Westwood Holdings Group (NYSE:WHG) Director Susan Byrne Sells 3,300 Shares

Westwood Holdings Group Inc (NYSE:WHG – Get Free Report) Director Susan Byrne sold 3,300 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $17.43, for a total transaction of $57,519.00. Following the completion of the transaction, the director owned 267,621 shares in the company, valued at approximately $4,664,634.03. This trade represents a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Westwood Holdings Group Stock Up 1.4%

NYSE:WHG traded up $0.25 on Friday, reaching $17.84. The stock had a trading volume of 63,748 shares, compared to its average volume of 12,108. The company has a market capitalization of $169.34 million, a P/E ratio of 21.50 and a beta of 0.61. Westwood Holdings Group Inc has a 1-year low of $14.70 and a 1-year high of $18.99. The stock has a fifty day moving average price of $16.47 and a 200-day moving average price of $16.90.

Get Westwood Holdings Group alerts:

Westwood Holdings Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Monday, June 1st. Westwood Holdings Group’s payout ratio is presently 72.29%.

Hedge Funds Weigh In On Westwood Holdings Group

A number of large investors have recently modified their holdings of the stock. Bank of America Corp DE lifted its position in shares of Westwood Holdings Group by 1.9% during the first quarter. Bank of America Corp DE now owns 55,856 shares of the asset manager’s stock worth $920,000 after purchasing an additional 1,018 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Westwood Holdings Group by 9.3% during the first quarter. Empowered Funds LLC now owns 41,898 shares of the asset manager’s stock worth $690,000 after purchasing an additional 3,561 shares in the last quarter. Gabelli Funds LLC lifted its position in shares of Westwood Holdings Group by 6.5% during the first quarter. Gabelli Funds LLC now owns 82,210 shares of the asset manager’s stock worth $1,354,000 after purchasing an additional 5,004 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. lifted its position in shares of Westwood Holdings Group by 6.6% during the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 11,192 shares of the asset manager’s stock worth $184,000 after purchasing an additional 692 shares in the last quarter. Finally, Sei Investments Co. lifted its position in shares of Westwood Holdings Group by 31.3% during the first quarter. Sei Investments Co. now owns 31,659 shares of the asset manager’s stock worth $521,000 after purchasing an additional 7,543 shares in the last quarter. 56.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently commented on WHG shares. Wall Street Zen raised Westwood Holdings Group to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings downgraded Westwood Holdings Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy”.

Check Out Our Latest Analysis on WHG

Westwood Holdings Group Company Profile

(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.

Featured Articles

• Five stocks we like better than Westwood Holdings Group
• SpaceX Rings the Bell and Shatters Every Record
• Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
• 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
• The 127-Gigawatt Problem: Why AI Needs Its Own Power

Receive News & Ratings for Westwood Holdings Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westwood Holdings Group and related companies with MarketBeat.com's FREE daily email newsletter.