Westwood Holdings Group (NYSE:WHG) Director Susan Byrne Sells 1,494 Shares

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 1,494 shares of the stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $16.83, for a total transaction of $25,144.02. Following the completion of the transaction, the director owned 303,950 shares in the company, valued at $5,115,478.50. The trade was a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Westwood Holdings Group Trading Up 1.7%

WHG opened at $16.48 on Thursday. Westwood Holdings Group Inc has a 1-year low of $14.51 and a 1-year high of $18.99. The company has a market capitalization of $156.23 million, a PE ratio of 20.86 and a beta of 0.76. The firm’s 50 day simple moving average is $16.68 and its two-hundred day simple moving average is $16.91.

Westwood Holdings Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Tuesday, March 3rd were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Tuesday, March 3rd. Westwood Holdings Group’s dividend payout ratio (DPR) is presently 75.95%.

Institutional Trading of Westwood Holdings Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC increased its holdings in Westwood Holdings Group by 2.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 606,812 shares of the asset manager’s stock valued at $10,698,000 after acquiring an additional 13,059 shares during the last quarter. Settian Capital LP grew its stake in shares of Westwood Holdings Group by 9.4% in the 3rd quarter. Settian Capital LP now owns 470,515 shares of the asset manager’s stock worth $7,759,000 after buying an additional 40,507 shares in the last quarter. Gamco Investors INC. ET AL purchased a new position in shares of Westwood Holdings Group in the 4th quarter worth $7,638,000. Vanguard Group Inc. grew its stake in shares of Westwood Holdings Group by 2.9% in the 3rd quarter. Vanguard Group Inc. now owns 397,265 shares of the asset manager’s stock worth $6,551,000 after buying an additional 11,223 shares in the last quarter. Finally, North Star Investment Management Corp. grew its stake in shares of Westwood Holdings Group by 1.2% in the 4th quarter. North Star Investment Management Corp. now owns 371,993 shares of the asset manager’s stock worth $6,402,000 after buying an additional 4,516 shares in the last quarter. 56.64% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated 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, According to MarketBeat.com, Westwood Holdings Group 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.