Westwood Holdings Group, Inc. (WHG) General Counsel Julie Kramer Gerron Sells 1,000 Shares of Stock

Westwood Holdings Group, Inc. (NYSE:WHG) General Counsel Julie Kramer Gerron sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $66.32, for a total transaction of $66,320.00. Following the completion of the sale, the general counsel now owns 31,631 shares of the company’s stock, valued at $2,097,767.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

  • 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 $0.81 during mid-day trading on Friday, hitting $67.74. 33,400 shares of the stock traded hands, compared to its average volume of 33,467. Westwood Holdings Group, Inc. has a 1 year low of $51.41 and a 1 year high of $71.00. The stock has a market capitalization of $597.39, a price-to-earnings ratio of 22.66 and a beta of 1.54.

The firm 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. This represents a $2.72 annualized dividend and a dividend yield of 4.02%. This is a positive change from Westwood Holdings Group’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend was Thursday, December 7th. Westwood Holdings Group’s dividend payout ratio (DPR) is presently 90.97%.

Several hedge funds have recently added to or reduced their stakes in the company. Nationwide Fund Advisors lifted its holdings in shares of Westwood Holdings Group by 2.1% during the second quarter. Nationwide Fund Advisors now owns 4,636 shares of the asset manager’s stock valued at $263,000 after purchasing an additional 95 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Westwood Holdings Group by 3.3% during the second quarter. The Manufacturers Life Insurance Company now owns 6,618 shares of the asset manager’s stock valued at $374,000 after purchasing an additional 209 shares during the last quarter. 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 valued at $205,000 after purchasing an additional 410 shares during 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 valued at $3,781,000 after purchasing an additional 476 shares during the last quarter. Finally, Voya Investment Management LLC increased its position in shares of Westwood Holdings Group by 9.3% during the second quarter. Voya Investment Management LLC now owns 5,729 shares of the asset manager’s stock valued at $325,000 after acquiring an additional 486 shares in the last quarter. Hedge funds and other institutional investors own 66.91% of the company’s stock.

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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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