Westwood Holdings Group (NYSE:WHG) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Westwood Holdings Group, Inc. (NYSE:WHG) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $14.39 and traded as high as $15.26. Westwood Holdings Group shares last traded at $15.18, with a volume of 9,611 shares.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Westwood Holdings Group from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th.

Westwood Holdings Group Price Performance

The company has a market capitalization of $140.72 million, a PE ratio of 45.99 and a beta of 1.13. The firm’s fifty day simple moving average is $15.17 and its 200 day simple moving average is $14.39.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Peapod Lane Capital LLC acquired a new position in shares of Westwood Holdings Group in the fourth quarter worth about $2,533,000. Allspring Global Investments Holdings LLC raised its position in shares of Westwood Holdings Group by 0.3% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 585,843 shares of the asset manager’s stock worth $8,741,000 after acquiring an additional 1,725 shares during the period. Empowered Funds LLC raised its position in shares of Westwood Holdings Group by 5.4% during the 4th quarter. Empowered Funds LLC now owns 26,460 shares of the asset manager’s stock worth $384,000 after purchasing an additional 1,353 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Westwood Holdings Group by 87.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 27,861 shares of the asset manager’s stock worth $396,000 after purchasing an additional 13,000 shares during the last quarter. Finally, Arete Wealth Advisors LLC raised its position in shares of Westwood Holdings Group by 11.9% during the 3rd quarter. Arete Wealth Advisors LLC now owns 20,427 shares of the asset manager’s stock worth $294,000 after purchasing an additional 2,178 shares during the last quarter. Institutional investors and hedge funds own 56.64% of the company’s stock.

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.