Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Westwood Holdings Group ( (WHG) ) has issued an update.
Westwood Holdings Group reported its fourth quarter and full year 2024 results, highlighting a significant increase in revenues and comprehensive income compared to the previous quarter. The company successfully launched two innovative ETFs and exceeded performance benchmarks in several investment strategies, contributing to a positive financial outcome. Westwood also declared a quarterly cash dividend and authorized a significant share repurchase program, indicating strong financial health and commitment to shareholder value. The firm’s enhanced capabilities in energy and real estate income strategies following the Salient acquisition have broadened its product reach and improved its average fee rate.
More about Westwood Holdings Group
Westwood Holdings Group, Inc. is an investment management boutique and wealth management firm established in 1983. The company provides a wide range of investment solutions to institutional investors, private wealth clients, and financial intermediaries. It specializes in U.S. Value Equity, Multi-Asset, Energy & Real Assets, and other investment capabilities. Westwood operates through various investment vehicles, including mutual funds and ETFs, and is listed on the NYSE under the symbol ‘WHG.’ The company is headquartered in Dallas, with additional offices in Chicago, Houston, and San Francisco.
YTD Price Performance: 2.55%
Average Trading Volume: 14,685
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $141.7M
For a thorough assessment of WHG stock, go to TipRanks’ Stock Analysis page.
