2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. cut its position in shares of Westwood Holdings Group, Inc. ( NYSE:WHG – Free Report ) by 31.
9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 190,896 shares of the asset manager’s stock after selling 89,439 shares during the quarter. Russell Investments Group Ltd.
’s holdings in Westwood Holdings Group were worth $2,770,000 at the end of the most recent quarter. A number of other institutional investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its stake in Westwood Holdings Group by 87.
5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 27,861 shares of the asset manager’s stock worth $396,000 after acquiring an additional 13,000 shares during the period. Empowered Funds LLC increased its stake in Westwood Holdings Group by 5.
4% in the fourth quarter. Empowered Funds LLC now owns 26,460 shares of the asset manager’s stock valued at $384,000 after purchasing an additional 1,353 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in Westwood Holdings Group by 0.
3% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 585,843 shares of the asset manager’s stock valued at $8,741,000 after purchasing an additional 1,725 shares during the last quarter. Finally, Peapod Lane Capital LLC acquired a new stake in Westwood Holdings Group in the 4th quarter worth about $2,533,000.
Institutional investors and hedge funds own 56.64% of the company’s stock. Westwood Holdings Group Price Performance NYSE WHG opened at $16.
31 on Friday. The company has a market cap of $152.95 million, a P/E ratio of 65.
22 and a beta of 0.96. Westwood Holdings Group, Inc.
has a 12 month low of $11.01 and a 12 month high of $18.03.
The company has a 50-day moving average of $15.86 and a 200-day moving average of $15.48.
Westwood Holdings Group Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 3rd were paid a $0.15 dividend.
This represents a $0.60 annualized dividend and a dividend yield of 3.68%.
The ex-dividend date of this dividend was Monday, March 3rd. Westwood Holdings Group’s dividend payout ratio is currently 240.00%.
Westwood Holdings Group Profile ( 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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