Diamond Hill Investment Group Inc Stock Research

Market Summary

USD158.77-2.20

Market Closed

-1.37%

DHIL Alerts

Big fall in Revenue (Y/Y)
Big jump in Earnings (Y/Y)

DHIL Stock Price

DHIL RSI Chart

DHIL Valuation

Market Cap

480.7M

Price/Earnings (Trailing)

10.92

Price/Sales (Trailing)

3.29

EV/EBITDA

7.36

Price/Free Cashflow

12.24

DHIL Price/Sales (Trailing)

DHIL Profitability

EBT Margin

32.98%

Return on Equity

24.7%

Return on Assets

16.19%

Free Cashflow Yield

8.17%

DHIL Fundamentals

DHIL Revenue

Revenue (TTM)

146.2M

Revenue Y/Y

-19.56%

Revenue Q/Q

-2.76%

DHIL Earnings

Earnings (TTM)

44.0M

Earnings Y/Y

39.19%

Earnings Q/Q

-14.58%

Price Action

52 Week Range

154.24193.20

(Low)(High)

Last 7 days

-0.8%

Last 30 days

-1.6%

Last 90 days

-9.8%

Trailing 12 Months

-11.2%

DHIL Financial Health

DHIL Investor Care

Dividend Yield

6.3%

Dividend/Share (TTM)

Buy Backs (1Y)

5.13%

Diluted EPS (TTM)

14.37

Peers (Alternatives to Diamond Hill Investment Group)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BX	61.0B	4.8B	-3.50%	-24.98%	99.01	12.79	-62.27%	-88.42%
KKR	44.3B	7.8B	-3.31%	-5.25%	-99.72	5.65	-64.76%	-115.12%
AMP	33.8B	14.5B	-1.36%	8.98%	10.39	2.44	5.75%	-28.18%
BEN	12.0B	7.9B	-8.11%	-9.14%	14.17	1.53	-9.17%	-55.48%
MID-CAP
IVZ	7.8B	5.8B	-14.30%	-24.02%	11.43	1.29	-14.95%	-52.29%
HLI	5.5B	737.1M	-4.05%	2.22%	45.72	7.51	-67.95%	-74.36%
AMG	5.4B	2.3B	-4.16%	4.10%	4.75	2.34	-3.43%	102.56%
EVR	4.8B	2.6B	-3.16%	-4.16%	10.01	1.72	-21.95%	-46.68%
JHG	4.4B	2.1B	0.88%	-3.27%	15.86	2.09	-24.19%	-55.18%
LAZ	3.2B	2.7B	-7.96%	-16.37%	8.95	1.12	-18.40%	-60.07%
AMK	2.1B	646.6M	-9.36%	34.42%	21.12	3.21	15.54%	72.98%
SMALL-CAP
DHIL	480.7M	146.2M	-1.62%	-11.25%	10.92	3.29	-21.14%	-36.78%
VALU	457.1M	40.1M	0.44%	-34.54%	25.62	11.4	-0.04%	-31.55%
SCU	206.6M	434.9M	2.37%	-28.04%	82.34	0.37	-27.53%	-139.58%
PZN	161.6M	197.7M	0.84%	-7.62%	4	0.82	5.01%	-33.91%

Financials for Diamond Hill Investment Group

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	-5.4%	146	154	163	179	185
Operating Expenses	-0.1%	90.00	90.00	91.00	95.00	104
S&GA Expenses	-0.8%	7.00	7.00	7.00	7.00	8.00
EBITDA	-3.7%	52.00	54.00	74.00	-	-
EBITDA Margin	1.3%	0.34*	0.33*	0.41*	-	-
Earnings Before Taxes	14.8%	59.00	51.00	53.00	73.00	94.00
EBT Margin	1.2%	0.33*	0.33*	0.41*	-	-
Net Income	8.8%	44.00	40.00	44.00	57.00	70.00
Net Income Margin	-2.3%	0.26*	0.27*	0.32*	-	-
Free Cahsflow	45.4%	39.00	27.00	23.00	28.00	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	-6.1%	235	250	244	252	261
Cash Equivalents	-36.2%	40.00	63.00	63.00	59.00	59.00
Net PPE	-10.0%	4.00	4.00	5.00	5.00	6.00
Liabilities	-33.4%	48.00	72.00	65.00	59.00	58.00
Shareholder's Equity	3.4%	169	164	167	171	183
Retained Earnings	6.3%	137	129	131	123	124
Shares Outstanding	0.6%	3.00	3.00	3.00	3.00	3.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	-0.3%	39.00	39.00	27.00	24.00	28.00
Share Based Compensation	5.3%	11.00	11.00	10.00	9.00	8.00
Cashflow From Investing	-45.1%	3.00	6.00	36.00	37.00	28.00
Cashflow From Financing	2.8%	-61.14	-62.87	-98.84	-90.48	-77.21
Dividend Payments	-60.4%	31.00	78.00	76.00	75.00	-
Buy Backs	-12.3%	34.00	39.00	36.00	28.00	15.00

Risks for DHIL

What is the probability of a big loss on DHIL?

43.9%

Probability that Diamond Hill Investment Group stock will be more than 20% underwater in next one year

23.5%

Probability that Diamond Hill Investment Group stock will be more than 30% underwater in next one year.

18.1%

Probability that Diamond Hill Investment Group stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DHIL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Diamond Hill Investment Group was unfortunately bought at previous high price.

Drawdowns

Returns for DHIL

Cumulative Returns on DHIL

12.2%

10-Year Cumulative Returns

3.9%

7-Year Cumulative Returns

2.6%

5-Year Cumulative Returns

24.3%

3-Year Cumulative Returns

What are the long-term rolling returns for DHIL?

