Susan Byrne Sells 4,481 Shares of Westwood Holdings Group (NYSE:WHG) Stock

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 4,481 shares of the business’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $19.88, for a total value of $89,082.28. Following the sale, the director owned 230,444 shares in the company, valued at $4,581,226.72. This represents a 1.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Westwood Holdings Group Trading Down 4.6%

Shares of WHG stock opened at $19.41 on Thursday. The firm has a market capitalization of $184.15 million, a price-to-earnings ratio of 23.38 and a beta of 0.57. The business’s 50-day moving average price is $17.39 and its 200-day moving average price is $17.16. Westwood Holdings Group Inc has a 12 month low of $14.70 and a 12 month high of $20.97.

Westwood Holdings Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.60 annualized dividend and a dividend yield of 3.1%. Westwood Holdings Group’s dividend payout ratio (DPR) is presently 72.29%.

Analyst Ratings Changes

Several research analysts have commented on WHG shares. Wall Street Zen raised Westwood Holdings Group to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings cut Westwood Holdings Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 2nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of WHG. Allspring Global Investments Holdings LLC increased its stake in Westwood Holdings Group by 1.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 613,114 shares of the asset manager’s stock valued at $9,749,000 after purchasing an additional 6,302 shares in the last quarter. Gamco Investors INC. ET AL acquired a new stake in shares of Westwood Holdings Group in the 4th quarter valued at about $7,638,000. Vanguard Group Inc. increased its position in Westwood Holdings Group by 2.9% in the 3rd quarter. Vanguard Group Inc. now owns 397,265 shares of the asset manager’s stock valued at $6,551,000 after buying an additional 11,223 shares in the last quarter. North Star Investment Management Corp. increased its position in Westwood Holdings Group by 2.4% in the 1st quarter. North Star Investment Management Corp. now owns 380,809 shares of the asset manager’s stock valued at $6,272,000 after buying an additional 8,816 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Westwood Holdings Group by 1.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 279,685 shares of the asset manager’s stock worth $4,607,000 after buying an additional 5,169 shares during the period. 56.64% of the stock is 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.