DHIL - Diamond Hill Investment Group, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
144.08
-2.08 (-1.42%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close146.16
Open145.41
Bid143.81 x 800
Ask145.93 x 800
Day's Range143.39 - 147.52
52 Week Range132.51 - 202.94
Volume18,522
Avg. Volume16,200
Market Cap470.073M
Beta (3Y Monthly)0.54
PE Ratio (TTM)9.87
EPS (TTM)14.59
Earnings DateJul 30, 2019 - Aug 5, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2018-11-30
1y Target EstN/A
Trade prices are not sourced from all markets
  • What to Look for in The Markets in 2019
    Yahoo Finance Video4 months ago

    What to Look for in The Markets in 2019

    John McClain, Portfolio Manager at Diamond Hill Capital Management joins The Final Round to talk about 2019 markets

  • Why We Upgraded This Mid-Cap Value Fund to Gold
    Morningstar7 months ago

    Why We Upgraded This Mid-Cap Value Fund to Gold

    Diamond Hill Mid Cap shines with its proven team and attractive price tag.

  • Here is What Hedge Funds Think About Diamond Hill Investment Group, Inc. (DHIL)
    Insider Monkey14 days ago

    Here is What Hedge Funds Think About Diamond Hill Investment Group, Inc. (DHIL)

    It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index […]

  • Diamond Hill Trims CVS Health, Exits Goodyear
    GuruFocus.com20 days ago

    Diamond Hill Trims CVS Health, Exits Goodyear

    Investment management firm Diamond Hill Capital (Trades, Portfolio) sold shares of the following stocks during the first quarter. Warning! GuruFocus has detected 4 Warning Signs with CVS. The CVS Health Corp. (CVS) position was reduced by 87.04%.

  • Could The Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) Ownership Structure Tell Us Something Useful?
    Simply Wall St.22 days ago

    Could The Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) Ownership Structure Tell Us Something Useful?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! A look at the shareholders of Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) can tell us which gro...

  • Associated Press23 days ago

    Diamond Hill Investment Group: 1Q Earnings Snapshot

    The Columbus, Ohio-based company said it had earnings of $4.84 per share. Earnings, adjusted for non-recurring gains, were $2.88 per share. The investment company posted revenue of $32.6 million in the ...

  • Diamond Hill Investment Group, Inc. Reports Results For First Quarter 2019
    PR Newswire23 days ago

    Diamond Hill Investment Group, Inc. Reports Results For First Quarter 2019

    COLUMBUS, Ohio , May 1, 2019 /PRNewswire/ -- Diamond Hill Investment Group, Inc.  (the "Company," "we," "our") (NASDAQ: DHIL) today reported unaudited results for the quarter ...

  • Those Who Purchased Diamond Hill Investment Group (NASDAQ:DHIL) Shares A Year Ago Have A 27% Loss To Show For It
    Simply Wall St.2 months ago

    Those Who Purchased Diamond Hill Investment Group (NASDAQ:DHIL) Shares A Year Ago Have A 27% Loss To Show For It

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. While indi...

  • Goldcorp Special Dividend Is Capital Allocation at Its Finest
    InvestorPlace2 months ago

