Key Points
- Director Susan Byrne sold 700 shares on April 24 at an average price of $16.14 for a total of $11,298, leaving her with 294,009 shares (a 0.24% reduction); the trade was disclosed in an SEC filing.
- Westwood declared and paid a quarterly dividend of $0.15 (annualized $0.60), representing a 3.7% yield and a 75.95% payout ratio, with an ex-dividend date of March 3 and payment on April 1.
- WHG shares opened at $16.34 (up 2.0%), trade in a 52-week range of $14.51–$18.99, have a market cap of $154.86 million and a P/E of 20.68, and are 56.64% owned by institutional investors.
Westwood Holdings Group Inc (NYSE:WHG - Get Free Report) Director Susan Byrne sold 700 shares of the company's stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $16.14, for a total transaction of $11,298.00. Following the transaction, the director owned 294,009 shares in the company, valued at approximately $4,745,305.26. This trade represents a 0.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Westwood Holdings Group Stock Up 2.0%
WHG opened at $16.34 on Friday. Westwood Holdings Group Inc has a 52-week low of $14.51 and a 52-week high of $18.99. The firm's 50-day moving average price is $16.30 and its 200-day moving average price is $16.88. The company has a market cap of $154.86 million, a P/E ratio of 20.68 and a beta of 0.76.
Westwood Holdings Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Tuesday, March 3rd were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.7%. The ex-dividend date was Tuesday, March 3rd. Westwood Holdings Group's dividend payout ratio is 75.95%.
Hedge Funds Weigh In On Westwood Holdings Group
Several hedge funds and other institutional investors have recently bought and sold shares of the business. North Star Investment Management Corp. increased its holdings in Westwood Holdings Group by 2.4% in the 1st quarter. North Star Investment Management Corp. now owns 380,809 shares of the asset manager's stock worth $6,272,000 after buying an additional 8,816 shares during the period. Empowered Funds LLC boosted its position in Westwood Holdings Group by 9.6% in the 4th quarter. Empowered Funds LLC now owns 38,337 shares of the asset manager's stock worth $660,000 after purchasing an additional 3,368 shares in the last quarter. Bridgeway Capital Management LLC boosted its position in Westwood Holdings Group by 3.7% in the 4th quarter. Bridgeway Capital Management LLC now owns 93,789 shares of the asset manager's stock worth $1,614,000 after purchasing an additional 3,368 shares in the last quarter. Barclays PLC boosted its position in 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 in the last quarter. Finally, State Street Corp boosted its position in Westwood Holdings Group by 6.7% in the 4th quarter. State Street Corp now owns 86,726 shares of the asset manager's stock worth $1,505,000 after purchasing an additional 5,447 shares in the last quarter. Institutional investors and hedge funds own 56.64% of the company's stock.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a "buy (b)" rating on shares of Westwood Holdings Group in a report on Friday, March 27th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy".
Check Out Our Latest Research Report on Westwood Holdings Group
Westwood Holdings Group Company Profile
(
Get Free Report)
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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