Westwood Holdings Group (NYSE:WHG) Shares Pass Above 200-Day Moving Average – What’s Next?

Westwood Holdings Group Inc (NYSE:WHG) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.19 and traded as high as $17.73. Westwood Holdings Group shares last traded at $17.74, with a volume of 6,823 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Westwood Holdings Group in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Westwood Holdings Group Trading Up 4.0%

The company has a 50-day moving average of $17.56 and a 200-day moving average of $17.21. The firm has a market capitalization of $173.45 million, a price-to-earnings ratio of 22.48 and a beta of 0.80.

Insider Activity at Westwood Holdings Group

In related news, CEO Brian O. Casey sold 8,341 shares of Westwood Holdings Group stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $16.55, for a total value of $138,043.55. Following the transaction, the chief executive officer owned 492,359 shares of the company’s stock, valued at approximately $8,148,541.45. This trade represents a 1.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last 90 days, insiders have sold 11,965 shares of company stock valued at $197,854. 8.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Westwood Holdings Group

Several institutional investors and hedge funds have recently made changes to their positions in WHG. Goldman Sachs Group Inc. bought a new stake in shares of Westwood Holdings Group during the first quarter worth $213,000. Empowered Funds LLC increased its position in shares of Westwood Holdings Group by 8.7% during the first quarter. Empowered Funds LLC now owns 28,751 shares of the asset manager’s stock worth $466,000 after acquiring an additional 2,291 shares in the last quarter. Jane Street Group LLC acquired a new stake in Westwood Holdings Group in the 1st quarter valued at approximately $366,000. Settian Capital LP bought a new stake in shares of Westwood Holdings Group in the second quarter worth $6,708,000. Finally, Geode Capital Management LLC boosted its stake in shares of Westwood Holdings Group by 141.0% during the 2nd quarter. Geode Capital Management LLC now owns 161,205 shares of the asset manager’s stock worth $2,515,000 after buying an additional 94,311 shares during the last quarter. Institutional investors and hedge funds own 56.64% of the company’s stock.

Westwood Holdings Group Company Profile

Westwood Holdings Group, Inc is an independent, publicly traded asset management firm founded in 1983 and headquartered in Kansas City, Missouri. Through its wholly owned subsidiaries, the company offers a range of investment advisory services tailored to institutional, retail, and high-net-worth clients. Westwood’s disciplined, value-oriented approach guides its research process across equity and fixed-income markets, with an emphasis on fundamental analysis and long-term risk management.

The firm’s product lineup includes U.S.