Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Westwood Holdings Group (WHG) Share Price

Media coverage about Westwood Holdings Group (NYSE:WHG) has been trending somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of 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 0.07 on Accern’s scale. Accern also gave news stories about the asset manager an impact score of 45.9269088315394 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Separately, TheStreet lowered Westwood Holdings Group from a “b” rating to a “c+” rating in a report on Friday, February 9th.

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WHG traded down $2.46 during midday trading on Monday, reaching $54.03. The company’s stock had a trading volume of 4,634 shares, compared to its average volume of 29,876. The firm has a market capitalization of $502.65, a P/E ratio of 21.00 and a beta of 1.50. Westwood Holdings Group has a twelve month low of $51.88 and a twelve month high of $71.00.

Westwood Holdings Group (NYSE:WHG) last released its earnings results on Thursday, February 8th. The asset manager reported $0.41 earnings per share (EPS) for the quarter. The firm had revenue of $33.91 million for the quarter. Westwood Holdings Group had a return on equity of 14.79% and a net margin of 14.94%.

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 2nd. Shareholders of record on Friday, March 9th will be issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 5.03%. The ex-dividend date of this dividend is Thursday, March 8th.

In other Westwood Holdings Group news, General Counsel Julie Kramer Gerron sold 1,513 shares of the firm’s stock in a transaction that occurred on Friday, January 12th. The stock was sold at an average price of $68.34, for a total value of $103,398.42. Following the sale, the general counsel now owns 28,131 shares of the company’s stock, valued at approximately $1,922,472.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 7,513 shares of company stock worth $507,527 in the last ninety days. Insiders own 9.00% of the company’s stock.

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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.

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

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