Westwood Holdings Group (NYSE:WHG) Director Susan Byrne Sells 1,091 Shares of Stock

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 1,091 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $19.17, for a total value of $20,914.47. Following the completion of the transaction, the director directly owned 239,017 shares in the company, valued at approximately $4,581,955.89. This represents a 0.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Westwood Holdings Group Price Performance

Shares of Westwood Holdings Group stock opened at $19.04 on Wednesday. The firm has a market cap of $180.66 million, a PE ratio of 22.94 and a beta of 0.61. Westwood Holdings Group Inc has a 1 year low of $14.70 and a 1 year high of $20.97. The stock has a fifty day moving average price of $16.99 and a 200-day moving average price of $17.08.

Westwood Holdings Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders 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 3.2%. The ex-dividend date is Monday, June 1st. Westwood Holdings Group’s payout ratio is presently 72.29%.

Analysts Set New Price Targets

WHG has been the topic of a number of research reports. Wall Street Zen raised shares of Westwood Holdings Group to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings lowered Westwood Holdings Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 2nd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Institutional Trading of Westwood Holdings Group

Several hedge funds and other institutional investors have recently modified their holdings of the business. Gamco Investors INC. ET AL bought a new stake in shares of Westwood Holdings Group during the fourth quarter valued at about $7,638,000. North Star Investment Management Corp. grew its stake in Westwood Holdings Group by 1.2% during the fourth quarter. North Star Investment Management Corp. now owns 371,993 shares of the asset manager’s stock valued at $6,402,000 after acquiring an additional 4,516 shares in the last quarter. Peapod Lane Capital LLC grew its stake in Westwood Holdings Group by 0.7% during the fourth quarter. Peapod Lane Capital LLC now owns 88,680 shares of the asset manager’s stock valued at $1,526,000 after acquiring an additional 642 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Westwood Holdings Group by 35.2% during the third quarter. JPMorgan Chase & Co. now owns 10,191 shares of the asset manager’s stock valued at $168,000 after acquiring an additional 2,654 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its holdings in Westwood Holdings Group by 2.2% during the 4th 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 during the period. Institutional investors own 56.64% of the company’s stock.

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.