O Shaughnessy Asset Management LLC Takes $173,000 Position in Westwood Holdings Group, Inc. (NYSE:WHG)

O Shaughnessy Asset Management LLC bought a new stake in Westwood Holdings Group, Inc. (NYSE:WHG) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 7,943 shares of the asset manager’s stock, valued at approximately $173,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in WHG. BNP Paribas Arbitrage SA grew its position in shares of Westwood Holdings Group by 76.2% in the first quarter. BNP Paribas Arbitrage SA now owns 3,656 shares of the asset manager’s stock valued at $53,000 after purchasing an additional 1,581 shares during the period. New York State Common Retirement Fund grew its position in shares of Westwood Holdings Group by 111.3% in the first quarter. New York State Common Retirement Fund now owns 4,366 shares of the asset manager’s stock valued at $63,000 after purchasing an additional 2,300 shares during the period. Captrust Financial Advisors grew its position in shares of Westwood Holdings Group by 54.0% in the first quarter. Captrust Financial Advisors now owns 4,312 shares of the asset manager’s stock valued at $63,000 after purchasing an additional 1,512 shares during the period. Barclays PLC boosted its position in Westwood Holdings Group by 158.9% during the first quarter. Barclays PLC now owns 6,432 shares of the asset manager’s stock worth $93,000 after acquiring an additional 3,948 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in Westwood Holdings Group by 8.0% during the first quarter. Royal Bank of Canada now owns 6,796 shares of the asset manager’s stock worth $99,000 after acquiring an additional 502 shares during the last quarter. Institutional investors and hedge funds own 53.15% of the company’s stock.

Separately, TheStreet upgraded shares of Westwood Holdings Group from a “d+” rating to a “c-” rating in a research report on Wednesday, June 9th.

WHG opened at $19.52 on Tuesday. The firm has a market capitalization of $162.60 million, a PE ratio of -62.97 and a beta of 1.54. Westwood Holdings Group, Inc. has a twelve month low of $9.42 and a twelve month high of $27.01. The firm’s 50-day moving average price is $22.30 and its 200 day moving average price is $19.88.

The firm also recently declared a None dividend, which was paid on Friday, August 20th. Investors of record on Friday, August 6th were given a dividend of $0.40 per share. The ex-dividend date was Thursday, August 5th. This represents a yield of 1.69%.

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.

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Institutional Ownership by Quarter for Westwood Holdings Group (NYSE:WHG)

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