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% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 19,534 shares of the asset manager’s stock after acquiring an additional 615 shares during the quarter. BCGM Wealth Management LLC’s holdings in Diamond Hill Investment Group were worth $3,030,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. R Squared Ltd bought a new stake in Diamond Hill Investment Group during the fourth quarter worth about $54,000. Frazier Financial Advisors LLC bought a new stake in shares of Diamond Hill Investment Group during the 3rd quarter worth approximately $76,000. Western Pacific Wealth Management LP acquired a new stake in shares of Diamond Hill Investment Group during the 3rd quarter worth approximately $81,000. FMR LLC increased its stake in Diamond Hill Investment Group by 268.4% in the third quarter. FMR LLC now owns 1,223 shares of the asset manager’s stock valued at $198,000 after acquiring an additional 891 shares during the last quarter. Finally, Janus Henderson Group PLC acquired a new position in Diamond Hill Investment Group during the third quarter valued at approximately $217,000. 65.50% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Richard Scott Cooley purchased 1,000 shares of the company’s stock in a transaction dated Friday, December 20th. The stock was bought at an average cost 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 approximately $1,429,170.75. The trade was a 11.92 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 3.50% of the stock is currently owned by corporate insiders.

Diamond Hill Investment Group Stock Down 1.2 %

Diamond Hill Investment Group stock opened at $146.20 on Monday. The stock has a market cap of $398.10 million, a PE ratio of 8.28 and a beta of 1.02. Diamond Hill Investment Group, Inc. has a 12-month low of $135.44 and a 12-month high of $173.25. The business’s 50-day moving average price is $150.31 and its two-hundred day moving average price is $156.19.

Wall Street Analysts Forecast Growth

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

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.