Westwood Holdings Group, Inc. (NYSE:WHG) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $30.04 and traded as low as $29.46. Westwood Holdings Group shares last traded at $29.96, with a volume of 1,322 shares.

The firm has a market capitalization of $263.52 million, a P/E ratio of 24.11 and a beta of 1.34. The company has a debt-to-equity ratio of 0.05, a quick ratio of 6.54 and a current ratio of 6.54. The business has a 50 day simple moving average of $29.25 and a two-hundred day simple moving average of $30.04.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, December 6th will be paid a $0.72 dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $2.88 dividend on an annualized basis and a yield of 9.68%.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC bought a new position in Westwood Holdings Group in the 3rd quarter worth about $47,000. First Trust Advisors LP increased its stake in Westwood Holdings Group by 23.5% in the 3rd quarter. First Trust Advisors LP now owns 18,060 shares of the asset manager’s stock worth $500,000 after acquiring an additional 3,441 shares during the last quarter. Russell Investments Group Ltd. increased its stake in Westwood Holdings Group by 52.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 5,629 shares of the asset manager’s stock worth $155,000 after acquiring an additional 1,929 shares during the last quarter. California Public Employees Retirement System increased its stake in Westwood Holdings Group by 3.8% in the 3rd quarter. California Public Employees Retirement System now owns 12,606 shares of the asset manager’s stock worth $349,000 after acquiring an additional 467 shares during the last quarter. Finally, Rhumbline Advisers increased its stake in Westwood Holdings Group by 8.7% in the 3rd quarter. Rhumbline Advisers now owns 13,091 shares of the asset manager’s stock worth $362,000 after acquiring an additional 1,049 shares during the last quarter. Institutional investors and hedge funds own 70.99% of the company’s stock.

Westwood Holdings Group Company Profile (NYSE:WHG)

Westwood Holdings Group, Inc, through its subsidiaries, manages investment assets and provides services for its clients. The company operates in two segments, Advisory and Trust. The Advisory segment provides investment advisory services to corporate retirement plans, public retirement plans, endowments, foundations, individuals, and the Westwood Funds; and investment sub-advisory services to mutual funds, pooled investment vehicles, and its Trust segment.

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