Insider Selling: Westwood Holdings Group (NYSE:WHG) CFO Sells $46,372.98 in Stock

Westwood Holdings Group Inc (NYSE:WHG) CFO Murray Forbes III sold 2,859 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $16.22, for a total value of $46,372.98. Following the transaction, the chief financial officer directly owned 65,826 shares of the company’s stock, valued at $1,067,697.72. The trade was a 4.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Westwood Holdings Group Price Performance

NYSE WHG opened at $15.78 on Monday. The stock’s 50 day simple moving average is $17.38 and its 200-day simple moving average is $17.08. The company has a market cap of $149.59 million, a PE ratio of 19.97 and a beta of 0.72. Westwood Holdings Group Inc has a 1-year low of $14.37 and a 1-year high of $18.99.

Westwood Holdings Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Tuesday, March 3rd will be issued a $0.15 dividend. The ex-dividend date is Tuesday, March 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 3.8%. Westwood Holdings Group’s dividend payout ratio (DPR) is presently 75.95%.

Westwood Holdings Group News Roundup

Here are the key news stories impacting Westwood Holdings Group this week:

• Negative Sentiment: Multiple senior insiders sold shares the same day — CEO Brian O. Casey sold 18,943 shares (~$307,255), reducing his stake by ~3.45%. Read More.
• Negative Sentiment: President Fabian Gomez sold 6,223 shares (~$100,937), a ~4.83% cut to his holdings. Read More.
• Negative Sentiment: Other officers also sold: Adrian Helfert sold 10,772 shares (~$174,722, ~6.21% of his position) and Matthew Lockridge sold 5,379 shares (~$87,247, ~6.46% of his position). Read More. Read More.
• Negative Sentiment: CFO Murray Forbes III sold 2,859 shares (~$46,373), a ~4.16% reduction to his stake. Read More.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Westwood Holdings Group in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WHG. Empowered Funds LLC grew its position in shares of Westwood Holdings Group by 9.6% in the fourth quarter. Empowered Funds LLC now owns 38,337 shares of the asset manager’s stock valued at $660,000 after purchasing an additional 3,368 shares in the last quarter. Bridgeway Capital Management LLC lifted its position in Westwood Holdings Group by 3.7% during the fourth quarter. Bridgeway Capital Management LLC now owns 93,789 shares of the asset manager’s stock worth $1,614,000 after buying an additional 3,368 shares in the last quarter. Barclays PLC boosted its stake in Westwood Holdings Group by 10.6% during the fourth quarter. Barclays PLC now owns 12,396 shares of the asset manager’s stock worth $213,000 after buying an additional 1,190 shares during the last quarter. State Street Corp boosted its stake in Westwood Holdings Group by 6.7% during the fourth quarter. State Street Corp now owns 86,726 shares of the asset manager’s stock worth $1,505,000 after buying an additional 5,447 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in Westwood Holdings Group by 39.9% in the 4th quarter. Wells Fargo & Company MN now owns 10,032 shares of the asset manager’s stock valued at $173,000 after buying an additional 2,861 shares in the last quarter. 56.64% of the stock is currently owned by institutional investors and hedge funds.

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.