Westwood Holdings Group Inc (NYSE:WHG – Get Free Report) Director Susan Byrne sold 1,549 shares of Westwood Holdings Group stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $18.35, for a total value of $28,424.15. Following the completion of the sale, the director directly owned 256,811 shares of the company’s stock, valued at approximately $4,712,481.85. This represents a 0.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Westwood Holdings Group Trading Down 2.6%
Shares of WHG traded down $0.48 during mid-day trading on Monday, reaching $18.10. The company had a trading volume of 52,922 shares, compared to its average volume of 12,837. Westwood Holdings Group Inc has a fifty-two week low of $14.70 and a fifty-two week high of $18.99. The firm has a fifty day simple moving average of $16.65 and a 200-day simple moving average of $16.95. The stock has a market cap of $171.77 million, a price-to-earnings ratio of 21.81 and a beta of 0.61.
Westwood Holdings Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 1st will be issued a $0.15 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.60 dividend on an annualized basis and a yield of 3.3%. Westwood Holdings Group’s payout ratio is currently 72.29%.
Analyst Ratings Changes
Get Our Latest Stock Report on Westwood Holdings Group
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Westwood Holdings Group in the 2nd quarter worth approximately $63,000. Raymond James Financial Inc. acquired a new position in shares of Westwood Holdings Group during the second quarter valued at approximately $85,000. New York State Common Retirement Fund bought a new stake in Westwood Holdings Group during the second quarter worth approximately $98,000. JPMorgan Chase & Co. raised its holdings in Westwood Holdings Group by 1,277.9% during the second quarter. JPMorgan Chase & Co. now owns 7,537 shares of the asset manager’s stock worth $118,000 after purchasing an additional 6,990 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in Westwood Holdings Group by 39.9% in the fourth quarter. Wells Fargo & Company MN now owns 10,032 shares of the asset manager’s stock worth $173,000 after purchasing an additional 2,861 shares during the period. Institutional investors own 56.64% of the company’s stock.
Westwood Holdings Group Company Profile
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.
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