Westwood Holdings Group (WHG) Set to Announce Earnings on Wednesday

Westwood Holdings Group (NYSE:WHG) will be announcing its earnings results after the market closes on Wednesday, October 30th. Individual interested in participating in the company’s earnings conference call can do so using this link.

Westwood Holdings Group (NYSE:WHG) last issued its earnings results on Wednesday, July 31st. The asset manager reported ($0.18) earnings per share (EPS) for the quarter. The company had revenue of $22.69 million during the quarter. Westwood Holdings Group had a net margin of 7.63% and a return on equity of 7.86%.

Westwood Holdings Group Price Performance

NYSE WHG opened at $14.88 on Tuesday. Westwood Holdings Group has a 12 month low of $8.95 and a 12 month high of $18.03. The company has a market capitalization of $138.24 million, a price-to-earnings ratio of 20.38 and a beta of 1.15. The firm’s fifty day moving average price is $13.87 and its 200 day moving average price is $12.97.

Westwood Holdings Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Monday, September 2nd were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend was Friday, August 30th. Westwood Holdings Group’s payout ratio is 82.19%.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Westwood Holdings Group in a research report on Tuesday. They issued a “hold” rating for the company.

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.