De Lisle Partners LLP Makes New Investment in Westwood Holdings Group Inc $WHG

De Lisle Partners LLP purchased a new position in Westwood Holdings Group Inc (NYSE:WHG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 50,012 shares of the asset manager’s stock, valued at approximately $960,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Westwood Holdings Group in the second quarter worth $63,000. Raymond James Financial Inc. bought a new stake in Westwood Holdings Group during the second quarter worth about $85,000. New York State Common Retirement Fund purchased a new position in shares of Westwood Holdings Group in the 2nd quarter worth about $98,000. JPMorgan Chase & Co. boosted its holdings in shares of Westwood Holdings Group by 1,277.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,537 shares of the asset manager’s stock worth $118,000 after purchasing an additional 6,990 shares in the last quarter. Finally, Deutsche Bank AG bought a new position in shares of Westwood Holdings Group during the 2nd quarter valued at about $148,000. Hedge funds and other institutional investors own 56.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Westwood Holdings Group to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings raised shares of Westwood Holdings Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Insiders Place Their Bets

In related news, Director Susan M. Byrne sold 4,481 shares of Westwood Holdings Group stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $19.88, for a total transaction of $89,082.28. Following the sale, the director directly owned 230,444 shares in the company, valued at $4,581,226.72. The trade was a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 52,478 shares of company stock worth $963,922. Insiders own 17.40% of the company’s stock.

Westwood Holdings Group Stock Performance

Shares of WHG stock opened at $19.56 on Monday. Westwood Holdings Group Inc has a fifty-two week low of $14.70 and a fifty-two week high of $20.97. The stock has a 50 day moving average price of $19.27 and a two-hundred day moving average price of $17.50. The company has a market capitalization of $185.62 million, a P/E ratio of 22.23 and a beta of 0.56.

Westwood Holdings Group (NYSE:WHG) last issued its quarterly earnings data on Thursday, August 6th. The asset manager reported $0.33 earnings per share for the quarter. The firm had revenue of $25.34 million for the quarter. Westwood Holdings Group had a return on equity of 8.10% and a net margin of 7.73%.

Westwood Holdings Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 1st will be issued a $0.15 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.60 annualized dividend and a yield of 3.1%. Westwood Holdings Group’s dividend payout ratio (DPR) is 68.18%.

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.