Susan M. Byrne Sells 2,613 Shares of Westwood Holdings Group Inc (NYSE:WHG) Stock
Westwood Holdings Group Inc (NYSE:WHG) Vice Chairman Susan M. Byrne sold 2,613 shares of the company’s stock in a transaction dated Tuesday, July 18th. The shares were sold at an average price of $60.01, for a total value of $156,806.13. Following the sale, the insider now owns 283,080 shares in the company, valued at approximately $16,987,630.80. The sale was disclosed in a filing with the SEC, which is available through this link.
Shares of Westwood Holdings Group Inc (NYSE WHG) traded up 0.57% during midday trading on Thursday, hitting $58.46. The company had a trading volume of 25,947 shares. The company has a market capitalization of $478.03 million, a P/E ratio of 19.14 and a beta of 1.52. The firm’s 50 day moving average is $56.96 and its 200 day moving average is $56.35. Westwood Holdings Group Inc has a 52 week low of $49.01 and a 52 week high of $63.99.
Westwood Holdings Group (NYSE:WHG) last announced its quarterly earnings results on Wednesday, April 26th. The asset manager reported $0.81 earnings per share (EPS) for the quarter. Westwood Holdings Group had a return on equity of 19.51% and a net margin of 19.91%. The company had revenue of $32.62 million for the quarter. Equities research analysts anticipate that Westwood Holdings Group Inc will post $3.67 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Monday, July 3rd. Investors of record on Friday, June 9th were issued a dividend of $0.62 per share. The ex-dividend date of this dividend was Wednesday, June 7th. This represents a $2.48 dividend on an annualized basis and a yield of 4.24%. Westwood Holdings Group’s dividend payout ratio is presently 81.05%.
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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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