Westwood Holdings Group Inc (WHG) Scheduled to Post Earnings on Wednesday
Westwood Holdings Group (NYSE:WHG) last released its earnings results on Wednesday, April 26th. The asset manager reported $0.81 earnings per share for the quarter. The firm had revenue of $32.62 million during the quarter. Westwood Holdings Group had a net margin of 19.91% and a return on equity of 19.51%. On average, analysts expect Westwood Holdings Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Westwood Holdings Group Inc (NYSE WHG) traded down 0.70% on Friday, reaching $58.05. 22,430 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $57.08 and its 200-day moving average is $56.36. The firm has a market cap of $474.67 million, a PE ratio of 19.00 and a beta of 1.52. Westwood Holdings Group Inc has a 12 month low of $49.01 and a 12 month high of $63.99.
The firm also recently announced a quarterly dividend, which was paid on Monday, July 3rd. Investors of record on Friday, June 9th were given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date of this dividend was Wednesday, June 7th. Westwood Holdings Group’s dividend payout ratio (DPR) is currently 81.05%.
In other news, Vice Chairman Susan M. Byrne sold 2,613 shares of Westwood Holdings Group 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 completion of the transaction, the insider now owns 283,080 shares of the company’s stock, valued at approximately $16,987,630.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Vice Chairman Susan M. Byrne sold 2,500 shares of Westwood Holdings Group stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $55.59, for a total transaction of $138,975.00. Following the completion of the transaction, the insider now directly owns 315,181 shares of the company’s stock, valued at approximately $17,520,911.79. The disclosure for this sale can be found here. In the last ninety days, insiders sold 42,101 shares of company stock valued at $2,405,606. 9.60% of the stock is owned by insiders.
About Westwood Holdings Group
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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