De Lisle Partners LLP Raises Stake in Westwood Holdings Group, Inc. (NYSE:WHG)

De Lisle Partners LLP boosted its holdings in Westwood Holdings Group, Inc. (NYSE:WHG - Free Report) by 131.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 68,680 shares of the asset manager's stock after acquiring an additional 38,996 shares during the quarter. De Lisle Partners LLP owned about 0.74% of Westwood Holdings Group worth $972,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Empowered Funds LLC lifted its position in shares of Westwood Holdings Group by 5.0% during the 3rd quarter. Empowered Funds LLC now owns 25,107 shares of the asset manager's stock valued at $357,000 after acquiring an additional 1,206 shares during the period. Garner Asset Management Corp raised its holdings in Westwood Holdings Group by 85.4% during the second quarter. Garner Asset Management Corp now owns 116,937 shares of the asset manager's stock worth $1,424,000 after purchasing an additional 53,870 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Westwood Holdings Group by 2.4% during the second quarter. Dimensional Fund Advisors LP now owns 243,897 shares of the asset manager's stock worth $2,971,000 after purchasing an additional 5,793 shares during the last quarter. North Star Investment Management Corp. boosted its position in Westwood Holdings Group by 1.4% during the third quarter. North Star Investment Management Corp. now owns 358,978 shares of the asset manager's stock worth $5,097,000 after purchasing an additional 5,121 shares in the last quarter. Finally, Deprince Race & Zollo Inc. grew its holdings in Westwood Holdings Group by 2.9% in the second quarter. Deprince Race & Zollo Inc. now owns 459,320 shares of the asset manager's stock valued at $5,595,000 after purchasing an additional 13,012 shares during the last quarter. Hedge funds and other institutional investors own 56.64% of the company's stock.

Westwood Holdings Group Trading Down 1.2 %

Shares of WHG stock traded down $0.19 during trading hours on Friday, hitting $15.80. The company's stock had a trading volume of 7,403 shares, compared to its average volume of 12,321. The business has a fifty day moving average of $15.29 and a 200-day moving average of $13.49. Westwood Holdings Group, Inc. has a twelve month low of $10.75 and a twelve month high of $18.03. The stock has a market cap of $146.47 million, a price-to-earnings ratio of 47.88 and a beta of 1.13.

Westwood Holdings Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Monday, December 2nd will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend is Monday, December 2nd. Westwood Holdings Group's payout ratio is 181.82%.

Analyst Ratings Changes

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 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.