Susan Byrne Sells 1,300 Shares of Westwood Holdings Group (NYSE:WHG) Stock

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 1,300 shares of Westwood Holdings Group stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $16.02, for a total transaction of $20,826.00. Following the transaction, the director directly owned 276,250 shares of the company’s stock, valued at approximately $4,425,525. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Westwood Holdings Group Trading Down 0.7%

WHG stock opened at $16.55 on Thursday. Westwood Holdings Group Inc has a 12 month low of $14.70 and a 12 month high of $18.99. The company has a 50-day moving average price of $16.30 and a 200 day moving average price of $16.84. The stock has a market cap of $157.01 million, a PE ratio of 19.93 and a beta of 0.61.

Westwood Holdings Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 1st will be issued a dividend of $0.15 per share. The ex-dividend date is Monday, June 1st. This represents a $0.60 dividend on an annualized basis and a yield of 3.6%. Westwood Holdings Group’s dividend payout ratio (DPR) is presently 72.29%.

Institutional Investors Weigh In On Westwood Holdings Group

Several large investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC raised its holdings in shares of Westwood Holdings Group by 1.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 613,114 shares of the asset manager’s stock valued at $9,749,000 after purchasing an additional 6,302 shares in the last quarter. Settian Capital LP raised its holdings in shares of Westwood Holdings Group by 9.4% in the 3rd quarter. Settian Capital LP now owns 470,515 shares of the asset manager’s stock valued at $7,759,000 after purchasing an additional 40,507 shares in the last quarter. Gamco Investors INC. ET AL bought a new stake in shares of Westwood Holdings Group in the 4th quarter valued at about $7,638,000. Vanguard Group Inc. raised its holdings in shares of Westwood Holdings Group by 2.9% in the 3rd quarter. Vanguard Group Inc. now owns 397,265 shares of the asset manager’s stock valued at $6,551,000 after purchasing an additional 11,223 shares in the last quarter. Finally, North Star Investment Management Corp. raised its holdings in shares of Westwood Holdings Group by 2.4% in the 1st quarter. North Star Investment Management Corp. now owns 380,809 shares of the asset manager’s stock valued at $6,272,000 after purchasing an additional 8,816 shares in the last quarter. Institutional investors own 56.64% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on WHG shares. Weiss Ratings lowered shares of Westwood Holdings Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. Wall Street Zen upgraded shares of Westwood Holdings Group to a “buy” rating in a report on Saturday, May 16th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy”.

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.