Westwood Holdings Group (NYSE:WHG) Director Susan Byrne Sells 4,274 Shares of Stock

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 4,274 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $19.39, for a total value of $82,872.86. Following the completion of the transaction, the director owned 247,237 shares in the company, valued at $4,793,925.43. This represents a 1.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Westwood Holdings Group Stock Performance

WHG opened at $19.04 on Wednesday. The stock has a 50-day moving average of $16.99 and a 200-day moving average of $17.08. The company has a market cap of $180.66 million, a PE ratio of 22.94 and a beta of 0.61. Westwood Holdings Group Inc has a 52-week low of $14.70 and a 52-week high of $20.97.

Westwood Holdings Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Monday, June 1st. Westwood Holdings Group’s dividend payout ratio (DPR) is presently 72.29%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Gamco Investors INC. ET AL bought a new position in Westwood Holdings Group in the fourth quarter worth about $7,638,000. North Star Investment Management Corp. raised its stake in shares of Westwood Holdings Group by 1.2% during the 4th quarter. North Star Investment Management Corp. now owns 371,993 shares of the asset manager’s stock worth $6,402,000 after acquiring an additional 4,516 shares in the last quarter. Peapod Lane Capital LLC lifted its position in Westwood Holdings Group by 0.7% during the fourth quarter. Peapod Lane Capital LLC now owns 88,680 shares of the asset manager’s stock valued at $1,526,000 after acquiring an additional 642 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Westwood Holdings Group by 35.2% during the third quarter. JPMorgan Chase & Co. now owns 10,191 shares of the asset manager’s stock valued at $168,000 after acquiring an additional 2,654 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in Westwood Holdings Group by 2.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 606,812 shares of the asset manager’s stock valued at $10,698,000 after acquiring an additional 13,059 shares in the last quarter. 56.64% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WHG has been the topic of several analyst reports. Weiss Ratings cut shares of Westwood Holdings Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. Wall Street Zen upgraded Westwood Holdings Group to a “buy” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus 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.