Westwood Holdings Group, Inc. (WHG) Shares Bought by Aperio Group LLC
Aperio Group LLC grew its stake in Westwood Holdings Group, Inc. (NYSE:WHG) by 38.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,346 shares of the asset manager’s stock after purchasing an additional 1,747 shares during the period. Aperio Group LLC’s holdings in Westwood Holdings Group were worth $420,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Wells Fargo & Company MN boosted its stake in shares of Westwood Holdings Group by 0.5% in the 3rd quarter. Wells Fargo & Company MN now owns 639,005 shares of the asset manager’s stock valued at $42,984,000 after purchasing an additional 3,096 shares in the last quarter. Bessemer Group Inc. acquired a new stake in shares of Westwood Holdings Group in the 3rd quarter valued at approximately $262,000. Comerica Bank acquired a new stake in shares of Westwood Holdings Group in the 3rd quarter valued at approximately $396,000. Goldman Sachs Group Inc. acquired a new stake in shares of Westwood Holdings Group in the 2nd quarter valued at approximately $559,000. Finally, Vanguard Group Inc. boosted its stake in shares of Westwood Holdings Group by 6.3% in the 2nd quarter. Vanguard Group Inc. now owns 334,924 shares of the asset manager’s stock valued at $18,988,000 after purchasing an additional 19,756 shares in the last quarter. Institutional investors own 67.13% of the company’s stock.
Separately, TheStreet downgraded shares of Westwood Holdings Group from a “b” rating to a “c+” rating in a research note on Friday, February 9th.
Shares of Westwood Holdings Group, Inc. (WHG) opened at $55.35 on Monday. Westwood Holdings Group, Inc. has a one year low of $51.41 and a one year high of $71.00. The firm has a market cap of $492.50, a P/E ratio of 23.16 and a beta of 1.60.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Friday, March 9th will be paid a $0.68 dividend. The ex-dividend date is Thursday, March 8th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.91%. Westwood Holdings Group’s payout ratio is currently 113.81%.
TRADEMARK VIOLATION WARNING: “Westwood Holdings Group, Inc. (WHG) Shares Bought by Aperio Group LLC” was first reported by Daily Political and is owned by of Daily Political. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The original version of this piece of content can be accessed at https://www.dailypolitical.com/2018/03/05/westwood-holdings-group-inc-whg-shares-bought-by-aperio-group-llc.html.
About Westwood Holdings Group
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.
Want to see what other hedge funds are holding WHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Westwood Holdings Group, Inc. (NYSE:WHG).
Receive News & Ratings for Westwood Holdings Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westwood Holdings Group and related companies with MarketBeat.com's FREE daily email newsletter.