Susan Byrne Sells 733 Shares of Westwood Holdings Group (NYSE:WHG) Stock

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 733 shares of Westwood Holdings Group stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $16.66, for a total value of $12,211.78. Following the transaction, the director owned 293,276 shares of the company’s stock, valued at $4,885,978.16. This represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Westwood Holdings Group Stock Down 2.0%

Shares of Westwood Holdings Group stock traded down $0.33 during trading on Wednesday, hitting $16.74. 6,387 shares of the company were exchanged, compared to its average volume of 10,215. Westwood Holdings Group Inc has a fifty-two week low of $14.51 and a fifty-two week high of $18.99. The stock has a market capitalization of $158.72 million, a price-to-earnings ratio of 21.18 and a beta of 0.76. The firm has a 50 day moving average price of $16.28 and a 200 day moving average price of $16.89.

Westwood Holdings Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Tuesday, March 3rd were issued a $0.15 dividend. The ex-dividend date was Tuesday, March 3rd. This represents a $0.60 annualized dividend and a yield of 3.6%. Westwood Holdings Group’s payout ratio is 75.95%.

Hedge Funds Weigh In On Westwood Holdings Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. North Star Investment Management Corp. lifted its position in shares of Westwood Holdings Group by 2.4% during the first quarter. North Star Investment Management Corp. now owns 380,809 shares of the asset manager’s stock worth $6,272,000 after purchasing an additional 8,816 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Westwood Holdings Group by 9.6% during the fourth quarter. Empowered Funds LLC now owns 38,337 shares of the asset manager’s stock worth $660,000 after purchasing an additional 3,368 shares during the last quarter. Bridgeway Capital Management LLC lifted its position in shares of Westwood Holdings Group by 3.7% during the fourth quarter. Bridgeway Capital Management LLC now owns 93,789 shares of the asset manager’s stock worth $1,614,000 after purchasing an additional 3,368 shares during the last quarter. Barclays PLC lifted its position in shares of Westwood Holdings Group by 10.6% during the fourth quarter. Barclays PLC now owns 12,396 shares of the asset manager’s stock worth $213,000 after purchasing an additional 1,190 shares during the last quarter. Finally, State Street Corp lifted its position in shares of Westwood Holdings Group by 6.7% during the fourth quarter. State Street Corp now owns 86,726 shares of the asset manager’s stock worth $1,505,000 after purchasing an additional 5,447 shares during the last quarter. 56.64% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Westwood Holdings Group in a report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average 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.