Westwood Holdings Group, Inc. (WHG) General Counsel Sells $66,320.00 in Stock
Westwood Holdings Group, Inc. (NYSE:WHG) General Counsel Julie Kramer Gerron sold 1,000 shares of the business’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $66.32, for a total transaction of $66,320.00. Following the completion of the sale, the general counsel now directly owns 31,631 shares in the company, valued at approximately $2,097,767.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Julie Kramer Gerron also recently made the following trade(s):
- On Thursday, January 4th, Julie Kramer Gerron sold 2,987 shares of Westwood Holdings Group stock. The stock was sold at an average price of $66.99, for a total transaction of $200,099.13.
Westwood Holdings Group, Inc. (WHG) traded down $0.65 during midday trading on Friday, reaching $67.09. 29,749 shares of the company’s stock traded hands, compared to its average volume of 22,692. Westwood Holdings Group, Inc. has a 1 year low of $51.41 and a 1 year high of $71.00. The company has a market capitalization of $596.05, a price-to-earnings ratio of 22.59 and a beta of 1.54.
The company also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th were given a dividend of $0.68 per share. This is a positive change from Westwood Holdings Group’s previous quarterly dividend of $0.62. This represents a $2.72 annualized dividend and a yield of 4.05%. The ex-dividend date of this dividend was Thursday, December 7th. Westwood Holdings Group’s dividend payout ratio is 91.58%.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Russell Investments Group Ltd. raised its position in Westwood Holdings Group by 12.8% during the second quarter. Russell Investments Group Ltd. now owns 3,611 shares of the asset manager’s stock worth $205,000 after acquiring an additional 410 shares in the last quarter. Thrivent Financial For Lutherans bought a new stake in Westwood Holdings Group during the second quarter worth $246,000. Bessemer Group Inc. bought a new stake in Westwood Holdings Group during the third quarter worth $262,000. Nationwide Fund Advisors raised its position in Westwood Holdings Group by 2.1% during the second quarter. Nationwide Fund Advisors now owns 4,636 shares of the asset manager’s stock worth $263,000 after acquiring an additional 95 shares in the last quarter. Finally, Voya Investment Management LLC raised its position in Westwood Holdings Group by 9.3% during the second quarter. Voya Investment Management LLC now owns 5,729 shares of the asset manager’s stock worth $325,000 after acquiring an additional 486 shares in the last quarter. 66.91% of the stock is currently owned by hedge funds and other institutional investors.
Westwood Holdings Group Company Profile
Westwood Holdings Group, Inc (Westwood) is a holding company. The Company operates through two segments: Advisory and Trust. The Company, through its subsidiaries, manages investment assets and provides services for its clients. Its subsidiaries include Westwood Management Corp. and Westwood Advisors, LLC (together, Westwood Management), Westwood International Advisors Inc (Westwood International) and Westwood Trust.
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