Westwood Holdings Group (NYSE:WHG) Director Sells $11,417.00 in Stock

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 700 shares of the business’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $16.31, for a total value of $11,417.00. Following the transaction, the director directly owned 302,650 shares in the company, valued at approximately $4,936,221.50. This trade represents a 0.23% 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 traded up $0.27 during trading on Wednesday, reaching $16.48. 8,677 shares of the company’s stock were exchanged, compared to its average volume of 13,948. The business has a 50 day moving average price of $16.68 and a 200-day moving average price of $16.91. The stock has a market capitalization of $156.23 million, a P/E ratio of 20.86 and a beta of 0.76. Westwood Holdings Group Inc has a fifty-two week low of $14.51 and a fifty-two week high of $18.99.

Westwood Holdings Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Tuesday, March 3rd were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Tuesday, March 3rd. Westwood Holdings Group’s payout ratio is 75.95%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Peapod Lane Capital LLC raised its position in Westwood Holdings Group by 0.7% during the 4th quarter. Peapod Lane Capital LLC now owns 88,680 shares of the asset manager’s stock worth $1,526,000 after purchasing an additional 642 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Westwood Holdings Group by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 163,166 shares of the asset manager’s stock valued at $2,808,000 after buying an additional 896 shares during the period. Barclays PLC grew its stake in shares of 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 buying an additional 1,190 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Westwood Holdings Group by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 274,516 shares of the asset manager’s stock valued at $4,724,000 after buying an additional 1,428 shares during the period. Finally, Garner Asset Management Corp lifted its position in Westwood Holdings Group by 1.5% in the 3rd quarter. Garner Asset Management Corp now owns 135,211 shares of the asset manager’s stock valued at $2,230,000 after acquiring an additional 2,027 shares in the last quarter. 56.64% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Westwood Holdings Group in a research report on Friday, March 27th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

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.