Insider Selling: Westwood Holdings Group (NYSE:WHG) Director Sells 900 Shares of Stock

Key Points

• Susan Byrne sold 900 shares of Westwood Holdings (NYSE:WHG) on April 10 at an average price of $16.11 for $14,499, leaving her with 300,645 shares (a 0.30% reduction in her stake).
• Westwood recently paid a quarterly dividend of $0.15 per share (annualized $0.60), implying a ~3.6% yield and a payout ratio of 75.95%; the dividend was paid April 1 with a March 3 record date.
• Shares traded around $16.60 mid-day (52-week range $14.51–$18.99) with a market cap near $157.3M, and analysts hold a consensus "Buy" rating after Weiss Ratings reiterated a buy.

Westwood Holdings Group Inc (NYSE:WHG - Get Free Report) Director Susan Byrne sold 900 shares of the firm's stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $16.11, for a total transaction of $14,499.00. Following the sale, the director directly owned 300,645 shares of the company's stock, valued at $4,843,390.95. The trade was a 0.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Westwood Holdings Group Stock Performance

Shares of WHG stock traded up $0.64 during mid-day trading on Monday, reaching $16.60. 14,352 shares of the company were exchanged, compared to its average volume of 10,647. Westwood Holdings Group Inc has a fifty-two week low of $14.51 and a fifty-two week high of $18.99. The company has a market capitalization of $157.33 million, a P/E ratio of 21.01 and a beta of 0.76. The business's 50 day simple moving average is $16.61 and its 200 day simple moving average is $16.90.

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. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Tuesday, March 3rd. Westwood Holdings Group's payout ratio is 75.95%.

Institutional Investors Weigh In On Westwood Holdings Group

Institutional investors and hedge funds have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Westwood Holdings Group in the second quarter worth about $63,000. Raymond James Financial Inc. acquired a new position in Westwood Holdings Group in the second quarter valued at approximately $85,000. New York State Common Retirement Fund acquired a new position in Westwood Holdings Group in the second quarter valued at approximately $98,000. JPMorgan Chase & Co. boosted its stake in Westwood Holdings Group by 1,277.9% in the second quarter. JPMorgan Chase & Co. now owns 7,537 shares of the asset manager's stock valued at $118,000 after acquiring an additional 6,990 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in Westwood Holdings Group by 39.9% in the fourth quarter. Wells Fargo & Company MN now owns 10,032 shares of the asset manager's stock valued at $173,000 after acquiring an additional 2,861 shares during the period. Institutional investors and hedge funds own 56.64% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a "buy (b)" rating on shares of Westwood Holdings Group in a research note on Friday, March 27th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Westwood Holdings Group presently has a consensus rating of "Buy".

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.

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