Westwood Holdings Group (NYSE:WHG) Director Sells $33,174.00 in Stock

Westwood Holdings Group Inc (NYSE:WHG – Get Free Report) Director Susan Byrne sold 1,900 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $17.46, for a total transaction of $33,174.00. Following the completion of the sale, the director directly owned 272,721 shares of the company’s stock, valued at approximately $4,761,708.66. This represents a 0.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Westwood Holdings Group Trading Up 2.5%

Shares of Westwood Holdings Group stock traded up $0.43 during midday trading on Tuesday, reaching $17.46. The company had a trading volume of 23,752 shares, compared to its average volume of 11,376. The company has a market capitalization of $165.65 million, a price-to-earnings ratio of 21.03 and a beta of 0.61. The stock has a fifty day simple moving average of $16.39 and a 200 day simple moving average of $16.88. Westwood Holdings Group Inc has a 1-year low of $14.70 and a 1-year high of $18.99.

Get Westwood Holdings Group alerts:

Westwood Holdings Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 1st will be issued a $0.15 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.4%. Westwood Holdings Group’s dividend payout ratio (DPR) is currently 72.29%.

Institutional Trading of Westwood Holdings Group

Several institutional investors and hedge funds have recently made changes to their positions in the business. Bank of America Corp DE raised its position in shares of Westwood Holdings Group by 1.9% during the 1st quarter. Bank of America Corp DE now owns 55,856 shares of the asset manager’s stock valued at $920,000 after acquiring an additional 1,018 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Westwood Holdings Group by 9.3% in the 1st quarter. Empowered Funds LLC now owns 41,898 shares of the asset manager’s stock valued at $690,000 after buying an additional 3,561 shares during the period. Gabelli Funds LLC grew its holdings in shares of Westwood Holdings Group by 6.5% in the 1st quarter. Gabelli Funds LLC now owns 82,210 shares of the asset manager’s stock valued at $1,354,000 after buying an additional 5,004 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. grew its holdings in shares of Westwood Holdings Group by 6.6% in the 1st quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 11,192 shares of the asset manager’s stock valued at $184,000 after buying an additional 692 shares during the period. Finally, Sei Investments Co. grew its holdings in shares of Westwood Holdings Group by 31.3% in the 1st quarter. Sei Investments Co. now owns 31,659 shares of the asset manager’s stock valued at $521,000 after buying an additional 7,543 shares during the period. Institutional investors own 56.64% of the company’s stock.

Analyst Upgrades and Downgrades

WHG has been the subject of a number of research reports. Weiss Ratings lowered shares of Westwood Holdings Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 2nd. Wall Street Zen raised shares of Westwood Holdings Group to a “buy” rating in a report on Saturday, May 16th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Westwood Holdings Group presently has an average rating of “Buy”.

Read Our Latest Report on WHG

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.

Featured Stories

• Five stocks we like better than Westwood Holdings Group
• The Bank of Mom and Dad Is Booming—3 Stocks to Watch
• Corning Is Paving AI’s Future With Glass
• Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
• Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer

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.