Westwood Holdings Group (NYSE:WHG) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

Westwood Holdings Group, Inc. (NYSE:WHG)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.25 and traded as high as $16.07. Westwood Holdings Group shares last traded at $15.82, with a volume of 14,543 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Westwood Holdings Group from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th.

Westwood Holdings Group Trading Up 1.4 %

The business’s fifty day moving average price is $15.27 and its 200 day moving average price is $14.28. The firm has a market capitalization of $146.61 million, a price-to-earnings ratio of 47.93 and a beta of 1.13.

Westwood Holdings Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 2nd were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.79%. Westwood Holdings Group’s payout ratio is 181.82%.

Hedge Funds Weigh In On Westwood Holdings Group

A number of institutional investors have recently modified their holdings of WHG. Empowered Funds LLC increased its stake in Westwood Holdings Group by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 25,107 shares of the asset manager’s stock valued at $357,000 after buying an additional 1,206 shares during the period. Arete Wealth Advisors LLC increased its stake in Westwood Holdings Group by 11.9% in the 3rd quarter. Arete Wealth Advisors LLC now owns 20,427 shares of the asset manager’s stock valued at $294,000 after buying an additional 2,178 shares during the period. North Star Investment Management Corp. increased its stake in Westwood Holdings Group by 1.4% in the 3rd quarter. North Star Investment Management Corp. now owns 358,978 shares of the asset manager’s stock valued at $5,097,000 after buying an additional 5,121 shares during the period. Dimensional Fund Advisors LP increased its stake in Westwood Holdings Group by 2.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 243,897 shares of the asset manager’s stock valued at $2,971,000 after buying an additional 5,793 shares during the period. Finally, Garner Asset Management Corp increased its stake in Westwood Holdings Group by 8.0% in the 3rd quarter. Garner Asset Management Corp now owns 126,326 shares of the asset manager’s stock valued at $1,794,000 after buying an additional 9,389 shares during the period. 56.64% of the stock is owned by institutional investors and hedge funds.

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.