NASDAQ:DHILDiamond Hill Investment Group Stock Price, Forecast & News

$106.98

-3.87 (-3.49 %)

(As of 05/29/2020 09:21 AM ET)

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Today's Range

$105.79

Now: $106.98▼

$112.00

50-Day Range

$89.92

MA: $102.11▼

$110.85

52-Week Range

$75.00

Now: $106.98▼

$150.00

Volume13,361 shs

Average Volume18,321 shs

Market Capitalization$346.62 million

P/E Ratio9.22

Dividend YieldN/A

Beta1.04

Diamond Hill Investment Group, Inc., together with its subsidiaries, provides investment advisory and fund administration services in the United States. It sponsors, distributes, and offers investment advisory and related services to a range of clients, such as corporations, mutual funds, retirement plans, public pension funds, endowments, foundations, financial institutions, and high net worth individuals. The company also provides fund administration services, including portfolio and regulatory compliance, treasury and financial oversight, and general business management and governance of the mutual fund complex, as well as oversight of back-office service providers, such as the custodian, fund accountant, and transfer agent. It offers investment advisory services to third-party financial intermediaries comprising independent registered investment advisors, brokers, financial planners, and wealth advisers; and fund administration services primarily to mutual funds, institutional accounts, and private investment funds. The company was founded in 1990 and is based in Columbus, Ohio.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Diamond Hill Investment Group.

2.4 Community Rank

Outperform Votes
Diamond Hill Investment Group has received 191 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Diamond Hill Investment Group has received 215 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Diamond Hill Investment Group has received 52.96% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Diamond Hill Investment Group and other stocks. Vote “Outperform” if you believe DHIL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DHIL will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Diamond Hill Investment Group does not currently pay a dividend.
Dividend Growth
Diamond Hill Investment Group does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Diamond Hill Investment Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $190,320.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 3.40% of the stock of Diamond Hill Investment Group is held by insiders.
Percentage Held by Institutions
52.64% of the stock of Diamond Hill Investment Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Diamond Hill Investment Group is 9.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of Diamond Hill Investment Group is 9.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.24.
Price to Book Value per Share Ratio
Diamond Hill Investment Group has a P/B Ratio of 1.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.53 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Investment advice

Sub-IndustryAsset Management & Custody Banks

SectorFinance

Current SymbolNASDAQ:DHIL

Previous Symbol

CUSIP25264R20

CIK909108

Webwww.diamond-hill.com

Phone614-255-3333

Debt

Debt-to-Equity RatioN/A

Current Ratio8.09

Quick Ratio8.09

Price-To-Earnings

Trailing P/E Ratio9.22

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$136.62 million

Price / Sales2.54

Cash Flow$11.81 per share

Price / Cash Flow9.06

Book Value$58.97 per share

Price / Book1.81

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$54.96 million

Net Margins29.09%

Return on Equity20.33%

Return on Assets15.16%

Miscellaneous

Employees125

Outstanding Shares3,240,000

Market Cap$346.62 million

Next Earnings Date7/29/2020 (Estimated)

OptionableNot Optionable

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Diamond Hill Investment Group (NASDAQ:DHIL) Frequently Asked Questions

How has Diamond Hill Investment Group's stock been impacted by COVID-19 (Coronavirus)?

Diamond Hill Investment Group's stock was trading at $108.28 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DHIL shares have decreased by 1.2% and is now trading at $106.98. View which stocks have been most impacted by Coronavirus.

When is Diamond Hill Investment Group's next earnings date?

Diamond Hill Investment Group is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Diamond Hill Investment Group.

How were Diamond Hill Investment Group's earnings last quarter?

Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) issued its earnings results on Monday, April, 27th. The asset manager reported $2.71 earnings per share for the quarter. The asset manager earned $31.93 million during the quarter. Diamond Hill Investment Group had a net margin of 29.09% and a return on equity of 20.33%. View Diamond Hill Investment Group's earnings history.

How often does Diamond Hill Investment Group pay dividends? What is the dividend yield for Diamond Hill Investment Group?

