JPMorgan Chase & Co. Acquires 4,659 Shares of Westwood Holdings Group, Inc. (NYSE:WHG)

JPMorgan Chase & Co. grew its position in Westwood Holdings Group, Inc. (NYSE:WHG) by 28.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,756 shares of the asset manager’s stock after purchasing an additional 4,659 shares during the period. JPMorgan Chase & Co. owned about 0.24% of Westwood Holdings Group worth $379,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WHG. Advisor Group Inc. bought a new position in shares of Westwood Holdings Group in the 4th quarter valued at about $34,000. Great West Life Assurance Co. Can acquired a new position in shares of Westwood Holdings Group in the 4th quarter valued at approximately $40,000. Victory Capital Management Inc. raised its position in shares of Westwood Holdings Group by 131.2% in the 4th quarter. Victory Capital Management Inc. now owns 3,472 shares of the asset manager’s stock valued at $103,000 after buying an additional 1,970 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. acquired a new position in Westwood Holdings Group during the 1st quarter worth approximately $201,000. Finally, Barclays PLC increased its position in Westwood Holdings Group by 95.8% during the 4th quarter. Barclays PLC now owns 9,170 shares of the asset manager’s stock worth $272,000 after purchasing an additional 4,486 shares in the last quarter. Institutional investors own 72.12% of the company’s stock.

NYSE:WHG opened at $15.48 on Wednesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 8.24 and a current ratio of 8.24. Westwood Holdings Group, Inc. has a 52 week low of $10.50 and a 52 week high of $35.57. The firm’s fifty day moving average is $17.85 and its 200-day moving average is $23.11. The firm has a market cap of $120.96 million, a P/E ratio of 19.85 and a beta of 1.46.

Westwood Holdings Group (NYSE:WHG) last released its quarterly earnings data on Wednesday, April 29th. The asset manager reported $0.19 earnings per share for the quarter. The firm had revenue of $16.67 million for the quarter. Westwood Holdings Group had a net margin of 8.61% and a return on equity of 5.82%.

Westwood Holdings Group Profile

Westwood Holdings Group, Inc, through its subsidiaries, manages investment assets and provides services for its clients. The company operates in two segments, Advisory and Trust. The Advisory segment provides investment advisory services to corporate retirement plans, public retirement plans, endowments, foundations, individuals, and the Westwood Funds; and investment sub-advisory services to mutual funds, pooled investment vehicles, and its Trust segment.

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Institutional Ownership by Quarter for Westwood Holdings Group (NYSE:WHG)

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