Westwood Holdings Group (NYSE:WHG) Director Sells $26,112.00 in Stock

Key Points

• Susan Byrne, a Westwood director, sold 1,600 shares on April 13 at an average price of $16.32 for $26,112, leaving her with 299,045 shares — a 0.53% reduction in her stake.
• Westwood paid a quarterly dividend of $0.15 per share (paid April 1), equivalent to an annualized $0.60 and a 3.6% yield with a 75.95% payout ratio.
• The stock traded up 4.0% to $16.60 on the day; Weiss Ratings reiterated a Buy rating and institutional investors own roughly 56.6% of the company.

Westwood Holdings Group Inc (NYSE:WHG - Get Free Report) Director Susan Byrne sold 1,600 shares of the company's stock in a transaction on Monday, April 13th. The shares were sold at an average price of $16.32, for a total transaction of $26,112.00. Following the completion of the sale, the director directly owned 299,045 shares in the company, valued at $4,880,414.40. This trade represents a 0.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Westwood Holdings Group Trading Up 4.0%

Shares of WHG stock traded up $0.64 during trading hours on Monday, hitting $16.60. The company's stock had a trading volume of 14,352 shares, compared to its average volume of 10,647. The company has a 50 day moving average of $16.61 and a 200 day moving average of $16.90. The stock has a market cap of $157.33 million, a PE ratio of 21.01 and a beta of 0.76. Westwood Holdings Group Inc has a 12-month low of $14.51 and a 12-month high of $18.99.

Westwood Holdings Group Announces Dividend

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

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a "buy (b)" rating on shares of Westwood Holdings Group in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of "Buy".

Institutional Investors Weigh In On Westwood Holdings Group

A number of institutional investors have recently modified their holdings of WHG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Westwood Holdings Group during the 2nd quarter valued at about $63,000. Raymond James Financial Inc. acquired a new stake in shares of Westwood Holdings Group during the 2nd quarter valued at about $85,000. New York State Common Retirement Fund acquired a new stake in shares of Westwood Holdings Group during the 2nd quarter valued at about $98,000. JPMorgan Chase & Co. grew its position 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 acquiring an additional 6,990 shares during the period. Finally, Wells Fargo & Company MN grew its position in shares of Westwood Holdings Group by 39.9% during the 4th 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. 56.64% of the stock is currently owned by institutional investors and hedge funds.

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.

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