Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Westwood Holdings Group, Inc. (NYSE:WHG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,053 shares of the asset manager’s stock, valued at approximately $72,000.

Other large investors have also recently made changes to their positions in the company. Martingale Asset Management L P grew its holdings in shares of Westwood Holdings Group by 26.5% during the 1st quarter. Martingale Asset Management L P now owns 51,104 shares of the asset manager’s stock worth $1,803,000 after purchasing an additional 10,700 shares in the last quarter. Geode Capital Management LLC boosted its stake in Westwood Holdings Group by 16.4% in the 4th quarter. Geode Capital Management LLC now owns 107,789 shares of the asset manager’s stock valued at $3,664,000 after buying an additional 15,167 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in Westwood Holdings Group by 57,233.3% in the 1st quarter. BNP Paribas Arbitrage SA now owns 1,720 shares of the asset manager’s stock valued at $61,000 after buying an additional 1,717 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Westwood Holdings Group by 3.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 374,407 shares of the asset manager’s stock valued at $12,730,000 after buying an additional 13,352 shares in the last quarter. Finally, Metropolitan Life Insurance Co. NY boosted its stake in Westwood Holdings Group by 394.5% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 2,873 shares of the asset manager’s stock valued at $98,000 after buying an additional 2,292 shares in the last quarter. 63.49% of the stock is currently owned by institutional investors.

Westwood Holdings Group stock traded down $0.02 on Thursday, reaching $29.80. The company’s stock had a trading volume of 976 shares, compared to its average volume of 34,915. The company has a debt-to-equity ratio of 0.06, a quick ratio of 7.56 and a current ratio of 7.56. The company has a market cap of $266.29 million, a price-to-earnings ratio of 16.82 and a beta of 1.37. The business’s fifty day moving average price is $31.68 and its 200 day moving average price is $33.62. Westwood Holdings Group, Inc. has a twelve month low of $28.10 and a twelve month high of $59.40.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Friday, September 6th will be paid a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 9.66%. The ex-dividend date of this dividend is Thursday, September 5th.

Separately, ValuEngine raised Westwood Holdings Group from a “sell” rating to a “hold” rating in a research note on Thursday, May 23rd.

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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