Westwood Holdings Group (WHG) Set to Announce Earnings on Wednesday

Westwood Holdings Group (NYSE:WHG) will post its quarterly earnings results after the market closes on Wednesday, May 1st. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Westwood Holdings Group (NYSE:WHG) last released its quarterly earnings results on Wednesday, February 14th. The asset manager reported $0.47 earnings per share for the quarter. Westwood Holdings Group had a return on equity of 12.78% and a net margin of 11.77%. The firm had revenue of $23.23 million for the quarter.

Westwood Holdings Group Stock Down 1.8 %

NYSE:WHG opened at $12.81 on Monday. The business’s 50-day moving average price is $12.53 and its two-hundred day moving average price is $11.66. Westwood Holdings Group has a twelve month low of $8.91 and a twelve month high of $14.20. The stock has a market cap of $119.52 million, a P/E ratio of 10.86 and a beta of 1.23.

Westwood Holdings Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Friday, March 1st were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $0.60 annualized dividend and a dividend yield of 4.68%. Westwood Holdings Group’s payout ratio is currently 50.85%.

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.