Westwood Holdings Group (NYSE:WHG) Shares Cross Above 200-Day Moving Average – Time to Sell?

Westwood Holdings Group Inc (NYSE:WHG) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $17.56 and traded as high as $19.77. Westwood Holdings Group shares last traded at $19.21, with a volume of 21,556 shares traded.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Weiss Ratings raised shares of Westwood Holdings Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Wall Street Zen upgraded shares of Westwood Holdings Group to a “buy” rating in a research note on Saturday, May 16th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Westwood Holdings Group currently has an average rating of “Buy”.

Westwood Holdings Group Stock Performance

The company has a market cap of $181.41 million, a P/E ratio of 21.73 and a beta of 0.56. The firm has a 50 day moving average price of $19.46 and a two-hundred day moving average price of $17.58.

Westwood Holdings Group (NYSE:WHG) last announced its quarterly earnings data on Thursday, August 6th. The asset manager reported $0.33 earnings per share (EPS) for the quarter. The business had revenue of $25.34 million for the quarter. Westwood Holdings Group had a return on equity of 8.10% and a net margin of 7.73%.

Westwood Holdings Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st will be paid a $0.15 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.60 annualized dividend and a dividend yield of 3.1%. Westwood Holdings Group’s dividend payout ratio (DPR) is presently 68.18%.

Insider Activity

In related news, Director Susan M. Byrne sold 4,481 shares of the company’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $19.88, for a total transaction of $89,082.28. Following the sale, the director directly owned 230,444 shares in the company, valued at approximately $4,581,226.72. This represents a 1.91% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 44,892 shares of company stock valued at $840,623 over the last 90 days. Insiders own 17.40% of the company’s stock.

Institutional Investors Weigh In On Westwood Holdings Group

A number of hedge funds and other institutional investors have recently bought and sold shares of WHG. GABELLI & Co INVESTMENT ADVISERS INC. grew its position in shares of Westwood Holdings Group by 6.6% in the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 11,192 shares of the asset manager’s stock valued at $184,000 after purchasing an additional 692 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Westwood Holdings Group by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 163,166 shares of the asset manager’s stock worth $2,808,000 after purchasing an additional 896 shares in the last quarter. Bank of America Corp DE lifted its holdings in Westwood Holdings Group by 1.9% during the 1st quarter. Bank of America Corp DE now owns 55,856 shares of the asset manager’s stock worth $920,000 after purchasing an additional 1,018 shares in the last quarter. Barclays PLC boosted its stake in Westwood Holdings Group by 10.6% in the 4th quarter. Barclays PLC now owns 12,396 shares of the asset manager’s stock worth $213,000 after purchasing an additional 1,190 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in Westwood Holdings Group by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 274,516 shares of the asset manager’s stock worth $4,724,000 after purchasing an additional 1,428 shares during the period. Institutional investors own 56.64% of the company’s stock.

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.