Westwood Holdings Group, Inc. (NYSE:WHG) Stock Position Reduced by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lessened its position in shares of Westwood Holdings Group, Inc. (NYSE:WHGGet Rating) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 453,959 shares of the asset manager’s stock after selling 3,950 shares during the period. Gamco Investors INC. ET AL owned about 5.47% of Westwood Holdings Group worth $7,690,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Morgan Stanley raised its position in shares of Westwood Holdings Group by 8.2% during the 1st quarter. Morgan Stanley now owns 28,686 shares of the asset manager’s stock worth $415,000 after purchasing an additional 2,172 shares during the period. Russell Investments Group Ltd. raised its position in shares of Westwood Holdings Group by 21.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 115,654 shares of the asset manager’s stock worth $2,195,000 after purchasing an additional 20,798 shares during the period. Geode Capital Management LLC raised its position in shares of Westwood Holdings Group by 3.0% during the 3rd quarter. Geode Capital Management LLC now owns 66,177 shares of the asset manager’s stock worth $1,257,000 after purchasing an additional 1,941 shares during the period. Royal Bank of Canada raised its position in shares of Westwood Holdings Group by 21.5% during the 3rd quarter. Royal Bank of Canada now owns 7,572 shares of the asset manager’s stock worth $145,000 after purchasing an additional 1,341 shares during the period. Finally, Ancora Advisors LLC raised its position in shares of Westwood Holdings Group by 36.8% during the 3rd quarter. Ancora Advisors LLC now owns 190,153 shares of the asset manager’s stock worth $3,613,000 after purchasing an additional 51,177 shares during the period. 61.73% of the stock is currently owned by institutional investors.

WHG opened at $14.99 on Monday. Westwood Holdings Group, Inc. has a 12 month low of $14.65 and a 12 month high of $27.01. The stock has a market cap of $128.58 million, a P/E ratio of 20.53 and a beta of 1.22. The stock’s 50 day moving average price is $15.71 and its 200 day moving average price is $16.77.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 1st. Investors of record on Friday, June 3rd will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.00%. The ex-dividend date is Thursday, June 2nd. Westwood Holdings Group’s dividend payout ratio is currently 82.19%.

Separately, StockNews.com started coverage on Westwood Holdings Group in a research report on Thursday. They set a “buy” rating on the stock.

Westwood Holdings Group Company Profile (Get Rating)

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.

Featured Articles

Institutional Ownership by Quarter for Westwood Holdings Group (NYSE:WHG)

Receive News & Ratings for Westwood Holdings Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westwood Holdings Group and related companies with MarketBeat.com's FREE daily email newsletter.