GSA Capital Partners LLP purchased a new stake in shares of Westwood Holdings Group, Inc. (NYSE:WHG) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 24,414 shares of the asset manager’s stock, valued at approximately $272,000. GSA Capital Partners LLP owned about 0.29% of Westwood Holdings Group at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. First Quadrant L P CA bought a new position in Westwood Holdings Group during the second quarter valued at approximately $137,000. UBS Group AG grew its position in Westwood Holdings Group by 11.0% during the second quarter. UBS Group AG now owns 9,991 shares of the asset manager’s stock valued at $158,000 after acquiring an additional 993 shares during the last quarter. Sei Investments Co. grew its position in Westwood Holdings Group by 39.3% during the second quarter. Sei Investments Co. now owns 15,600 shares of the asset manager’s stock valued at $246,000 after acquiring an additional 4,400 shares during the last quarter. Marquette Asset Management LLC bought a new position in shares of Westwood Holdings Group in the third quarter worth approximately $182,000. Finally, California Public Employees Retirement System grew its holdings in shares of Westwood Holdings Group by 17.7% in the second quarter. California Public Employees Retirement System now owns 17,306 shares of the asset manager’s stock worth $273,000 after purchasing an additional 2,600 shares during the last quarter. Institutional investors and hedge funds own 66.27% of the company’s stock.
Shares of Westwood Holdings Group stock opened at $12.67 on Friday. Westwood Holdings Group, Inc. has a 52-week low of $9.42 and a 52-week high of $31.80. The stock has a market capitalization of $106.09 million, a price-to-earnings ratio of 55.09 and a beta of 1.31. The company’s 50 day moving average price is $11.13 and its 200-day moving average price is $13.71.
Separately, TheStreet cut shares of Westwood Holdings Group from a “c-” rating to a “d” rating in a report on Wednesday.
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.
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