Westwood Holdings Group Inc (NYSE:WHG – Get Free Report) Director Susan Byrne sold 7,129 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $20.03, for a total value of $142,793.87. Following the completion of the transaction, the director owned 240,108 shares in the company, valued at approximately $4,809,363.24. The trade was a 2.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Westwood Holdings Group Price Performance
NYSE:WHG opened at $19.75 on Friday. The company has a market capitalization of $187.47 million, a P/E ratio of 23.80 and a beta of 0.57. The business has a fifty day simple moving average of $17.11 and a two-hundred day simple moving average of $17.11. Westwood Holdings Group Inc has a 1 year low of $14.70 and a 1 year high of $20.97.
Westwood Holdings Group Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 1st were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Monday, June 1st. Westwood Holdings Group’s payout ratio is currently 72.29%.
Analysts Set New Price Targets
Read Our Latest Stock Report on Westwood Holdings Group
Institutional Trading of Westwood Holdings Group
A number of institutional investors have recently added to or reduced their stakes in WHG. Gamco Investors INC. ET AL bought a new stake in shares of Westwood Holdings Group during the fourth quarter valued at about $7,638,000. Empowered Funds LLC grew its position in shares of Westwood Holdings Group by 9.6% during the 4th quarter. Empowered Funds LLC now owns 38,337 shares of the asset manager’s stock valued at $660,000 after purchasing an additional 3,368 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Westwood Holdings Group in the first quarter worth $213,000. Wells Fargo & Company MN grew its holdings in shares of Westwood Holdings Group by 39.9% during 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 in the last quarter. Finally, New York State Common Retirement Fund bought a new stake in Westwood Holdings Group during the second quarter valued at approximately $98,000. Hedge funds and other institutional investors own 56.64% of the company’s stock.
About Westwood Holdings Group
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
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
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.