    Goldcorp Special Dividend Is Capital Allocation at Its Finest

    Newmont Mining (NYSE:NEM), is offering an 88-cent special dividend to Newmont shareholders to close its $10 billion acquisition of Goldcorp (NYSE:GG). Owners of GG stock should be happy about Newmont's capital allocation decision. * 10 Tech Stocks That Transformed Their Business Source: Shutterstock InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn the ten-yard line, Newmont had to do something to convince prominent shareholders, such as John Paulson, that the deal to buy Goldcorp was a good one. Newmont initially offered Goldcorp shareholders .328 shares of NEM stock in mid-January for every share of GG stock held, along with 2 cents in cash per share. Newmont trotted out the natural synergies explanation as to why the deal made sense -- $365 million in annual pre-tax synergies while delivering 6-7 million ounces of gold annually within a decade -- but Newmont shareholders felt the deal unfairly benefited Goldcorp shareholders. On March 25, VanEck portfolio manager Joe Foster, who oversees the VanEck precious metals investment team, changed his mind about the merger vote. VanEck, Newmont's third-largest shareholder, had serious concerns about the deal. The special dividend has removed any such concerns. "As things stand right now I plan to vote in favor of the Newmont deal," Foster said in an interview. While Paulson is still reviewing the special dividend, it's likely that he'll also fall in line and vote for the deal. Ratification is expected April 4. "From my standpoint, I think we've done what we needed to do," Newmont Chief Executive Officer Gary Goldberg said in an interview. "It now is up to our shareholders. I'm really looking forward to positive results out of both votes.''While the special dividend will only be paid on the successful consummation of the $10 billion deal, it illustrates why more companies should utilize this capital allocation lever ahead of customary shareholder rewards such as regular dividends and share repurchases. Here's why. Greater Flexibility to Handle All Economic ConditionsIn April 2016, I highlighted four stocks that had paid one or more special dividends in the past year, that I thought were good investments. My argument was relatively straightforward. "In my opinion, special dividends are one of the best examples of efficient capital allocation because it shows me that management understands the ebb and flow of its own cash flows and is more than willing to reward shareholders when the coffers are flush and to hold back when they're not," I wrote on May 3, 2016."But I wasn't just looking for stocks to buy that paid a special dividend -- I was after those that don't pay a regular dividend and have no formal dividend policy."Here's how the four stocks have performed in the 35 months since. Stock Performance Amerco (NASDAQ:UHAL) 4.0% Diamond Hill Investment Group (NASDAQ:DHIL) -12.3% Under Armour (NYSE:UAA) -52.3% Facebook (NASDAQ:FB) 42.4% SPDR S&P 500 ETF (NYSE:SPY) 44.1% So, what happened? Why such terrible performance relative to the index?Well, each of the businesses has had different issues to deal with: Amerco (rising costs), Diamond Hill (increased competition), Under Armour (bad management) and Facebook (privacy issues).These are hardly my best stock selections over the past three years. However, I do believe that all four are company-specific problems rather than asset allocation mistakes. Long-term, all of these stocks should make investors money. But I digress. Newmont's Capital Allocation Winning ChoiceOver the past three fiscal years, Newmont generated $2.9 billion in free cash flow. From that, it's paid out $648 million in dividends, repurchased just $98 million of its stock, and repaid $1.7 billion of its debt, leaving it with plenty of cash for other potential uses. The 88-cent special dividend will cost the company $469 million. However, the combination of it and Goldcorp should produce at least $1 billion in annual free cash flow -- probably more if it achieves the projected cost synergies of $365 million annually. Without the special dividend available to it, there's almost no way Newmont could have achieved a successful vote. That's because it would have had to reduce the number of shares it issued Goldcorp shareholders (less than 0.3280) to pay for the deal. Goldcorp shareholders likely would have vetoed such a plan. Newmont was a rock in a hard place.I don't know why companies don't utilize the special dividend more often. It provides greater financial flexibility so that management can do what's right for all stakeholders, including shareholders, without locking the company into quarterly rent checks that become a noose around its neck.The argument against special dividends is that it benefits Johnny-come-lately shareholders at the expense of long-time shareholders, who didn't buy on the news. There's a measure of truth to that. * 7 Dividend Stocks With Double-Digit Increases However, in the long run, I believe the pros outweigh the cons. If you're Joe Foster at VanEck, you see the benefits. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 4 Pot Stocks That Could Be Fizzling Out * 7 Mid-Cap Growth Stocks That Could Be the Next Amazon or Netflix Compare Brokers The post Goldcorp Special Dividend Is Capital Allocation at Its Finest appeared first on InvestorPlace.

  • How Should Investors React To Diamond Hill Investment Group, Inc.’s (NASDAQ:DHIL) CEO Pay?
    Simply Wall St.3 months ago

    How Should Investors React To Diamond Hill Investment Group, Inc.’s (NASDAQ:DHIL) CEO Pay?

    In 2016 Chris Bingaman was appointed CEO of Diamond Hill Investment Group, Inc. (NASDAQ:DHIL). First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll considerRead More...

  • Morningstar3 months ago

    7 Funds With Big Manager Changes

    February is the time for breakups in the fund industry. Every year we see a slew of manager departures. Calendar-year returns are still a big deal, so managers care about their records, and fund companies assess their performance at year-end.

  • Diamond Hill Appoints New Board Members And Announces Ric Dillon's Retirement As Board Chairman
    PR Newswire3 months ago

    Diamond Hill Appoints New Board Members And Announces Ric Dillon's Retirement As Board Chairman

    COLUMBUS, Ohio , Feb. 22, 2019 /PRNewswire/ -- The Board of Directors of Diamond Hill Investment Group, Inc. (NASDAQ: DHIL) appointed Christopher M. Bingaman , Paula R. Meyer , and Nicole R. St. Pierre ...

