Diamond Hill Investment Group (DHIL) Lowered to C+ at TheStreet – Fairfield Current


Diamond Hill Investment Group (NASDAQ:DHIL) was downgraded by analysts at TheStreet from a “b-” rating to a “c+” rating in a research report issued to clients and investors on Thursday, December 27th.

DHIL has been the subject of a number of other reports. BidaskClub raised Diamond Hill Investment Group from a “strong sell” rating to a “sell” rating in a research report on Thursday, October 11th. ValuEngine lowered Diamond Hill Investment Group from a “hold” rating to a “sell” rating in a research report on Friday, September 7th.

Shares of Diamond Hill Investment Group stock traded up $0.20 on Thursday, reaching $156.35. 18,573 shares of the company’s stock were exchanged, compared to its average volume of 15,997. Diamond Hill Investment Group has a 52 week low of $139.50 and a 52 week high of $217.00. The stock has a market capitalization of $547.80 million, a price-to-earnings ratio of 10.77 and a beta of 0.74.

Diamond Hill Investment Group (NASDAQ:DHIL) last released its quarterly earnings results on Tuesday, October 30th. The asset manager reported $3.76 EPS for the quarter. The business had revenue of $37.47 million during the quarter. Diamond Hill Investment Group had a return on equity of 25.54% and a net margin of 36.57%.

Institutional investors have recently made changes to their positions in the company. BlackRock Inc. increased its holdings in Diamond Hill Investment Group by 15.2% in the 2nd quarter. BlackRock Inc. now owns 274,810 shares of the asset manager’s stock worth $53,432,000 after acquiring an additional 36,180 shares during the last quarter. Barr E S & Co. increased its holdings in Diamond Hill Investment Group by 30.8% in the 3rd quarter. Barr E S & Co. now owns 81,272 shares of the asset manager’s stock worth $13,442,000 after acquiring an additional 19,160 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Diamond Hill Investment Group by 14.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 110,660 shares of the asset manager’s stock worth $21,516,000 after acquiring an additional 13,576 shares during the last quarter. Fenimore Asset Management Inc. increased its holdings in Diamond Hill Investment Group by 20.5% in the 3rd quarter. Fenimore Asset Management Inc. now owns 74,239 shares of the asset manager’s stock worth $12,278,000 after acquiring an additional 12,613 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in Diamond Hill Investment Group by 217.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 15,058 shares of the asset manager’s stock worth $2,490,000 after acquiring an additional 10,315 shares during the last quarter. 58.62% of the stock is owned by hedge funds and other institutional investors.

Diamond Hill Investment Group Company Profile

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.

Recommended Story: How to Track your Portfolio in Google Finance

Receive News & Ratings for Diamond Hill Investment Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Diamond Hill Investment Group and related companies with MarketBeat.com’s FREE daily email newsletter.



Source link

0 0