Westwood Holdings Group (NYSE:WHG) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Westwood Holdings Group, Inc. (NYSE:WHG) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.95 and traded as low as $13.92. Westwood Holdings Group shares last traded at $14.51, with a volume of 19,971 shares.

Analyst Ratings Changes

Separately, StockNews.com upgraded Westwood Holdings Group from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th.

Westwood Holdings Group Price Performance

The company has a market cap of $138.34 million, a PE ratio of 45.21 and a beta of 1.12. The business has a 50 day moving average of $15.44 and a 200 day moving average of $13.95.

Westwood Holdings Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Monday, December 2nd will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.02%. The ex-dividend date is Monday, December 2nd. Westwood Holdings Group’s dividend payout ratio (DPR) is presently 181.82%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Arete Wealth Advisors LLC boosted its stake in shares of Westwood Holdings Group by 11.9% during the third quarter. Arete Wealth Advisors LLC now owns 20,427 shares of the asset manager’s stock valued at $294,000 after purchasing an additional 2,178 shares during the period. Empowered Funds LLC grew its stake in Westwood Holdings Group by 5.0% in the third quarter. Empowered Funds LLC now owns 25,107 shares of the asset manager’s stock valued at $357,000 after purchasing an additional 1,206 shares during the last quarter. De Lisle Partners LLP boosted its position in shares of Westwood Holdings Group by 131.4% in the 3rd quarter. De Lisle Partners LLP now owns 68,680 shares of the asset manager’s stock worth $972,000 after purchasing an additional 38,996 shares in the last quarter. Garner Asset Management Corp grew its position in Westwood Holdings Group by 85.4% during the 2nd quarter. Garner Asset Management Corp now owns 116,937 shares of the asset manager’s stock worth $1,424,000 after purchasing an additional 53,870 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Westwood Holdings Group by 2.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 243,897 shares of the asset manager’s stock worth $2,971,000 after acquiring an additional 5,793 shares during the period. Institutional investors own 56.64% of the company’s stock.

About Westwood Holdings Group

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.