StockNews.com started coverage on shares of Westwood Holdings Group (NYSE:WHG – Free Report) in a report issued on Friday. The brokerage issued a strong-buy rating on the asset manager’s stock.
Westwood Holdings Group Trading Down 3.5 %
Shares of Westwood Holdings Group stock opened at $12.29 on Friday. The company has a 50 day moving average of $12.47 and a 200-day moving average of $12.40. Westwood Holdings Group has a 1-year low of $8.91 and a 1-year high of $13.63. The company has a market cap of $114.17 million, a PE ratio of 9.04 and a beta of 1.17.
Westwood Holdings Group Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Monday, September 2nd will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.88%. The ex-dividend date of this dividend is Monday, September 2nd. Westwood Holdings Group’s dividend payout ratio (DPR) is currently 44.12%.
Institutional Investors Weigh In On Westwood Holdings Group
About Westwood Holdings Group
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.
Further Reading
- Five stocks we like better than Westwood Holdings Group
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- From Tokyo to Wall Street: Japan’s Market Impact on U.S. Stocks
- Overbought Stocks Explained: Should You Trade Them?
- Arm Holdings: Does the 42% Drop Signal an AI Buying Opportunity?
- How Investors Can Find the Best Cheap Dividend Stocks
- Texas Roadhouse Stampedes On EPS Beat as Comp Sales Surge 9.3%
Receive News & Ratings for Westwood Holdings Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westwood Holdings Group and related companies with MarketBeat.com's FREE daily email newsletter.