Westwood Holdings Group (NYSE:WHG) Director Sells $24,675.00 in Stock

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $16.45, for a total value of $24,675.00. Following the completion of the transaction, the director directly owned 297,244 shares in the company, valued at $4,889,663.80. The trade was a 0.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Westwood Holdings Group Price Performance

Shares of WHG opened at $16.75 on Friday. The company has a market capitalization of $158.79 million, a P/E ratio of 21.20 and a beta of 0.76. Westwood Holdings Group Inc has a one year low of $14.51 and a one year high of $18.99. The business’s 50 day simple moving average is $16.45 and its 200-day simple moving average is $16.89.

Westwood Holdings Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Tuesday, March 3rd were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, March 3rd. This represents a $0.60 annualized dividend and a yield of 3.6%. Westwood Holdings Group’s dividend payout ratio is presently 75.95%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of Westwood Holdings Group in a research note on Friday, March 27th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy”.

Institutional Trading of Westwood Holdings Group

Several hedge funds have recently added to or reduced their stakes in WHG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Westwood Holdings Group during the 2nd quarter worth $63,000. Raymond James Financial Inc. acquired a new stake in Westwood Holdings Group during the 2nd quarter worth $85,000. New York State Common Retirement Fund acquired a new stake in Westwood Holdings Group during the 2nd quarter worth $98,000. JPMorgan Chase & Co. raised its stake in Westwood Holdings Group by 1,277.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,537 shares of the asset manager’s stock worth $118,000 after buying an additional 6,990 shares during the period. Finally, Wells Fargo & Company MN raised its stake in Westwood Holdings Group by 39.9% during the 4th quarter. Wells Fargo & Company MN now owns 10,032 shares of the asset manager’s stock worth $173,000 after buying an additional 2,861 shares during the period. Institutional investors and hedge funds 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.