174,546 Shares in Westwood Holdings Group, Inc. (NYSE:WHG) Purchased by Peapod Lane Capital LLC

Peapod Lane Capital LLC purchased a new position in Westwood Holdings Group, Inc. (NYSE:WHG) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 174,546 shares of the asset manager’s stock, valued at approximately $2,533,000. Westwood Holdings Group makes up about 2.5% of Peapod Lane Capital LLC’s investment portfolio, making the stock its 13th largest holding. Peapod Lane Capital LLC owned 1.88% of Westwood Holdings Group as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. De Lisle Partners LLP grew its stake in Westwood Holdings Group by 131.4% during the third quarter. De Lisle Partners LLP now owns 68,680 shares of the asset manager’s stock valued at $972,000 after acquiring an additional 38,996 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Westwood Holdings Group by 2.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 584,118 shares of the asset manager’s stock valued at $8,294,000 after purchasing an additional 12,680 shares during the last quarter. Arete Wealth Advisors LLC grew its position in shares of Westwood Holdings Group by 11.9% during the third quarter. Arete Wealth Advisors LLC now owns 20,427 shares of the asset manager’s stock valued at $294,000 after purchasing an additional 2,178 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Westwood Holdings Group by 5.0% in the third quarter. Empowered Funds LLC now owns 25,107 shares of the asset manager’s stock worth $357,000 after purchasing an additional 1,206 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of Westwood Holdings Group by 87.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 27,861 shares of the asset manager’s stock worth $396,000 after buying an additional 13,000 shares in the last quarter. 56.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Westwood Holdings Group Trading Up 5.3 %

Shares of WHG opened at $16.11 on Thursday. The company’s fifty day simple moving average is $15.12 and its 200-day simple moving average is $14.51. The company has a market cap of $149.29 million, a P/E ratio of 48.80 and a beta of 1.13. Westwood Holdings Group, Inc. has a twelve month low of $11.01 and a twelve month high of $18.03.

Westwood Holdings Group (NYSE:WHG) last announced its quarterly earnings data on Wednesday, February 12th. The asset manager reported $0.35 EPS for the quarter. Westwood Holdings Group had a return on equity of 3.27% and a net margin of 2.92%.

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.