Diamond Hill Investment Group, Inc. (DHIL) Holdings Increased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its holdings in shares of Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) by 14.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 110,660 shares of the asset manager’s stock after acquiring an additional 13,576 shares during the period. Dimensional Fund Advisors LP owned 3.13% of Diamond Hill Investment Group worth $21,516,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Wells Fargo & Company MN boosted its position in shares of Diamond Hill Investment Group by 3.4% during the 2nd quarter. Wells Fargo & Company MN now owns 225,764 shares of the asset manager’s stock worth $43,896,000 after purchasing an additional 7,391 shares in the last quarter. Alps Advisors Inc. bought a new position in shares of Diamond Hill Investment Group during the 2nd quarter worth about $496,000. Robotti Robert boosted its position in shares of Diamond Hill Investment Group by 29.2% during the 2nd quarter. Robotti Robert now owns 3,100 shares of the asset manager’s stock worth $603,000 after purchasing an additional 700 shares in the last quarter. BlackRock Inc. boosted its position in shares of Diamond Hill Investment Group by 3.7% during the 1st quarter. BlackRock Inc. now owns 238,630 shares of the asset manager’s stock worth $49,292,000 after purchasing an additional 8,509 shares in the last quarter. Finally, Martingale Asset Management L P boosted its position in shares of Diamond Hill Investment Group by 40.0% during the 2nd quarter. Martingale Asset Management L P now owns 3,501 shares of the asset manager’s stock worth $681,000 after purchasing an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 59.81% of the company’s stock.

A number of research firms have recently issued reports on DHIL. BidaskClub raised shares of Diamond Hill Investment Group from a “strong sell” rating to a “sell” rating in a research report on Thursday, June 28th. ValuEngine cut shares of Diamond Hill Investment Group from a “hold” rating to a “sell” rating in a research report on Friday, September 7th.

DHIL stock opened at $166.85 on Friday. The stock has a market cap of $583.85 million, a PE ratio of 11.49 and a beta of 0.82. Diamond Hill Investment Group, Inc. has a 1 year low of $161.10 and a 1 year high of $219.90.

Diamond Hill Investment Group (NASDAQ:DHIL) last released its quarterly earnings data on Wednesday, August 1st. The asset manager reported $3.57 earnings per share (EPS) for the quarter. The company had revenue of $35.93 million for the quarter. Diamond Hill Investment Group had a net margin of 35.05% and a return on equity of 26.57%.

About Diamond Hill Investment Group

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.

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Institutional Ownership by Quarter for Diamond Hill Investment Group (NASDAQ:DHIL)

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