secwatch.observer — SEC 8-K summary
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Issuer:     DIAMOND HILL INVESTMENT GROUP INC (—)
CIK:        0000909108
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0000909108-24-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Diamond Hill Q1 revenue up 7% to $36.3M; diluted EPS $4.62, adj. EPS $3.00; AUM/AUA $31.9B
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- Net income attributable to common shareholders $13.0M (+2% YoY); diluted EPS $4.62 vs $4.20.
- Combined AUM and AUA $31.9B, up from $29.2B at Dec 2023 and $26.7B a year ago.
- Net client inflows of $118M vs $84M in Q1 2023; equity outflows $378M offset by fixed income inflows $496M.
- Adjusted net operating margin 32% vs 35% YoY; GAAP operating margin 23% vs 32%.
- Quarterly dividend of $1.50/share declared, payable June 14, 2024 to holders of record June 3, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/909108/000090910824000022/0000909108-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/909108/000090910824000022/dhil-20240508.htm
  HTML page:      https://secwatch.observer/filing/0000909108-24-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer