Westwood Holdings Group (NYSE:WHG) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Westwood Holdings Group Inc (NYSE:WHG) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $17.16 and traded as low as $14.73. Westwood Holdings Group shares last traded at $15.7210, with a volume of 17,332 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Westwood Holdings Group in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy”.

Westwood Holdings Group Trading Up 3.8%

The firm has a 50 day moving average of $17.52 and a 200-day moving average of $17.16. The company has a market cap of $149.04 million, a P/E ratio of 19.90 and a beta of 0.72.

Westwood Holdings Group Dividend Announcement

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

Insider Activity at Westwood Holdings Group

In other news, CEO Brian O. Casey sold 8,341 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $16.55, for a total value of $138,043.55. Following the transaction, the chief executive officer owned 492,359 shares of the company’s stock, valued at approximately $8,148,541.45. The trade was a 1.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 8.20% of the company’s stock.

Hedge Funds Weigh In On Westwood Holdings Group

Several institutional investors have recently bought and sold shares of the stock. Peapod Lane Capital LLC increased its holdings in Westwood Holdings Group by 0.7% in the 4th quarter. Peapod Lane Capital LLC now owns 88,680 shares of the asset manager’s stock valued at $1,526,000 after acquiring an additional 642 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Westwood Holdings Group by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 163,166 shares of the asset manager’s stock valued at $2,808,000 after purchasing an additional 896 shares during the last quarter. Barclays PLC boosted its holdings in shares of Westwood Holdings Group by 10.6% during the 4th quarter. Barclays PLC now owns 12,396 shares of the asset manager’s stock valued at $213,000 after purchasing an additional 1,190 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Westwood Holdings Group by 0.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 274,516 shares of the asset manager’s stock valued at $4,724,000 after purchasing an additional 1,428 shares in the last quarter. Finally, Garner Asset Management Corp increased its holdings in shares of Westwood Holdings Group by 1.5% in the third quarter. Garner Asset Management Corp now owns 135,211 shares of the asset manager’s stock worth $2,230,000 after purchasing an additional 2,027 shares during the last quarter. 56.64% of the stock is owned by hedge funds and other institutional investors.

About Westwood Holdings Group

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.