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

Westwood Holdings Group, Inc. (NYSE:WHG - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $14.98 and traded as high as $15.30. Westwood Holdings Group shares last traded at $15.17, with a volume of 14,744 shares changing hands.

Westwood Holdings Group Price Performance

The stock has a market cap of $149.16 million, a PE ratio of 63.62 and a beta of 1.13. The firm has a 50 day moving average of $15.50 and a two-hundred day moving average of $15.00.

Westwood Holdings Group (NYSE:WHG - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The asset manager reported $0.35 earnings per share for the quarter. Westwood Holdings Group had a net margin of 2.33% and a return on equity of 2.66%.

Westwood Holdings Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 3rd will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.77%. The ex-dividend date of this dividend is Monday, March 3rd. Westwood Holdings Group's dividend payout ratio is currently 240.00%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Empowered Funds LLC grew its holdings in shares of Westwood Holdings Group by 5.0% during the third quarter. Empowered Funds LLC now owns 25,107 shares of the asset manager's stock worth $357,000 after buying an additional 1,206 shares during the last quarter. Garner Asset Management Corp grew its stake in shares of 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 purchasing an additional 9,389 shares during the last quarter. De Lisle Partners LLP increased 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 during the period. Arete Wealth Advisors LLC increased 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 during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Westwood Holdings Group by 87.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 27,861 shares of the asset manager's stock worth $396,000 after purchasing an additional 13,000 shares during the last quarter. 56.64% of the stock is owned by hedge funds and other institutional investors.

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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.