Diamond Hill Investment Group declared a dividend on Tuesday, October 29th. Investors of record on Monday, December 2nd will be paid a dividend of $9.00 per share on Tuesday, December 10th. The ex-dividend date is Friday, November 29th. This is a boost from Diamond Hill Investment Group's previous dividend of $8.00. View Diamond Hill Investment Group's dividend history.

Has Diamond Hill Investment Group been receiving favorable news coverage?

News stories about DHIL stock have trended extremely negative this week, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Diamond Hill Investment Group earned a coverage optimism score of -4.8 on InfoTrie's scale. They also assigned news articles about the asset manager a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutDiamond Hill Investment Group.

Who are some of Diamond Hill Investment Group's key competitors?

Some companies that are related to Diamond Hill Investment Group include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Eaton Vance (EV), Legg Mason (LM), Invesco (IVZ), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Main Street Capital (MAIN). View all competitors.

What other stocks do shareholders of Diamond Hill Investment Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Diamond Hill Investment Group investors own include Pfizer (PFE), Verizon Communications (VZ), Altria Group (MO), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), Editas Medicine (EDIT), Gilead Sciences (GILD), GSI Technology (GSIT) and Coca-Cola (KO).

Who are Diamond Hill Investment Group's key executives?

Diamond Hill Investment Group's management team includes the following people:

Mr. Christopher M. Bingaman C.F.A., CFA, Pres, CEO & Director (Age 53)
Mr. Thomas Edward Line, CFO & Treasurer (Age 52)
Ms. Frances A. Skinner CFA, CPA, Chief Admin. Officer of Investments (Age 54)
Mr. Christopher A. Welch CFA, Co-Chief Investment Officer & Portfolio Mang.
Mr. Austin Hawley CFA, Co-Chief Investment Officer & Portfolio Mang.

What is Diamond Hill Investment Group's stock symbol?

Diamond Hill Investment Group trades on the NASDAQ under the ticker symbol "DHIL."

Who are Diamond Hill Investment Group's major shareholders?

Diamond Hill Investment Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.85%), Wells Fargo & Company MN (5.31%), State Street Corp (2.30%), Geode Capital Management LLC (1.61%), Bank of New York Mellon Corp (1.16%) and AQR Capital Management LLC (0.80%). Company insiders that own Diamond Hill Investment Group stock include Heather E Brilliant, James F Laird Jr and Roderick H Dillon Jr. View institutional ownership trends for Diamond Hill Investment Group.

Which major investors are selling Diamond Hill Investment Group stock?

DHIL stock was sold by a variety of institutional investors in the last quarter, including Invenomic Capital Management LP, Two Sigma Investments LP, Amica Mutual Insurance Co., Wells Fargo & Company MN, Morgan Stanley, Aperio Group LLC, BlackRock Inc., and Healthcare of Ontario Pension Plan Trust Fund. View insider buying and selling activity for Diamond Hill Investment Group.

Which major investors are buying Diamond Hill Investment Group stock?

DHIL stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Deutsche Bank AG, Nuveen Asset Management LLC, Martingale Asset Management L P, State Street Corp, Bessemer Group Inc., Geode Capital Management LLC, and Denali Advisors LLC. Company insiders that have bought Diamond Hill Investment Group stock in the last two years include Heather E Brilliant, and James F Laird Jr. View insider buying and selling activity for Diamond Hill Investment Group.

How do I buy shares of Diamond Hill Investment Group?

Shares of DHIL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Diamond Hill Investment Group's stock price today?

One share of DHIL stock can currently be purchased for approximately $106.98.

How big of a company is Diamond Hill Investment Group?

Diamond Hill Investment Group has a market capitalization of $346.62 million and generates $136.62 million in revenue each year. Diamond Hill Investment Group employs 125 workers across the globe.

What is Diamond Hill Investment Group's official website?

The official website for Diamond Hill Investment Group is www.diamond-hill.com.

How can I contact Diamond Hill Investment Group?

Diamond Hill Investment Group's mailing address is 325 JOHN H MCCONNELL BLVD SUITE 200, COLUMBUS OH, 43215. The asset manager can be reached via phone at 614-255-3333 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff