Westwood Holdings Group Inc (WHG) To Go Ex-Dividend on March 3rd

Westwood Holdings Group Inc (NYSE:WHG) announced a quarterly dividend on Friday, February 13th. Investors of record on Tuesday, March 3rd will be given a dividend of 0.15 per share by the asset manager on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Tuesday, March 3rd.

Westwood Holdings Group has increased its dividend by an average of 0.1%annually over the last three years.

Westwood Holdings Group Stock Performance

Shares of WHG opened at $16.95 on Friday. The firm has a market cap of $159.45 million, a PE ratio of 21.45 and a beta of 0.76. The firm’s 50 day moving average price is $17.71 and its 200 day moving average price is $17.22. Westwood Holdings Group has a twelve month low of $14.00 and a twelve month high of $18.99.

Insider Activity

In other news, CEO Brian O. Casey sold 8,341 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $16.55, for a total transaction of $138,043.55. Following the transaction, the chief executive officer directly owned 492,359 shares in the company, valued at approximately $8,148,541.45. This represents a 1.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 11,456 shares of company stock valued at $189,201 in the last three months. Insiders own 8.20% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Settian Capital LP bought a new position in Westwood Holdings Group during the second quarter worth $6,708,000. JPMorgan Chase & Co. lifted its stake in shares of Westwood Holdings Group by 35.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,191 shares of the asset manager’s stock worth $168,000 after buying an additional 2,654 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of 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. Goldman Sachs Group Inc. acquired a new position in Westwood Holdings Group in the 4th quarter valued at about $199,000. Finally, Barclays PLC raised its holdings in Westwood Holdings Group by 10.6% in the 4th quarter. Barclays PLC now owns 12,396 shares of the asset manager’s stock valued at $213,000 after acquiring an additional 1,190 shares during the period. 56.64% of the stock is currently owned by institutional investors.

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.