Westwood Holdings Group (NYSE:WHG) Director Susan Byrne Sells 700 Shares

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 700 shares of the company’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $16.31, for a total transaction of $11,417.00. Following the completion of the transaction, the director owned 302,650 shares of the company’s stock, valued at $4,936,221.50. This trade represents a 0.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Westwood Holdings Group Stock Performance

Shares of NYSE:WHG opened at $16.48 on Thursday. Westwood Holdings Group Inc has a 52-week low of $14.51 and a 52-week high of $18.99. The firm has a fifty day moving average of $16.68 and a 200 day moving average of $16.91. The firm has a market capitalization of $156.23 million, a PE ratio of 20.86 and a beta of 0.76.

Westwood Holdings Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Tuesday, March 3rd were given a $0.15 dividend. The ex-dividend date was Tuesday, March 3rd. This represents a $0.60 annualized dividend and a yield of 3.6%. Westwood Holdings Group’s payout ratio is 75.95%.

Institutional Trading of Westwood Holdings Group

Several institutional investors have recently added to or reduced their stakes in WHG. Goldman Sachs Group Inc. purchased a new stake in Westwood Holdings Group during the first quarter valued at about $213,000. Empowered Funds LLC boosted its position in Westwood Holdings Group by 8.7% during the first quarter. Empowered Funds LLC now owns 28,751 shares of the asset manager’s stock valued at $466,000 after buying an additional 2,291 shares during the period. Jane Street Group LLC purchased a new stake in Westwood Holdings Group during the first quarter valued at about $366,000. Geode Capital Management LLC boosted its position in Westwood Holdings Group by 141.0% during the second quarter. Geode Capital Management LLC now owns 161,205 shares of the asset manager’s stock valued at $2,515,000 after buying an additional 94,311 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Westwood Holdings Group by 1,277.9% during the second quarter. JPMorgan Chase & Co. now owns 7,537 shares of the asset manager’s stock valued at $118,000 after buying an additional 6,990 shares during the period. 56.64% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Westwood Holdings Group in a research report on Friday, March 27th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

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.