Westwood Holdings Group (NYSE:WHG) Stock Crosses Above 200-Day Moving Average - Time to Sell?

Westwood Holdings Group Inc (NYSE:WHG - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $15.81 and traded as high as $18.52. Westwood Holdings Group shares last traded at $18.27, with a volume of 16,400 shares.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded shares of Westwood Holdings Group from a "buy" rating to a "hold" rating in a report on Monday, May 5th.

Westwood Holdings Group Stock Down 2.5%

The company has a market cap of $159.81 million, a P/E ratio of 568.09 and a beta of 0.97. The firm's 50 day moving average is $16.10 and its two-hundred day moving average is $15.86.

Westwood Holdings Group (NYSE:WHG - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The asset manager reported $0.16 earnings per share for the quarter. Westwood Holdings Group had a net margin of 0.55% and a return on equity of 2.46%. The company had revenue of $23.25 million for the quarter.

Institutional Trading of Westwood Holdings Group

Institutional investors have recently bought and sold shares of the company. Barclays PLC boosted its position in Westwood Holdings Group by 180.7% during the fourth quarter. Barclays PLC now owns 3,054 shares of the asset manager's stock valued at $44,000 after acquiring an additional 1,966 shares during the last quarter. Millennium Management LLC bought a new position in shares of Westwood Holdings Group during the 4th quarter worth about $146,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in shares of Westwood Holdings Group during the 4th quarter worth about $160,000. Goldman Sachs Group Inc. bought a new position in shares of Westwood Holdings Group during the 1st quarter worth about $213,000. Finally, 683 Capital Management LLC bought a new position in shares of Westwood Holdings Group during the 4th quarter worth about $322,000. Institutional investors own 56.64% of the company's stock.

Westwood Holdings Group Company Profile

Westwood Holdings Group, Inc, through its subsidiaries, manages investment assets and provides services for its clients. The company operates in two segments, Advisory and Trust. The Advisory segment provides investment advisory services to corporate retirement plans, public retirement plans, endowments, foundations, individuals, and the Westwood Funds; and investment sub-advisory services to mutual funds, pooled investment vehicles, and its Trust segment.