U.S. Markets open in 6 hrs 46 mins

Diamond Hill Investment Group posts 4Q profit

COLUMBUS, Ohio (AP) _ Diamond Hill Investment Group Inc. (DHIL) on Thursday reported fourth-quarter earnings of $13.6 million.

The Columbus, Ohio-based company said it had earnings of $3.99 per share.

The investment company posted revenue of $40 million in the period.

For the year, the company reported profit of $46.1 million, or $13.49 per share. Revenue was reported as $136.1 million.

Diamond Hill Investment Group shares have dropped slightly more than 2 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $205.44, a rise of 16 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DHIL at https://www.zacks.com/ap/DHIL

_____

Keywords: Diamond Hill Investment Group, Earnings Report