CIBRA Capital Ltd bought a new position in shares of Diamond Hill Investment Group, Inc. (NASDAQ:DHIL – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,430 shares of the asset manager’s stock, valued at approximately $1,090,000. Diamond Hill Investment Group makes up 1.9% of CIBRA Capital Ltd’s holdings, making the stock its 16th biggest position. CIBRA Capital Ltd owned 0.24% of Diamond Hill Investment Group as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of DHIL. EverSource Wealth Advisors LLC increased its position in shares of Diamond Hill Investment Group by 1,018.8% during the second quarter. EverSource Wealth Advisors LLC now owns 179 shares of the asset manager’s stock worth $26,000 after acquiring an additional 163 shares during the period. Frazier Financial Advisors LLC acquired a new position in Diamond Hill Investment Group during the 3rd quarter worth $38,000. Tower Research Capital LLC TRC grew its stake in Diamond Hill Investment Group by 319.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 281 shares of the asset manager’s stock worth $41,000 after purchasing an additional 214 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Diamond Hill Investment Group during the 2nd quarter worth about $62,000. Finally, Quadrant Capital Group LLC purchased a new stake in Diamond Hill Investment Group during the 3rd quarter worth about $74,000. Institutional investors and hedge funds own 65.50% of the company’s stock.
Analyst Ratings Changes
Separately, Weiss Ratings upgraded Diamond Hill Investment Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 25th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy”.
Diamond Hill Investment Group Stock Performance
Diamond Hill Investment Group stock opened at $172.20 on Friday. Diamond Hill Investment Group, Inc. has a fifty-two week low of $114.11 and a fifty-two week high of $173.70. The company has a market capitalization of $466.66 million, a P/E ratio of 9.62 and a beta of 0.79. The stock has a 50-day simple moving average of $171.55 and a 200-day simple moving average of $153.05.
Diamond Hill Investment Group (NASDAQ:DHIL – Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The asset manager reported $2.24 earnings per share (EPS) for the quarter. Diamond Hill Investment Group had a return on equity of 18.08% and a net margin of 33.15%.
Diamond Hill Investment Group Company Profile
Diamond Hill Investment Group, Inc is an independent, employee‐owned investment management firm that provides a range of equity and fixed income strategies to institutional and individual clients. The company’s investment approach is driven by bottom‐up fundamental research, emphasizing risk management and long‐term value creation. Through a disciplined portfolio construction process, Diamond Hill seeks to deliver differentiated returns across market environments.
The firm offers a suite of investment products, including small‐, mid‐ and large‐cap U.S.
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