Westwood Holdings Group (NYSE:WHG) Director Sells $12,211.78 in Stock

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 733 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $16.66, for a total transaction of $12,211.78. Following the completion of the sale, the director directly owned 293,276 shares in the company, valued at $4,885,978.16. This represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Westwood Holdings Group Price Performance

Shares of WHG opened at $16.01 on Friday. The firm’s 50 day simple moving average is $16.27 and its 200 day simple moving average is $16.89. The company has a market capitalization of $151.73 million, a P/E ratio of 20.26 and a beta of 0.62. Westwood Holdings Group Inc has a 1-year low of $14.51 and a 1-year high of $18.99.

Westwood Holdings Group (NYSE:WHG) last announced its earnings results on Thursday, April 30th. The asset manager reported $0.31 earnings per share for the quarter. The business had revenue of $24.97 million for the quarter. Westwood Holdings Group had a net margin of 7.40% and a return on equity of 8.36%.

Westwood Holdings Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 1st will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Monday, June 1st. Westwood Holdings Group’s dividend payout ratio (DPR) is currently 75.95%.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC raised its stake in shares of Westwood Holdings Group by 2.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 606,812 shares of the asset manager’s stock worth $10,698,000 after acquiring an additional 13,059 shares in the last quarter. Settian Capital LP raised its stake in shares of Westwood Holdings Group by 9.4% during the third quarter. Settian Capital LP now owns 470,515 shares of the asset manager’s stock worth $7,759,000 after acquiring an additional 40,507 shares in the last quarter. Gamco Investors INC. ET AL purchased a new position in shares of Westwood Holdings Group during the fourth quarter worth approximately $7,638,000. Vanguard Group Inc. raised its stake in shares of Westwood Holdings Group by 2.9% during the third quarter. Vanguard Group Inc. now owns 397,265 shares of the asset manager’s stock worth $6,551,000 after acquiring an additional 11,223 shares in the last quarter. Finally, North Star Investment Management Corp. raised its stake in shares of Westwood Holdings Group by 2.4% during the first quarter. North Star Investment Management Corp. now owns 380,809 shares of the asset manager’s stock worth $6,272,000 after acquiring an additional 8,816 shares in the last quarter. 56.64% of the stock is owned by hedge funds and other 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.