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

Westwood Holdings Group (NYSE:WHG) will be announcing its earnings results after the market closes on Wednesday, May 1st. Persons that wish to register for the company’s earnings conference call can do so using this link.

Westwood Holdings Group (NYSE:WHG) last issued its quarterly earnings results on Wednesday, February 14th. The asset manager reported $0.47 earnings per share (EPS) for the quarter. Westwood Holdings Group had a net margin of 11.77% and a return on equity of 12.78%. The company had revenue of $23.23 million during the quarter.

Westwood Holdings Group Price Performance

Shares of NYSE WHG opened at $12.95 on Tuesday. Westwood Holdings Group has a 1 year low of $8.91 and a 1 year high of $14.20. The firm has a 50-day moving average of $12.54 and a 200 day moving average of $11.69. The stock has a market cap of $120.82 million, a P/E ratio of 10.97 and a beta of 1.23.

Westwood Holdings Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Friday, March 1st were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $0.60 annualized dividend and a dividend yield of 4.63%. Westwood Holdings Group’s payout ratio is 50.85%.

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.