Westwood Holdings Group (NYSE:WHG) Director Susan Byrne Sells 607 Shares

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 607 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $17.11, for a total value of $10,385.77. Following the sale, the director owned 274,621 shares in the company, valued at approximately $4,698,765.31. This trade represents a 0.22% decrease in their ownership of the stock. The transaction was disclosed in a legal 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 Price Performance

NYSE WHG opened at $17.46 on Wednesday. The firm has a market cap of $165.65 million, a PE ratio of 21.03 and a beta of 0.61. Westwood Holdings Group Inc has a one year low of $14.70 and a one year high of $18.99. The stock’s 50 day simple moving average is $16.39 and its 200 day simple moving average is $16.88.

Westwood Holdings Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors 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 dividend on an annualized basis and a yield of 3.4%. Westwood Holdings Group’s dividend payout ratio is 72.29%.

Analyst Ratings Changes

A number of brokerages have commented on WHG. Wall Street Zen upgraded Westwood Holdings Group to a “buy” rating in a research report on Saturday, May 16th. Weiss Ratings lowered Westwood Holdings Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy”.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of WHG. Gamco Investors INC. ET AL bought a new position in Westwood Holdings Group in the 4th quarter valued at $7,638,000. Geode Capital Management LLC boosted its position in Westwood Holdings Group by 141.0% in the 2nd quarter. Geode Capital Management LLC now owns 161,205 shares of the asset manager’s stock valued at $2,515,000 after buying an additional 94,311 shares during the last quarter. Settian Capital LP boosted its position in Westwood Holdings Group by 9.4% in the 3rd quarter. Settian Capital LP now owns 470,515 shares of the asset manager’s stock valued at $7,759,000 after buying an additional 40,507 shares during the last quarter. Jane Street Group LLC bought a new position in Westwood Holdings Group in the 1st quarter valued at $366,000. Finally, Goldman Sachs Group Inc. bought a new position in Westwood Holdings Group in the 1st quarter valued at $213,000. 56.64% of the stock is currently owned by institutional investors.

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.