Media headlines about Westwood Holdings Group (NYSE:WHG) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Westwood Holdings Group earned a news sentiment score of 0.01 on Accern’s scale. Accern also assigned news coverage about the asset manager an impact score of 45.6785754180297 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Westwood Holdings Group (NYSE WHG) traded up 1.86% during trading on Monday, hitting $61.80. 37,845 shares of the stock were exchanged. The stock has a 50 day moving average of $59.55 and a 200-day moving average of $56.58. Westwood Holdings Group has a 52 week low of $49.84 and a 52 week high of $63.99. The stock has a market cap of $506.02 million, a P/E ratio of 19.33 and a beta of 1.52.
The business also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 8th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 4.11%. The ex-dividend date is Thursday, September 7th. Westwood Holdings Group’s dividend payout ratio is currently 77.50%.
Separately, ValuEngine raised shares of Westwood Holdings Group from a “hold” rating to a “buy” rating in a research report on Monday, August 14th.
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In other Westwood Holdings Group news, Vice Chairman Susan M. Byrne sold 14,333 shares of the company’s stock in a transaction dated Friday, June 23rd. The shares were sold at an average price of $57.19, for a total value of $819,704.27. Following the sale, the insider now owns 300,693 shares in the company, valued at $17,196,632.67. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Vice Chairman Susan M. Byrne sold 2,613 shares of the company’s stock in a transaction dated Tuesday, July 18th. The stock was sold at an average price of $60.01, for a total transaction of $156,806.13. Following the completion of the sale, the insider now owns 283,080 shares in the company, valued at approximately $16,987,630.80. The disclosure for this sale can be found here. Insiders have sold 45,753 shares of company stock worth $2,675,991 in the last quarter. 9.60% of the stock is owned by corporate 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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