DHIL Stock Recent News

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its holdings in shares of Diamond Hill Investment Group, Inc. (NASDAQ:DHIL – Free Report) by 5.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,032 shares of the asset manager’s stock after selling 336 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.22% of Diamond Hill Investment Group worth $936,000 as of its most recent filing with the Securities & Exchange Commission. A number of other institutional investors and hedge funds have also made changes to their positions in DHIL. Proficio Capital Partners LLC purchased a new position in Diamond Hill Investment Group during the 4th quarter valued at about $3,729,000. Citadel Advisors LLC increased its position in Diamond Hill Investment Group by 765.3% during the 4th quarter. Citadel Advisors LLC now owns 11,88

Diamond Hill faces secular headwinds from passive investing, fee compression, and industry competition, leading to declining profits and revenue over the past five years. Despite these challenges, Diamond Hill's disciplined, value-oriented approach and strong alignment between management and shareholders offer some resilience and capacity discipline. The market appears overly pessimistic, pricing in a 14% NOPAT decline; modest upside exists if declines are less severe, with potential 7-20% returns.

COLUMBUS, Ohio , April 29, 2025 /PRNewswire/ -- Diamond Hill Investment Group, Inc. (Nasdaq: DHIL) today reported unaudited financial results for the first quarter of 2025. The following are selected highlights for the quarter ended March 31, 2025: Assets under management ("AUM") and assets under advisement ("AUA") combined were $31.6 billion, compared to $31.9 billion as of December 31, 2024, and as of March 31, 2024.

COLUMBUS, Ohio , March 14, 2025 /PRNewswire/ -- Diamond Hill Investment Group, Inc. (Nasdaq: DHIL) today announced that its 2025 Annual Meeting of Shareholders will be held virtually on April 29, 2025, at 8:00 am ET. The record date for the meeting is March 3, 2025.

COLUMBUS, Ohio , Feb. 26, 2025 /PRNewswire/ -- Diamond Hill Investment Group, Inc. (Nasdaq: DHIL) today reported results for the fourth quarter and year ended December 31, 2024. The following are selected highlights for the year ended December 31, 2024: Assets under management ("AUM") and assets under advisement ("AUA") combined were $31.9 billion, compared to $29.2 billion as of December 31, 2023.

Diamond Hill Remains A Gift For Net Buyers Of Stocks

COLUMBUS, Ohio , July 31, 2024 /PRNewswire/ -- Diamond Hill Investment Group, Inc. (Nasdaq: DHIL) today reported unaudited financial results for the second quarter of 2024. The following are selected highlights for the quarter ended June 30, 2024: Assets under management ("AUM") and assets under advisement ("AUA") combined were $31.1 billion, compared to $29.2 billion as of December 31, 2023, and $27.9 billion as of June 30, 2023.

COLUMBUS, Ohio , July 29, 2024 /PRNewswire/ -- The Board of Directors ("Board") of Diamond Hill Investment Group Inc. (NASDAQ: DHIL) ("Diamond Hill") today announced the appointment of Gordon Fowler as Director. Mr. Fowler will be one of six independent directors of the Company's seven-person board, and will serve on the Audit Committee, the Compensation Committee and the Nominating and Governance Committee.

Diamond Hill Investment Group is a net buyer of stocks and offers an opportunity for long-term investors due to its undervalued business model. The company's simple business model generates high profits and returns, with aligned interests between employees and shareholders. Diamond Hill's dividend payouts are supported by free cash flows, and its low valuation provides potential for future growth and cash distributions.

A bad year for asset managers with strong books may present a buying opportunity in the near future. Conservative growth assumptions for the company still come out to be a good entry point for the long run.