Westwood Holdings Group (NYSE:WHG) Director Susan Byrne Sells 700 Shares

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 700 shares of Westwood Holdings Group stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $16.31, for a total transaction of $11,417.00. Following the completion of the sale, the director directly owned 302,650 shares in the company, valued at $4,936,221.50. This trade represents a 0.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Westwood Holdings Group Price Performance

NYSE:WHG traded up $0.27 on Wednesday, reaching $16.48. 8,677 shares of the company’s stock were exchanged, compared to its average volume of 13,948. The stock has a fifty day simple moving average of $16.68 and a 200-day simple moving average of $16.91. Westwood Holdings Group Inc has a 52 week low of $14.51 and a 52 week high of $18.99. The firm has a market cap of $156.23 million, a price-to-earnings ratio of 20.86 and a beta of 0.76.

Westwood Holdings Group Announces Dividend

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

Institutional Investors Weigh In On Westwood Holdings Group

Several institutional investors and hedge funds have recently made changes to their positions in WHG. Goldman Sachs Group Inc. purchased a new stake in Westwood Holdings Group in the first quarter worth approximately $213,000. Empowered Funds LLC boosted its stake in shares of Westwood Holdings Group by 8.7% during the 1st quarter. Empowered Funds LLC now owns 28,751 shares of the asset manager’s stock worth $466,000 after acquiring an additional 2,291 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Westwood Holdings Group during the 1st quarter worth $366,000. Geode Capital Management LLC lifted its stake in shares of Westwood Holdings Group by 141.0% during the 2nd quarter. Geode Capital Management LLC now owns 161,205 shares of the asset manager’s stock valued at $2,515,000 after buying an additional 94,311 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Westwood Holdings Group by 1,277.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,537 shares of the asset manager’s stock valued at $118,000 after buying an additional 6,990 shares in the last quarter. Institutional investors own 56.64% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Westwood Holdings Group in a research report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently 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.