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COLUMBUS, Ohio—Richard Scott Cooley, a director at Diamond Hill Investment Group Inc. (NASDAQ:DHIL), recently acquired 500 shares of the company’s common stock. The purchase, executed on March 5, 2025, was made at a price of $146 per share, totaling $73,000. According to InvestingPro data, this insider purchase aligns with broader management confidence, as the company maintains a healthy 4.07% dividend yield and trades at an attractive P/E ratio of 9.37.
Following this transaction, Cooley holds a total of 10,159 shares in the investment firm. Diamond Hill Investment Group, headquartered in Columbus (WA:CLC), Ohio, is known for providing investment advice and managing various investment strategies. With a market capitalization of $411 million and an overall financial health rating of "GOOD" from InvestingPro, the company has maintained dividend payments for 18 consecutive years. Additional insights and metrics are available through an InvestingPro subscription.
In other recent news, Diamond Hill Investment Group Inc. disclosed its asset management growth figures for both January and February 2025. As of February 28, the company reported $30.939 billion in assets under management (AUM), according to an 8-K filing with the Securities and Exchange Commission. This represents an increase from the $30.837 billion in AUM reported at the end of January. The Diamond Hill Funds accounted for the largest portion of assets, totaling $19.182 billion in February, up from $18.785 billion in January. Separately managed accounts and other pooled vehicles also saw changes in their allocations over the two months. The firm’s Large Cap strategy remains dominant, with $17.861 billion in assets as of February, slightly down from $18.166 billion in January. The filings highlight the company’s continued presence in the investment advisory market, with a diverse portfolio across various strategies. These developments underscore Diamond Hill’s ability to manage significant assets effectively.
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