Susan Byrne Sells 2,910 Shares of Westwood Holdings Group (NYSE:WHG) Stock

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 2,910 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $17.96, for a total value of $52,263.60. Following the transaction, the director directly owned 260,344 shares in the company, valued at $4,675,778.24. The trade was a 1.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Westwood Holdings Group Stock Performance

Westwood Holdings Group stock opened at $17.95 on Thursday. The firm has a market cap of $170.34 million, a PE ratio of 21.63 and a beta of 0.61. The firm’s 50 day moving average price is $16.57 and its two-hundred day moving average price is $16.93. Westwood Holdings Group Inc has a twelve month low of $14.70 and a twelve month high of $18.99.

Westwood Holdings Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, June 1st. This represents a $0.60 annualized dividend and a dividend yield of 3.3%. Westwood Holdings Group’s dividend payout ratio is 72.29%.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Weiss Ratings lowered shares of Westwood Holdings Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 2nd. Wall Street Zen upgraded shares of Westwood Holdings Group to a “buy” rating in a research note on Saturday, May 16th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Westwood Holdings Group has an average rating of “Buy”.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Empowered Funds LLC grew its stake in Westwood Holdings Group by 9.3% in the 1st quarter. Empowered Funds LLC now owns 41,898 shares of the asset manager’s stock valued at $690,000 after buying an additional 3,561 shares during the last quarter. Bank of America Corp DE grew its holdings in Westwood Holdings Group by 1.9% in the 1st quarter. Bank of America Corp DE now owns 55,856 shares of the asset manager’s stock valued at $920,000 after buying an additional 1,018 shares during the last quarter. Gabelli Funds LLC grew its holdings in Westwood Holdings Group by 6.5% in the 1st quarter. Gabelli Funds LLC now owns 82,210 shares of the asset manager’s stock valued at $1,354,000 after buying an additional 5,004 shares during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. grew its holdings in Westwood Holdings Group by 6.6% in the 1st quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 11,192 shares of the asset manager’s stock valued at $184,000 after buying an additional 692 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in Westwood Holdings Group by 31.3% in the 1st quarter. Sei Investments Co. now owns 31,659 shares of the asset manager’s stock valued at $521,000 after buying an additional 7,543 shares during the last quarter. 56.64% of the stock is currently owned by institutional investors and hedge funds.

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.