Westwood Holdings Group (NYSE:WHG) Director Susan Byrne Sells 651 Shares of Stock

Westwood Holdings Group Inc (NYSE:WHGGet Free Report) Director Susan Byrne sold 651 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $16.08, for a total transaction of $10,468.08. Following the completion of the sale, the director owned 284,549 shares in the company, valued at $4,575,547.92. The trade was a 0.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Westwood Holdings Group Price Performance

NYSE:WHG opened at $16.05 on Tuesday. The firm has a market capitalization of $152.31 million, a P/E ratio of 19.34 and a beta of 0.62. The company’s fifty day moving average price is $16.14 and its 200-day moving average price is $16.87. Westwood Holdings Group Inc has a 1-year low of $14.51 and a 1-year high of $18.99.

Westwood Holdings Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 1st will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 3.7%. The ex-dividend date is Monday, June 1st. Westwood Holdings Group’s dividend payout ratio (DPR) is currently 72.29%.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Wall Street Zen upgraded shares of Westwood Holdings Group to a “buy” rating in a research report on Saturday. Weiss Ratings restated a “buy (b)” rating on shares of Westwood Holdings Group in a research report on Friday, March 27th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy”.

Read Our Latest Stock Report on WHG

Institutional Trading of Westwood Holdings Group

Several institutional investors have recently modified their holdings of the stock. Empowered Funds LLC grew its position in shares of Westwood Holdings Group by 9.3% in the first quarter. Empowered Funds LLC now owns 41,898 shares of the asset manager’s stock valued at $690,000 after purchasing an additional 3,561 shares during the period. Gabelli Funds LLC grew its position in shares of Westwood Holdings Group by 6.5% in the first quarter. Gabelli Funds LLC now owns 82,210 shares of the asset manager’s stock valued at $1,354,000 after purchasing an additional 5,004 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. grew its position in shares of Westwood Holdings Group by 6.6% in the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 11,192 shares of the asset manager’s stock valued at $184,000 after purchasing an additional 692 shares during the period. Sei Investments Co. lifted its stake in shares of Westwood Holdings Group by 31.3% in the first quarter. Sei Investments Co. now owns 31,659 shares of the asset manager’s stock worth $521,000 after buying an additional 7,543 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Westwood Holdings Group by 1.9% in the first quarter. Dimensional Fund Advisors LP now owns 279,685 shares of the asset manager’s stock worth $4,607,000 after buying an additional 5,169 shares in the last quarter. Institutional investors and hedge funds own 56.64% of the company’s stock.

About Westwood Holdings Group

(Get Free Report)

Westwood Holdings Group, Inc is an independent, publicly traded asset management firm founded in 1983 and headquartered in Kansas City, Missouri. Through its wholly owned subsidiaries, the company offers a range of investment advisory services tailored to institutional, retail, and high-net-worth clients. Westwood’s disciplined, value-oriented approach guides its research process across equity and fixed-income markets, with an emphasis on fundamental analysis and long-term risk management.

The firm’s product lineup includes U.S.

See Also

Insider Buying and Selling by Quarter for Westwood Holdings Group (NYSE:WHG)

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