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

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 1,900 shares of Westwood Holdings Group stock in a transaction 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 transaction, the director owned 272,721 shares in the company, valued at $4,761,708.66. The trade was a 0.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Westwood Holdings Group Price Performance

Shares of WHG stock opened at $17.58 on Friday. Westwood Holdings Group Inc has a 12 month low of $14.70 and a 12 month high of $18.99. The firm has a market capitalization of $166.82 million, a P/E ratio of 21.18 and a beta of 0.61. The company’s fifty day moving average price is $16.43 and its two-hundred day moving average price is $16.90.

Westwood Holdings Group Announces Dividend

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 3.4%. Westwood Holdings Group’s payout ratio is currently 72.29%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. 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 upgraded shares of Westwood Holdings Group to a “buy” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Westwood Holdings Group presently has a consensus rating of “Buy”.

Institutional Investors Weigh In On Westwood Holdings Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Peapod Lane Capital LLC increased its position in shares of Westwood Holdings Group by 0.7% in the 4th quarter. Peapod Lane Capital LLC now owns 88,680 shares of the asset manager’s stock worth $1,526,000 after purchasing an additional 642 shares during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. increased its position 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 worth $184,000 after purchasing an additional 692 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Westwood Holdings Group by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 163,166 shares of the asset manager’s stock worth $2,808,000 after purchasing an additional 896 shares during the last quarter. Bank of America Corp DE increased its position in shares of Westwood Holdings Group by 1.9% in the 1st 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 during the last quarter. Finally, Barclays PLC increased its position in shares of Westwood Holdings Group by 10.6% in the 4th quarter. Barclays PLC now owns 12,396 shares of the asset manager’s stock worth $213,000 after purchasing an additional 1,190 shares during the last quarter. 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.