Randall L. Root Sells 2,000 Shares of Westwood Holdings Group Inc. (WHG) Stock
Westwood Holdings Group Inc. (NYSE:WHG) insider Randall L. Root sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, November 18th. The stock was sold at an average price of $60.01, for a total value of $120,020.00. Following the transaction, the insider now owns 35,317 shares in the company, valued at $2,119,373.17. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Westwood Holdings Group Inc. (NYSE:WHG) opened at 61.51 on Tuesday. The firm has a market capitalization of $493.99 million, a PE ratio of 25.64 and a beta of 1.36. The company has a 50-day moving average price of $53.01 and a 200-day moving average price of $53.53. Westwood Holdings Group Inc. has a 12-month low of $41.40 and a 12-month high of $61.93.
Westwood Holdings Group (NYSE:WHG) last announced its quarterly earnings data on Wednesday, October 26th. The company reported $1.30 EPS for the quarter. The firm earned $31.80 million during the quarter, compared to the consensus estimate of $122.27 million. Westwood Holdings Group had a net margin of 16.00% and a return on equity of 16.48%. On average, analysts predict that Westwood Holdings Group Inc. will post $3.67 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 3rd. Investors of record on Friday, December 9th will be given a $0.62 dividend. The ex-dividend date of this dividend is Wednesday, December 7th. This represents a $2.48 dividend on an annualized basis and a yield of 4.03%. This is an increase from Westwood Holdings Group’s previous quarterly dividend of $0.57. Westwood Holdings Group’s dividend payout ratio (DPR) is presently 93.83%.
Westwood Holdings Group Company Profile
Westwood Holdings Group, Inc (Westwood) is a holding company. Through its subsidiaries, the Company manages investment assets and provides services. The Company operates through its subsidiaries, which include Westwood Management Corp. and Westwood Advisors, LLC (together, Westwood Management), Westwood International Advisors Inc (Westwood International) and Westwood Trust.
Receive News & Stock Ratings for Westwood Holdings Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westwood Holdings Group Inc. and related stocks with our FREE daily email newsletter.