Susan M. Byrne Sells 14,900 Shares of Westwood Holdings Group Inc (WHG) Stock
Westwood Holdings Group Inc (NYSE:WHG) Vice Chairman Susan M. Byrne sold 14,900 shares of the business’s stock in a transaction on Friday, July 14th. The shares were sold at an average price of $58.03, for a total transaction of $864,647.00. Following the transaction, the insider now owns 299,747 shares in the company, valued at approximately $17,394,318.41. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Westwood Holdings Group Inc (NYSE:WHG) traded up 1.01% on Monday, hitting $58.97. 35,340 shares of the company were exchanged. Westwood Holdings Group Inc has a 52 week low of $49.01 and a 52 week high of $63.99. The company has a market capitalization of $482.20 million, a price-to-earnings ratio of 19.30 and a beta of 1.52. The stock has a 50 day moving average of $55.73 and a 200 day moving average of $56.74.
Westwood Holdings Group (NYSE:WHG) last announced its quarterly earnings data on Wednesday, April 26th. The asset manager reported $0.81 EPS for the quarter. The business had revenue of $32.62 million during the quarter. Westwood Holdings Group had a return on equity of 19.51% and a net margin of 19.91%. Analysts predict that Westwood Holdings Group Inc will post $3.67 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, July 3rd. Shareholders of record on Friday, June 9th were given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 4.21%. The ex-dividend date of this dividend was Wednesday, June 7th. Westwood Holdings Group’s dividend payout ratio is currently 81.05%.
Westwood Holdings Group Company Profile
Westwood Holdings Group, Inc (Westwood) is a holding company. The Company operates through two segments: Advisory and Trust. The Company, through its subsidiaries, manages investment assets and provides services for its clients. Its subsidiaries include Westwood Management Corp. and Westwood Advisors, LLC (together, Westwood Management), Westwood International Advisors Inc (Westwood International) and Westwood Trust.
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