Westwood Holdings Group, Inc. (NYSE:WHG) General Counsel Julie Kramer Gerron sold 1,513 shares of Westwood Holdings Group stock in a transaction on Friday, January 12th. The stock was sold at an average price of $68.34, for a total transaction of $103,398.42. Following the transaction, the general counsel now directly owns 28,131 shares of the company’s stock, valued at $1,922,472.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Julie Kramer Gerron also recently made the following trade(s):

  • On Tuesday, January 16th, Julie Kramer Gerron sold 2,013 shares of Westwood Holdings Group stock. The stock was sold at an average price of $68.41, for a total transaction of $137,709.33.
  • On Tuesday, January 2nd, Julie Kramer Gerron sold 1,000 shares of Westwood Holdings Group stock. The stock was sold at an average price of $66.32, for a total transaction of $66,320.00.
  • On Thursday, January 4th, Julie Kramer Gerron sold 2,987 shares of Westwood Holdings Group stock. The stock was sold at an average price of $66.99, for a total transaction of $200,099.13.

Westwood Holdings Group, Inc. (NYSE WHG) traded up $1.62 during mid-day trading on Wednesday, reaching $68.80. 9,906 shares of the company’s stock were exchanged, compared to its average volume of 23,738. Westwood Holdings Group, Inc. has a 1 year low of $51.41 and a 1 year high of $71.00. The company has a market capitalization of $611.25, a PE ratio of 23.01 and a beta of 1.54.

Westwood Holdings Group (NYSE:WHG) last released its quarterly earnings data on Wednesday, October 25th. The asset manager reported $0.56 EPS for the quarter. Westwood Holdings Group had a net margin of 18.84% and a return on equity of 18.23%.

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Friday, December 8th were issued a dividend of $0.68 per share. The ex-dividend date was Thursday, December 7th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.95%. This is an increase from Westwood Holdings Group’s previous quarterly dividend of $0.62. Westwood Holdings Group’s dividend payout ratio (DPR) is currently 90.97%.

Several institutional investors and hedge funds have recently bought and sold shares of WHG. Russell Investments Group Ltd. lifted its holdings in shares of Westwood Holdings Group by 12.8% during the second quarter. Russell Investments Group Ltd. now owns 3,611 shares of the asset manager’s stock worth $205,000 after buying an additional 410 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of Westwood Holdings Group by 10.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 39,525 shares of the asset manager’s stock worth $2,241,000 after buying an additional 3,865 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Westwood Holdings Group by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 66,698 shares of the asset manager’s stock worth $3,781,000 after buying an additional 476 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Westwood Holdings Group by 1.1% during the second quarter. Wells Fargo & Company MN now owns 635,909 shares of the asset manager’s stock worth $36,054,000 after buying an additional 6,983 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of Westwood Holdings Group by 42.6% during the second quarter. Alliancebernstein L.P. now owns 6,361 shares of the asset manager’s stock worth $361,000 after buying an additional 1,900 shares in the last quarter. 66.91% of the stock is owned by institutional investors.

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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.

Insider Buying and Selling by Quarter for Westwood Holdings Group (NYSE:WHG)

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