Diamond Hill Investment Group director acquires $72,000 in shares

In a recent transaction reported to the Securities and Exchange Commission, Richard Scott Cooley, a director at Diamond Hill Investment Group Inc. (NASDAQ:DHIL), purchased 500 shares of the company’s common stock. The acquisition, which took place on March 12, 2025, was executed at a price of $144 per share, totaling $72,000. The purchase comes as InvestingPro data shows the stock trading at an attractive P/E ratio of 9.2x, with management actively buying back shares.

Following this transaction, Cooley’s direct ownership in the company stands at 10,659 shares. The purchase reflects Cooley’s continued investment in Diamond Hill, a firm recognized for its investment advice services. With a solid 4.2% dividend yield, 18 consecutive years of dividend payments, and an overall "GOOD" financial health rating according to InvestingPro, the company appears undervalued based on its Fair Value analysis. Subscribers can access 3 additional ProTips and comprehensive financial metrics on the platform.

In other recent news, Diamond Hill Investment Group Inc. reported its asset management figures for February, revealing a total of $30.939 billion in assets under management (AUM), as per an 8-K filing with the Securities and Exchange Commission. The Diamond Hill Funds held the largest portion with $19.182 billion, followed by separately managed accounts at $6.180 billion, collective investment trusts at $1.696 billion, and other pooled vehicles at $3.881 billion. The firm’s Large Cap strategy accounted for the majority of the assets, totaling $17.861 billion. In comparison, the January report showed a slightly lower AUM of $30.837 billion, with Diamond Hill Funds at $18.785 billion and Large Cap strategies at $18.166 billion.

These figures illustrate Diamond Hill’s sustained growth and its strong position in the investment advisory market. The company continues to manage a diverse portfolio across various investment strategies, including Long-Short, Core Fixed Income, and Short Duration Securitized Bond. The consistent growth in AUM highlights the firm’s ability to attract and manage significant assets. The filings underscore Diamond Hill’s commitment to transparency and regulatory compliance, as noted by the signature of Chief Financial Officer and Treasurer Thomas E. Line on the January report.

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