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

De Lisle Partners LLP raised its position in shares of Westwood Holdings Group, Inc. (NYSE:WHG) by 131.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 68,680 shares of the asset manager’s stock after purchasing an additional 38,996 shares during the quarter. De Lisle Partners LLP owned 0.74% of Westwood Holdings Group worth $972,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of WHG. Allspring Global Investments Holdings LLC grew its position in 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. Deprince Race & Zollo Inc. increased its holdings 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 buying an additional 13,012 shares in the last quarter. North Star Investment Management Corp. raised its position in shares of Westwood Holdings Group by 1.4% in the third quarter. North Star Investment Management Corp. now owns 358,978 shares of the asset manager’s stock worth $5,097,000 after acquiring an additional 5,121 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of 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 in the last quarter. Finally, Garner Asset Management Corp grew its position in shares of Westwood Holdings Group by 8.0% during the 3rd quarter. Garner Asset Management Corp now owns 126,326 shares of the asset manager’s stock valued at $1,794,000 after acquiring an additional 9,389 shares during the period. 56.64% of the stock is owned by institutional investors and hedge funds.

Westwood Holdings Group Price Performance

Shares of NYSE:WHG opened at $15.99 on Friday. The firm has a market capitalization of $148.23 million, a price-to-earnings ratio of 48.46 and a beta of 1.13. The business’s 50 day moving average price is $15.25 and its 200-day moving average price is $13.46. Westwood Holdings Group, Inc. has a 1 year low of $10.75 and a 1 year high of $18.03.

Westwood Holdings Group Announces Dividend

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

Analyst Upgrades and Downgrades

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

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.