Westwood Holdings Group, Inc. (NYSE:WHG) Shares Bought by De Lisle Partners LLP

De Lisle Partners LLP lifted its stake in shares of Westwood Holdings Group, Inc. (NYSE:WHG) by 131.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 68,680 shares of the asset manager’s stock after purchasing an additional 38,996 shares during the quarter. De Lisle Partners LLP’s holdings in Westwood Holdings Group were worth $972,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Garner Asset Management Corp increased its position in shares of Westwood Holdings Group by 85.4% during the second quarter. Garner Asset Management Corp now owns 116,937 shares of the asset manager’s stock valued at $1,424,000 after acquiring an additional 53,870 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Westwood Holdings Group by 2.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 584,118 shares of the asset manager’s stock worth $8,294,000 after purchasing an additional 12,680 shares during the period. Empowered Funds LLC increased its holdings in Westwood Holdings Group by 5.0% in the 3rd 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. Deprince Race & Zollo Inc. raised its position in Westwood Holdings Group by 2.9% in the second quarter. Deprince Race & Zollo Inc. now owns 459,320 shares of the asset manager’s stock valued at $5,595,000 after purchasing an additional 13,012 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in Westwood Holdings Group by 2.4% during the second quarter. Dimensional Fund Advisors LP now owns 243,897 shares of the asset manager’s stock worth $2,971,000 after purchasing an additional 5,793 shares in the last quarter. 56.64% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Westwood Holdings Group Stock Down 1.1 %

Shares of Westwood Holdings Group stock opened at $15.99 on Friday. The company has a market capitalization of $148.23 million, a P/E ratio of 48.46 and a beta of 1.13. The company has a 50 day moving average of $15.25 and a 200 day moving average of $13.46. Westwood Holdings Group, Inc. has a 52-week low of $10.75 and a 52-week high of $18.03.

Westwood Holdings Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Monday, December 2nd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $0.60 annualized dividend and a yield of 3.75%. Westwood Holdings Group’s dividend payout ratio is currently 181.82%.

Westwood Holdings Group 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.