  • Associated Press3 months ago

    Diamond Hill Investment Group: 4Q Earnings Snapshot

    The Columbus, Ohio-based company said it had earnings of $1.37 per share. Earnings, adjusted for non-recurring costs, came to $2.78 per share. The investment company posted revenue of $34.4 million in ...

  • Diamond Hill Investment Group, Inc. Reports 2018 Financial Results
    PR Newswire3 months ago

    Diamond Hill Investment Group, Inc. Reports 2018 Financial Results

    COLUMBUS, Ohio , Feb. 21, 2019 /PRNewswire/ -- Diamond Hill Investment Group, Inc.  (the "Company," "we," "our") (NASDAQ: DHIL) today reported results for the year ended December 31, ...

  • GlobeNewswire3 months ago

    Detailed Research: Economic Perspectives on DXC Technology, AMC Networks, SunCoke Energy Partners, Alnylam Pharmaceuticals, Amtech, and Diamond Hill Investment Group — What Drives Growth in Today's Competitive Landscape

    NEW YORK, Feb. 12, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • Did Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) Insiders Sell Shares?
    Simply Wall St.4 months ago

    Did Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) Insiders Sell Shares?

    We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders Read More...

  • Did Diamond Hill Investment Group Inc’s (NASDAQ:DHIL) Recent Earnings Growth Beat The Trend?
    Simply Wall St.6 months ago

    Did Diamond Hill Investment Group Inc’s (NASDAQ:DHIL) Recent Earnings Growth Beat The Trend?

    For investors with a long-term horizon, examining earnings trend over time and against industry peers is more insightful than looking at an earnings announcement in one point in time. Investors Read More...

  • Diamond Hill Capital Continues to Buy Amazon, Facebook
    GuruFocus.com6 months ago

    Diamond Hill Capital Continues to Buy Amazon, Facebook

    Firm increased holdings of these 8 stocks

  • GlobeNewswire6 months ago

    New Research: Key Drivers of Growth for Datawatch, The Ensign Group, Fortune Brands Home & Security, Diamond Hill Investment Group, Old Republic International, and TechnipFMC plc — Factors of Influence, Major Initiatives and Sustained Production

    NEW YORK, Nov. 08, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • Associated Press7 months ago

    Diamond Hill Investment Group: 3Q Earnings Snapshot

    The company, based in Columbus, Ohio, said it had earnings of $4.31 per share. Earnings, adjusted for non-recurring gains, came to $3.76 per share. The investment company posted revenue of $37.5 million ...

  • Diamond Hill Investment Group, Inc. Reports Results For Third Quarter 2018
    PR Newswire7 months ago

    Diamond Hill Investment Group, Inc. Reports Results For Third Quarter 2018

    COLUMBUS, Ohio , Oct. 30, 2018 /PRNewswire/ -- Diamond Hill Investment Group, Inc.  (the "Company," "we," "our") (NASDAQ:DHIL) today reported unaudited results for the quarter ...

  • Simply Wall St.7 months ago

    Does Diamond Hill Investment Group Inc’s (NASDAQ:DHIL) P/E Ratio Signal A Buying Opportunity?

    This article is intended for those of you who are at the beginning of your investing journey and want to begin learning about how to value company based on its Read More...

  • From Amazon to Apple, October's swoon has erased trillions from America's biggest companies. Here's who's down the most in Columbus
    American City Business Journals7 months ago

    From Amazon to Apple, October's swoon has erased trillions from America's biggest companies. Here's who's down the most in Columbus

    The nation’s largest 3,000 public companies suffered a net loss of $2.1 trillion between Sept. 30 and Oct. 24, according to a Business Journals analysis of Bloomberg data.

  • Morningstar7 months ago

    This Newly Rated Mid-Cap Fund Delivers on the Downside

    The following is our latest Fund Analyst Report for Diamond Hill Mid Cap DHPAX . Morningstar Premium Members have access to full analyst reports such as this for more than 1,000 of the largest and best mutual funds. Diamond Hill Mid Cap receives a Morningstar Analyst Rating of Gold because of the depth of its bench and its disciplined, bottom-up approach.