Adrian Helfert Sells 10,772 Shares of Westwood Holdings Group (NYSE:WHG) Stock

Westwood Holdings Group Inc (NYSE:WHG) insider Adrian Helfert sold 10,772 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $16.22, for a total value of $174,721.84. Following the transaction, the insider directly owned 162,751 shares in the company, valued at $2,639,821.22. The trade was a 6.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Westwood Holdings Group Price Performance

Westwood Holdings Group stock traded up $0.27 during mid-day trading on Friday, hitting $15.78. The company’s stock had a trading volume of 13,759 shares, compared to its average volume of 10,562. Westwood Holdings Group Inc has a 52-week low of $14.37 and a 52-week high of $18.99. The company has a market cap of $149.59 million, a PE ratio of 19.97 and a beta of 0.72. The firm’s 50 day moving average is $17.38 and its 200 day moving average is $17.09.

Westwood Holdings Group Announces Dividend

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

Institutional Trading of Westwood Holdings Group

Institutional investors have recently bought and sold shares of the company. Peapod Lane Capital LLC increased its position 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 worth $1,526,000 after purchasing an additional 642 shares during the last quarter. Geode Capital Management LLC lifted 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 buying an additional 896 shares during the last quarter. Barclays PLC grew its stake in shares of Westwood Holdings Group by 10.6% in the 4th quarter. Barclays PLC now owns 12,396 shares of the asset manager’s stock valued at $213,000 after buying an additional 1,190 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Westwood Holdings Group by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 274,516 shares of the asset manager’s stock valued at $4,724,000 after buying an additional 1,428 shares in the last quarter. Finally, Garner Asset Management Corp increased its holdings in 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 buying an additional 2,027 shares during the last quarter. Institutional investors and hedge funds own 56.64% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Westwood Holdings Group in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Westwood Holdings Group currently has a consensus rating of “Buy”.

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.