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Westwood Holdings Group Inc - WHG STOCK NEWS

Welcome to our dedicated news page for Westwood Holdings Group (Ticker: WHG), a resource for investors and traders seeking the latest updates and insights on Westwood Holdings Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Westwood Holdings Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Westwood Holdings Group's position in the market.

Rhea-AI Summary
Westwood Holdings Group, Inc. will release its first quarter 2024 earnings on May 1, 2024, followed by a conference call/webcast. The company offers investment solutions to institutional investors, private wealth clients, and financial intermediaries, specializing in various investment capabilities. Westwood trades on the NYSE under the symbol 'WHG'.
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Rhea-AI Summary
Westwood Holdings Group (WHG) launches the Westwood Salient Enhanced Midstream Income ETF (NYSE: MDST) to provide high monthly distributable income through investing in midstream energy companies and MLPs. The ETF aims to deliver current income and capital appreciation by utilizing an options overlay for enhanced income distributions.
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3.01%
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Rhea-AI Summary
Westwood Holdings Group announces founder Susan M. Byrne transitioning to Director Emerita role, not seeking re-election. CEO Brian Casey expresses gratitude for Byrne's contributions and leadership at Westwood.
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-1.07%
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management
Rhea-AI Summary
Westwood Holdings Group, Inc. (WHG) reported strong fourth-quarter earnings with various investment strategies outperforming benchmarks. Quarterly revenues increased to $23.2 million, comprehensive income was $2.6 million, and non-GAAP Economic Earnings reached $5.2 million. The company's annual comprehensive income totaled $9.5 million, with $53.1 million in cash and short-term investments. Westwood declared a cash dividend of $0.15 per common share. The CEO highlighted positive results from strategies, upcoming SmidCap Value wins, and business growth. Revenues increased due to higher AUM following acquisitions, with firmwide assets under management totaling $16.6 billion. Net income for the fourth quarter was $2.6 million, with diluted EPS of $0.32. Non-GAAP Economic Earnings were $0.63 per share. 2023 net income was $10.6 million, with diluted EPS of $1.17 and Economic EPS of $2.55.
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1.54%
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Rhea-AI Summary
Westwood Holdings Group, Inc. (WHG) will release its Q4 and fiscal year 2023 earnings on February 14, 2024. The company offers investment solutions to institutional investors, private wealth clients, and financial intermediaries. It specializes in U.S. Value Equity, Multi-Asset, Tactical Absolute Return, Energy & Real Assets, and Income Alternatives. Westwood also provides Managed Investment Solutions and Exchange Traded Funds (ETFs). The firm benefits from broad-based employee ownership and trades on the NYSE under the symbol 'WHG'.
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0.41%
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conferences earnings
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Rhea-AI Summary
Westwood Holdings Group, Inc. reported strong third quarter 2023 earnings with revenues of $21.9 million and net income of $4.4 million. The company's investment strategies outperformed their benchmarks, and several strategies ranked in the top quartile. Westwood launched Managed Investment Solutions and Westwood Energy Secondaries Fund. The company held $48.5 million in cash and short-term investments and has no debt. A cash dividend of $0.15 per common share was declared.
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2.53%
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Westwood Holdings Group announces the addition of a Managed Investment Solutions team based in Chicago. The team will provide customized investment solutions to institutional and wealth investors. The team members have an average of 25 years of institutional investment experience and a proven track record. The approach is focused on active design partnered with passive implementation.
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Westwood Holdings Group, Inc. to release Q3 2023 earnings on October 31, 2023
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1.68%
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Westwood Holdings Group Inc

NYSE:WHG

WHG Rankings

WHG Stock Data

124.57M
5.44M
16.14%
56.87%
0.13%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States
Dallas

About WHG

westwood holdings group, inc. provides investment management services to institutional investors, private wealth clients and financial intermediaries. the firm has $21.6 billion in assets under management, of which $3.4 billion are in values-based and socially responsible investment mandates as of june 30, 2018. westwood offers a range of investment strategies including u.s. equities, multi-asset, global and emerging markets equities, global convertible securities and master limited partnerships (mlps) portfolios. access to these strategies is available through separate accounts, the westwood funds® family of mutual funds, ucits funds and other pooled vehicles. westwood benefits from significant, broad-based employee ownership and trades on the new york stock exchange under the symbol “whg.” based in dallas, westwood also maintains offices in toronto, boston and houston.