Alert: Positive Investment/Fundamental Signals (12/4/23)-Westwood Holdings Group Inc. (NYSE: WHG)

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Recent extremely meaningful positive changes in investment behavior have benefitted Westwood Holdings Group Inc. (NYSE: WHG): the stock rose on very heavy volume, and positive upside/downside volume developed.

Westwood Holdings Group Inc. (NYSE: WHG). Notable positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, WHG is expected to continue to be Value Creation neutral.

Westwood Holdings Group has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Westwood Holdings Group has a neutral Power Rating of 42 but a poor Appreciation Score of 25, producing the Negative Value Trend Rating.

Recent Price Action

On 12/4/23, Westwood Holdings Group Inc. (NYSE: WHG) stock enjoyed a large increase of 2.7%, closing at $11.25. Moreover, trading volume in this advance was exceptionally high at 466% of normal. Relative to the market the stock has been weak over the last nine months but has risen 2.3% during the last week.

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