Westwood Holdings Group (NYSE:WHG) Stock Price Passes Above 200 Day Moving Average - Time to Sell?

Westwood Holdings Group, Inc. (NYSE:WHG - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $14.39 and traded as high as $15.26. Westwood Holdings Group shares last traded at $15.18, with a volume of 9,611 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com raised Westwood Holdings Group from a "hold" rating to a "buy" rating in a research note on Wednesday, November 6th.

Westwood Holdings Group Price Performance

The stock has a market capitalization of $145.40 million, a price-to-earnings ratio of 47.53 and a beta of 1.13. The business has a 50 day simple moving average of $15.14 and a 200-day simple moving average of $14.43.

Institutional Trading of Westwood Holdings Group

Institutional investors have recently modified their holdings of the company. Arete Wealth Advisors LLC lifted its holdings in shares of Westwood Holdings Group by 11.9% in the third quarter. Arete Wealth Advisors LLC now owns 20,427 shares of the asset manager's stock valued at $294,000 after purchasing an additional 2,178 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Westwood Holdings Group by 5.0% in the third quarter. Empowered Funds LLC now owns 25,107 shares of the asset manager's stock valued at $357,000 after purchasing an additional 1,206 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Westwood Holdings Group by 87.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 27,861 shares of the asset manager's stock valued at $396,000 after purchasing an additional 13,000 shares in the last quarter. De Lisle Partners LLP lifted its holdings in shares of Westwood Holdings Group by 131.4% in the third quarter. De Lisle Partners LLP now owns 68,680 shares of the asset manager's stock valued at $972,000 after purchasing an additional 38,996 shares in the last quarter. Finally, Garner Asset Management Corp lifted its holdings in shares of Westwood Holdings Group by 8.0% in the third quarter. Garner Asset Management Corp now owns 126,326 shares of the asset manager's stock valued at $1,794,000 after purchasing an additional 9,389 shares in the last quarter. 56.64% of the stock is currently owned by institutional investors.

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.