Susan Byrne Sells 1,062 Shares of Westwood Holdings Group (NYSE:WHG) Stock

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 1,062 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $16.20, for a total value of $17,204.40. Following the transaction, the director owned 280,702 shares of the company’s stock, valued at $4,547,372.40. The trade was a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Westwood Holdings Group Price Performance

Shares of Westwood Holdings Group stock traded up $0.01 during trading on Thursday, hitting $16.38. 11,655 shares of the company were exchanged, compared to its average volume of 11,034. The firm has a market capitalization of $155.47 million, a P/E ratio of 19.74 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. The firm’s fifty day moving average price is $16.21 and its 200 day moving average price is $16.85.

Westwood Holdings Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 1st will be given a $0.15 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.60 annualized dividend and a dividend yield of 3.7%. Westwood Holdings Group’s payout ratio is currently 72.29%.

Institutional Investors Weigh In On Westwood Holdings Group

Several large investors have recently made changes to their positions in WHG. Gamco Investors INC. ET AL acquired a new stake in shares of Westwood Holdings Group in the 4th quarter valued at approximately $7,638,000. Geode Capital Management LLC boosted its holdings in shares of Westwood Holdings Group by 141.0% in the 2nd quarter. Geode Capital Management LLC now owns 161,205 shares of the asset manager’s stock valued at $2,515,000 after buying an additional 94,311 shares during the last quarter. Settian Capital LP boosted its holdings 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 buying an additional 40,507 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Westwood Holdings Group in the 1st quarter valued at approximately $366,000. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of Westwood Holdings Group in the 1st quarter valued at approximately $213,000. Institutional investors and hedge funds own 56.64% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on WHG shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Westwood Holdings Group in a research report on Friday, March 27th. Wall Street Zen upgraded Westwood Holdings Group to a “buy” rating in a research report on Saturday, May 16th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

About Westwood Holdings Group

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.