which was paid on Friday, December ninth. Traders of file on Friday, November twenty fifth had been issued a $5.50 dividend. This can be a enhance from Diamond Hill Funding Group’s earlier quarterly dividend of $1.50. The ex-dividend date of this dividend was Wednesday, November twenty third. This represents a $22.00 annualized dividend and a yield of 11.89%. Diamond Hill Funding Group’s dividend payout ratio (DPR) is presently 43.35%.
Insider Transactions at Diamond Hill Funding Group
In different information, CFO Thomas Edward Line offered 1,500 shares of the inventory in a transaction on Monday, November 14th. The inventory was offered at a median value of $182.36, for a complete transaction of $273,540.00. Following the sale, the chief monetary officer now owns 18,387 shares within the firm, valued at $3,353,053.32. The sale was disclosed in a doc filed with the Securities & Change Fee, which is out there by means of the SEC web site. Firm insiders personal 3.50% of the corporate’s inventory.
Hedge Funds Weigh In On Diamond Hill Funding Group
A number of hedge funds have lately added to or decreased their stakes in DHIL. Swiss Nationwide Financial institution lifted its stake in Diamond Hill Funding Group by 6.0% within the first quarter. Swiss Nationwide Financial institution now owns 7,054 shares of the asset supervisor’s inventory valued at $1,321,000 after shopping for a further 400 shares in the course of the interval. Financial institution of New York Mellon Corp lifted its stake in Diamond Hill Funding Group by 1.3% within the first quarter. Financial institution of New York Mellon Corp now owns 19,652 shares of the asset supervisor’s inventory valued at $3,681,000 after shopping for a further 248 shares in the course of the interval. American Century Corporations Inc. lifted its stake in Diamond Hill Funding Group by 26.0% within the first quarter. American Century Corporations Inc. now owns 12,949 shares of the asset supervisor’s inventory valued at $2,425,000 after shopping for a further 2,675 shares in the course of the interval. MetLife Funding Administration LLC lifted its stake in Diamond Hill Funding Group by 49.7% within the first quarter. MetLife Funding Administration LLC now owns 1,582 shares of the asset supervisor’s inventory valued at $296,000 after shopping for a further 525 shares in the course of the interval. Lastly, Sei Investments Co. lifted its stake in Diamond Hill Funding Group by 30.7% within the first quarter. Sei Investments Co. now owns 2,907 shares of the asset supervisor’s inventory valued at $540,000 after shopping for a further 682 shares in the course of the interval. Institutional traders and hedge funds personal 62.83% of the corporate’s inventory.
Diamond Hill Funding Group Firm Profile
Diamond Hill Funding Group, Inc, by means of its subsidiary, Diamond Hill Capital Administration, Inc, supplies funding advisory and fund administration providers in america. It sponsors, distributes, and gives funding advisory and associated providers to its purchasers by means of pooled funding autos, together with the Diamond Hill Funds, individually managed accounts, and mannequin supply applications.
Additional Studying
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