Westwood Holdings Group Inc (NYSE:WHG - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $15.90 and traded as high as $17.65. Westwood Holdings Group shares last traded at $17.59, with a volume of 6,370 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen cut shares of Westwood Holdings Group from a "buy" rating to a "hold" rating in a research report on Monday, May 5th.
View Our Latest Research Report on WHG
Westwood Holdings Group Trading Up 4.0%
The company has a market capitalization of $159.74 million, a price-to-earnings ratio of 40.55 and a beta of 0.97. The company has a 50 day moving average price of $16.34 and a 200 day moving average price of $15.95.
Westwood Holdings Group (NYSE:WHG - Get Free Report) last issued its quarterly earnings data on Friday, August 8th. The asset manager reported $0.22 earnings per share (EPS) for the quarter. The company had revenue of $23.12 million during the quarter. Westwood Holdings Group had a return on equity of 5.20% and a net margin of 3.92%.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of WHG. Barclays PLC lifted its holdings in Westwood Holdings Group by 180.7% during the 4th quarter. Barclays PLC now owns 3,054 shares of the asset manager's stock valued at $44,000 after buying an additional 1,966 shares in the last quarter. Millennium Management LLC acquired a new position in shares of Westwood Holdings Group during the 4th quarter valued at about $146,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in Westwood Holdings Group in the fourth quarter valued at about $160,000. Goldman Sachs Group Inc. acquired a new stake in Westwood Holdings Group in the first quarter valued at approximately $213,000. Finally, 683 Capital Management LLC purchased a new position in shares of Westwood Holdings Group during the fourth quarter worth approximately $322,000. 56.64% of the stock is owned by hedge funds and other institutional investors.
About Westwood Holdings Group
(
Get Free Report)
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.
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