Westwood Holdings Group (NYSE:WHG) Director Sells $57,519.00 in Stock

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 3,300 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $17.43, for a total value of $57,519.00. Following the sale, the director owned 267,621 shares in the company, valued at approximately $4,664,634.03. This represents a 1.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Westwood Holdings Group Price Performance

NYSE:WHG opened at $17.84 on Monday. The company has a market cap of $169.34 million, a P/E ratio of 21.50 and a beta of 0.61. The stock’s fifty day moving average price is $16.47 and its two-hundred day moving average price is $16.91. Westwood Holdings Group Inc has a 1 year low of $14.70 and a 1 year high of $18.99.

Westwood Holdings Group Dividend Announcement

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

Analyst Upgrades and Downgrades

WHG has been the topic of several recent research reports. Weiss Ratings downgraded Westwood Holdings Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. Wall Street Zen upgraded Westwood Holdings Group to a “buy” rating in a research report on Saturday, May 16th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Westwood Holdings Group presently has a consensus rating of “Buy”.

Institutional Investors Weigh In On Westwood Holdings Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Peapod Lane Capital LLC increased its stake in Westwood Holdings Group by 0.7% in the fourth quarter. Peapod Lane Capital LLC now owns 88,680 shares of the asset manager’s stock valued at $1,526,000 after acquiring an additional 642 shares during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. increased its stake in Westwood Holdings Group by 6.6% in the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 11,192 shares of the asset manager’s stock valued at $184,000 after acquiring an additional 692 shares during the last quarter. Geode Capital Management LLC increased its stake in Westwood Holdings Group by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 163,166 shares of the asset manager’s stock valued at $2,808,000 after acquiring an additional 896 shares during the last quarter. Bank of America Corp DE increased its stake in Westwood Holdings Group by 1.9% in the first 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. Finally, Barclays PLC increased its stake in Westwood Holdings Group by 10.6% in the fourth quarter. Barclays PLC now owns 12,396 shares of the asset manager’s stock valued at $213,000 after acquiring an additional 1,190 shares during the last quarter. Hedge funds and other 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.