Diamond Hill Capital Reduces Stake in Berkshire Hathaway

Diamond Hill Capital Management Inc, managed by Ric Dillon, recently executed a significant transaction involving Berkshire Hathaway B (($BRK.B)). The hedge fund reduced its position by 33,004 shares.

Spark’s Take on BRK.B Stock

According to Spark, TipRanks’ AI Analyst, BRK.B is a Outperform.

Berkshire Hathaway B’s strong financial performance and robust balance sheet underpin its stock score. While the technical analysis indicates mixed signals with short-term bearishness, the long-term trend remains positive. The valuation is reasonable, enhancing its attractiveness, although the lack of a dividend yield is a consideration. Overall, the company shows stability and resilience, making it a solid choice for investors prioritizing financial strength and long-term growth potential.

To see Spark’s full report on BRK.B stock, click here.

More about Berkshire Hathaway B

YTD Price Performance: 13.78%

Average Trading Volume: 5,426,925

Current Market Cap: $1118.4B