Headlines about Westwood Holdings Group (NYSE:WHG) have been trending somewhat positive on Saturday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Westwood Holdings Group earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave media stories about the asset manager an impact score of 46.0402995399742 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Separately, TheStreet lowered shares of Westwood Holdings Group from a “b” rating to a “c+” rating in a research report on Friday, February 9th.
NYSE WHG traded down $1.08 during trading hours on Friday, hitting $55.73. 9,741 shares of the company’s stock traded hands, compared to its average volume of 34,365. The firm has a market capitalization of $505.49, a price-to-earnings ratio of 21.12 and a beta of 1.51. Westwood Holdings Group has a 52 week low of $52.09 and a 52 week high of $71.00.
The company also recently declared a quarterly dividend, which was paid on Monday, April 2nd. Shareholders of record on Friday, March 9th were issued a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 4.88%. The ex-dividend date of this dividend was Thursday, March 8th.
In other Westwood Holdings Group news, General Counsel Julie Kramer Gerron sold 1,513 shares of Westwood Holdings Group stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $68.34, for a total transaction of $103,398.42. Following the transaction, the general counsel now owns 28,131 shares of the company’s stock, valued at $1,922,472.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 9.00% of the stock is owned by insiders.
COPYRIGHT VIOLATION NOTICE: “Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Westwood Holdings Group (WHG) Stock Price” was posted by Ticker Report and is owned by of Ticker Report. If you are viewing this article on another site, it was copied illegally and republished in violation of US & international trademark and copyright law. The correct version of this article can be viewed at https://www.tickerreport.com/banking-finance/3338872/somewhat-favorable-media-coverage-somewhat-unlikely-to-affect-westwood-holdings-group-whg-stock-price.html.
Westwood Holdings Group Company 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.
Receive News & Ratings for Westwood Holdings Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westwood Holdings Group and related companies with MarketBeat.com's FREE daily email newsletter.