Westwood Holdings Group Inc $WHG Shares Acquired by Settian Capital LP

Settian Capital LP raised its holdings in shares of Westwood Holdings Group Inc (NYSE:WHG) by 9.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 470,515 shares of the asset manager’s stock after purchasing an additional 40,507 shares during the period. Westwood Holdings Group accounts for approximately 5.3% of Settian Capital LP’s investment portfolio, making the stock its 7th largest holding. Settian Capital LP owned approximately 0.05% of Westwood Holdings Group worth $7,759,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC raised its position in shares of Westwood Holdings Group by 0.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 593,753 shares of the asset manager’s stock worth $9,797,000 after purchasing an additional 5,033 shares during the last quarter. Bridgeway Capital Management LLC increased its position in Westwood Holdings Group by 2.9% during the second quarter. Bridgeway Capital Management LLC now owns 86,620 shares of the asset manager’s stock worth $1,351,000 after buying an additional 2,417 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Westwood Holdings Group by 3.8% in the second quarter. Bank of America Corp DE now owns 62,650 shares of the asset manager’s stock worth $977,000 after acquiring an additional 2,297 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Westwood Holdings Group in the second quarter valued at $85,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Westwood Holdings Group during the second quarter valued at $63,000. 56.64% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In related news, CEO Brian O. Casey sold 8,341 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $16.55, for a total transaction of $138,043.55. Following the transaction, the chief executive officer directly owned 492,359 shares in the company, valued at approximately $8,148,541.45. This represents a 1.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders sold 11,595 shares of company stock valued at $191,564 in the last ninety days. Corporate insiders own 8.20% of the company’s stock.

Westwood Holdings Group Stock Performance

Shares of WHG opened at $17.94 on Friday. Westwood Holdings Group Inc has a fifty-two week low of $14.00 and a fifty-two week high of $18.99. The company has a market capitalization of $168.78 million, a PE ratio of 22.71 and a beta of 0.76. The stock has a fifty day moving average of $17.83 and a two-hundred day moving average of $17.26.

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.