Westwood Holdings Group (NYSE:WHG) Share Price Passes Above Two Hundred Day Moving Average - Time to Sell?

Westwood Holdings Group, Inc. (NYSE:WHG - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.49 and traded as high as $15.58. Westwood Holdings Group shares last traded at $15.33, with a volume of 9,264 shares trading hands.

Analyst Ratings Changes

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

Westwood Holdings Group Stock Performance

The stock has a market cap of $155.86 million, a PE ratio of 50.94 and a beta of 1.13. The stock has a fifty day simple moving average of $15.17 and a two-hundred day simple moving average of $14.57.

Westwood Holdings Group (NYSE:WHG - Get Free Report) last released 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 return on equity of 3.27% and a net margin of 2.92%.

Westwood Holdings Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 3.57%. The ex-dividend date is Monday, March 3rd. Westwood Holdings Group's dividend payout ratio (DPR) is currently 240.00%.

Hedge Funds Weigh In On Westwood Holdings Group

Several institutional investors and hedge funds have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC boosted its stake in shares of Westwood Holdings Group by 0.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 585,843 shares of the asset manager's stock valued at $8,741,000 after buying an additional 1,725 shares during the last quarter. North Star Investment Management Corp. boosted its stake in shares of Westwood Holdings Group by 1.4% during 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 last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Westwood Holdings Group by 4.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 258,805 shares of the asset manager's stock valued at $3,755,000 after buying an additional 9,992 shares during the last quarter. Peapod Lane Capital LLC acquired a new stake in shares of Westwood Holdings Group during the 4th quarter valued at approximately $2,533,000. Finally, Garner Asset Management Corp raised its position in shares of Westwood Holdings Group by 11.4% during the 4th quarter. Garner Asset Management Corp now owns 140,753 shares of the asset manager's stock valued at $2,012,000 after acquiring an additional 14,427 shares in the last quarter. 56.64% of the stock is currently owned by hedge funds and other 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.