Westwood Holdings Group (NYSE:WHG) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Westwood Holdings Group Inc (NYSE:WHG)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.36 and traded as high as $19.75. Westwood Holdings Group shares last traded at $19.1090, with a volume of 13,254 shares traded.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Wall Street Zen raised shares of Westwood Holdings Group to a “buy” rating in a research report on Saturday, May 16th. Weiss Ratings downgraded shares of Westwood Holdings Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 2nd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Westwood Holdings Group Trading Up 0.4%

The firm has a market capitalization of $182.44 million, a PE ratio of 23.16 and a beta of 0.57. The firm has a 50 day simple moving average of $18.49 and a 200 day simple moving average of $17.37.

Insider Activity at Westwood Holdings Group

In related news, Director Susan M. Byrne sold 4,481 shares of Westwood Holdings Group stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $19.88, for a total value of $89,082.28. Following the completion of the sale, the director directly owned 230,444 shares in the company, valued at approximately $4,581,226.72. This trade represents a 1.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 59,692 shares of company stock worth $1,080,285 over the last 90 days. Company insiders own 17.40% of the company’s stock.

Hedge Funds Weigh In On Westwood Holdings Group

Several hedge funds and other institutional investors have recently bought and sold shares of WHG. Peapod Lane Capital LLC increased its position in Westwood Holdings Group by 0.7% during the fourth 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. GABELLI & Co INVESTMENT ADVISERS INC. boosted its position in Westwood Holdings Group by 6.6% in the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 11,192 shares of the asset manager’s stock worth $184,000 after purchasing an additional 692 shares during the last quarter. Geode Capital Management LLC grew its stake 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 period. Bank of America Corp DE grew its stake in shares of Westwood Holdings Group by 1.9% during the 1st quarter. Bank of America Corp DE now owns 55,856 shares of the asset manager’s stock valued at $920,000 after purchasing an additional 1,018 shares during the period. Finally, Barclays PLC increased its position 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. Institutional investors own 56.64% of the company’s stock.

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.