Susan Byrne Sells 2,028 Shares of Westwood Holdings Group (NYSE:WHG) Stock

Westwood Holdings Group Inc (NYSE:WHG) Director Susan Byrne sold 2,028 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $16.37, for a total value of $33,198.36. Following the sale, the director owned 278,674 shares of the company’s stock, valued at approximately $4,561,893.38. This represents a 0.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Westwood Holdings Group Trading Up 0.1%

Shares of NYSE:WHG traded up $0.01 during trading on Thursday, reaching $16.38. 11,655 shares of the stock were exchanged, compared to its average volume of 11,034. Westwood Holdings Group Inc has a 12 month low of $14.51 and a 12 month high of $18.99. The firm has a market cap of $155.47 million, a PE ratio of 19.74 and a beta of 0.62. The stock has a 50-day moving average price of $16.21 and a 200-day moving average price of $16.85.

Westwood Holdings Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 1st will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Monday, June 1st. Westwood Holdings Group’s payout ratio is 72.29%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Westwood Holdings Group to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings reissued 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, According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

Institutional Trading of Westwood Holdings Group

A number of institutional investors have recently bought and sold shares of WHG. Goldman Sachs Group Inc. bought a new stake in Westwood Holdings Group during the first quarter valued at $213,000. Empowered Funds LLC boosted its position in shares of Westwood Holdings Group by 8.7% during the 1st quarter. Empowered Funds LLC now owns 28,751 shares of the asset manager’s stock worth $466,000 after purchasing an additional 2,291 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Westwood Holdings Group during the 1st quarter worth about $366,000. Geode Capital Management LLC boosted its position in shares of Westwood Holdings Group by 141.0% during the 2nd quarter. Geode Capital Management LLC now owns 161,205 shares of the asset manager’s stock worth $2,515,000 after purchasing an additional 94,311 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted 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 worth $118,000 after purchasing an additional 6,990 shares in the last quarter. Institutional investors own 56.64% of the company’s stock.

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.