Westwood Holdings Group (WHG) Getting Somewhat Negative News Coverage, Report Finds
News headlines about Westwood Holdings Group (NYSE:WHG) have trended somewhat negative recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Westwood Holdings Group earned a media sentiment score of -0.02 on Accern’s scale. Accern also assigned news articles about the asset manager an impact score of 45.6618484459786 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Westwood Holdings Group (NYSE WHG) traded up 2.04% during midday trading on Friday, hitting $63.39. 21,440 shares of the stock traded hands. Westwood Holdings Group has a 52 week low of $49.90 and a 52 week high of $63.99. The stock has a market capitalization of $563.73 million, a P/E ratio of 19.81 and a beta of 1.52. The stock’s 50-day moving average price is $59.67 and its 200-day moving average price is $56.63.
The firm also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 8th will be paid a $0.62 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $2.48 annualized dividend and a dividend yield of 3.91%. Westwood Holdings Group’s payout ratio is 77.50%.
Separately, ValuEngine raised shares of Westwood Holdings Group from a “hold” rating to a “buy” rating in a research report on Monday, August 14th.
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In related news, Vice Chairman Susan M. Byrne sold 7,387 shares of the stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $60.06, for a total value of $443,663.22. Following the completion of the transaction, the insider now directly owns 279,178 shares in the company, valued at approximately $16,767,430.68. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Vice Chairman Susan M. Byrne sold 14,900 shares of the stock in a transaction dated Friday, July 14th. The stock was sold at an average price of $58.03, for a total transaction of $864,647.00. Following the completion of the transaction, the insider now owns 299,747 shares of the company’s stock, valued at $17,394,318.41. The disclosure for this sale can be found here. Over the last quarter, insiders sold 49,862 shares of company stock valued at $3,000,867. 9.60% of the stock is owned by company insiders.
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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