FIve years rolling returns for Diamond Hill Investment Group.

Annualized Returns

Which funds bought or sold DHIL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-25	Legato Capital Management LLC	added	7.69	-43,248	984,353	0.18%
2023-05-23	ROYCE & ASSOCIATES LP	reduced	-3.16	-4,248,230	26,396,800	0.26%
2023-05-22	AMERIPRISE FINANCIAL INC	added	44.66	166,370	746,370	-%
2023-05-19	Trivant Custom Portfolio Group, LLC	new	-	49,374	49,374	0.04%
2023-05-18	JPMORGAN CHASE & CO	added	28.48	57,000	454,000	-%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-31.46	-161,000	251,000	-%
2023-05-17	Advisory Services Network, LLC	sold off	-100	-17,762	-	-%
2023-05-16	SUSQUEHANNA INTERNATIONAL GROUP, LLP	new	-	218,727	218,727	-%
2023-05-16	Ancora Advisors, LLC	unchanged	-	-92,819	748,181	0.02%
2023-05-15	GEODE CAPITAL MANAGEMENT, LLC	reduced	-0.12	-1,266,450	10,091,600	-%

Latest Funds Activity

Are funds buying DHIL calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own DHIL

No. of Funds

Diamond Hill Investment Group News

Schedule 13G FIlings of Diamond Hill Investment Group

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	vanguard group inc	5.05%	152,368	SC 13G
Feb 03, 2023	blackrock inc.	8.4%	253,576	SC 13G/A
Jan 23, 2023	royce & associates lp	5.49%	165,631	SC 13G/A
Feb 01, 2022	blackrock inc.	8.5%	269,754	SC 13G/A
Jan 26, 2022	wells fargo & company/mn	3.91%	123,871	SC 13G/A
Feb 12, 2021	wells fargo & company/mn	5.16%	163,055	SC 13G/A
Jan 29, 2021	blackrock inc.	7.8%	246,279	SC 13G/A
Feb 05, 2020	blackrock inc.	7.6%	258,076	SC 13G/A
Feb 04, 2020	wells fargo & company/mn	5.39%	182,351	SC 13G

DHIL Fair Value

Show Fair-Value

Recent SEC filings of Diamond Hill Investment Group

View All Filings

Date Filed	Form Type	Document
May 15, 2023	4	Insider Trading
May 15, 2023	4	Insider Trading
May 15, 2023	4	Insider Trading
May 15, 2023	4	Insider Trading
May 15, 2023	4	Insider Trading
May 11, 2023	8-K	Current Report
May 10, 2023	10-Q	Quarterly Report
May 10, 2023	8-K	Current Report
May 02, 2023	8-K	Current Report
Apr 04, 2023	4	Insider Trading

Latest Insider Trading transactions for DHIL

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-05-11	Cooley Richard Scott	acquired	-	-	727	-
2023-05-11	Meyer Paula R	acquired	-	-	727	-
2023-05-11	Zinkula Mark	acquired	-	-	727	-
2023-05-11	St. Pierre Nicole Renee	acquired	-	-	727	-
2023-05-11	Thomas L'Quentus	acquired	-	-	727	-
2023-04-01	Quinif Jo Ann	sold (taxes)	-192,559	164	-1,170	president of dhcm
2023-04-01	BRILLIANT HEATHER E	sold (taxes)	-155,199	164	-943	chief executive officer
2023-04-01	Line Thomas Edward	sold (taxes)	-90,848	164	-552	chief financial officer
2023-03-31	BRILLIANT HEATHER E	acquired	22,218	164	135	chief executive officer
2023-03-31	Quinif Jo Ann	acquired	22,218	164	135	president of dhcm

About Diamond Hill Investment Group

Heather E. Brilliant

www.diamond-hill.com

130

Diamond Hill Investment Group, Inc., through its subsidiary, Diamond Hill Capital Management, Inc., provides investment advisory and fund administration services in the United States. It sponsors, distributes, and offers investment advisory and related services to its clients through pooled investment vehicles, including the Diamond Hill Funds, separately managed accounts, and model delivery programs. 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. The company was founded in 1990 and is based in Columbus, Ohio.

DHIL Balance Sheet

2023-03-31

Consolidated Balance Sheets - USD ($)	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 40,334,923	$ 63,195,302
Investments	154,784,963	145,675,711
Accounts receivable	18,835,657	17,329,034
Prepaid expenses	3,430,543	3,435,269
Income taxes receivable	0	1,463,547
Property and equipment, net of depreciation	3,913,207	4,348,341
Deferred taxes	13,231,398	14,374,206
Total assets	234,530,691	249,821,410
Liabilities
Accounts payable and accrued expenses	8,356,311	9,177,977
Accrued incentive compensation	6,068,220	32,100,000
Income taxes payable	2,294,207	0
Deferred compensation	31,231,801	30,744,990
Total liabilities	47,950,539	72,022,967
Redeemable noncontrolling interest	17,332,798	14,126,198
Permanent Shareholders’ equity
Common stock, no par value: 7,000,000 shares authorized; 3,027,738 issued and outstanding at March 31, 2023 (inclusive of 254,558 unvested shares); 3,010,457 issued and outstanding at December 31, 2022 (inclusive of 219,459 unvested shares)	55,690,092	51,688,631
Preferred stock, undesignated, 1,000,000 shares authorized and unissued	0	0
Deferred equity compensation	(23,568,556)	(17,011,144)
Retained earnings	137,125,818	128,994,758
Total permanent shareholders’ equity	169,247,354	163,672,245
Total liabilities and shareholders’ equity	$ 234,530,691	$ 249,821,410