Diamond Hill Company profile
About Diamond Hill Investment Group, Inc.
Diamond Hill Investment Group, Inc. is a provider of investment advisory and fund administration services. The Company operates through its two subsidiaries, Diamond Hill Capital Management, Inc. and Ohio corporation (DHCM). DHCM is an investment adviser. DHCM sponsors, distributes and provides investment advisory and related services to clients through the Diamond Hill Funds (the Funds) a series of open-end mutual funds, and separately managed accounts. DHCM also provides investment advisory services to a private investment fund, separately managed accounts, and other mutual funds.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Diamond Hill Investment Group, Inc. revenues increased 44% to $182.2M. Net income increased 92% to $74.2M. Revenues reflect Investment advisory increase of 43% to $170.1M, Mutual fund administration net increase of 66% to $12.1M. Net income benefited from Rental Expense decrease of 2% to $933K (expense). Dividend per share totaled to $4.00.
Equity composition
Class 'A' Common no Par, 04/11, 7M auth., 2,901,769 issd. Insiders & Strategic Owns 13.57%. IPO: NA. 9/01,1-for-5 reverse stock split. Company changed its fiscal year end from May to December in 2000. FY'02 Q's being reclassified. 7/04, private placement of 60K shares @ $7.