Westwood Holdings Group (NYSE:WHG) Director Sells $11,298.00 in Stock

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 700 shares of Westwood Holdings Group stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $16.14, for a total value of $11,298.00. Following the transaction, the director directly owned 294,009 shares in the company, valued at $4,745,305.26. The trade was a 0.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Westwood Holdings Group Trading Down 0.5%

Shares of WHG opened at $16.34 on Monday. The company has a market capitalization of $154.86 million, a PE ratio of 20.68 and a beta of 0.76. Westwood Holdings Group Inc has a 12 month low of $14.51 and a 12 month high of $18.99. The stock’s 50-day moving average price is $16.30 and its two-hundred day moving average price is $16.88.

Westwood Holdings Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Tuesday, March 3rd were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, March 3rd. This represents a $0.60 annualized dividend and a yield of 3.7%. Westwood Holdings Group’s payout ratio is presently 75.95%.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Settian Capital LP lifted its stake in shares of 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 purchasing an additional 40,507 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of Westwood Holdings Group by 0.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 593,753 shares of the asset manager’s stock valued at $9,797,000 after purchasing an additional 5,033 shares during the period. Gamco Investors INC. ET AL acquired a new position in shares of Westwood Holdings Group in the 4th quarter valued at about $7,638,000. North Star Investment Management Corp. lifted its stake in shares of Westwood Holdings Group by 1.2% in the 4th quarter. North Star Investment Management Corp. now owns 371,993 shares of the asset manager’s stock valued at $6,402,000 after purchasing an additional 4,516 shares during the period. Finally, Peapod Lane Capital LLC lifted its stake in shares of Westwood Holdings Group by 0.7% in the 4th quarter. Peapod Lane Capital LLC now owns 88,680 shares of the asset manager’s stock valued at $1,526,000 after purchasing an additional 642 shares during the period. 56.64% of the stock is owned by institutional investors and hedge funds.

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.