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Stock impact report

Westwood Holdings Group Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]

Westwood Holdings Group Inc (WHG) 
Company Research Source: Yahoo! Finance
Institutional wins for SmidCap Value expected to fund in the first half of this year Managed Investment Solutions joined the Westwood Family DALLAS, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Westwood Holdings Group, Inc. (NYSE: WHG) today reported fourth quarter earnings. Significant items include: SmallCap Value, Select Equity, High Alpha, Dividend Select, Enhanced Balanced, Total Return, Alternative Income and Select Income strategies all beat their primary benchmarks. Strong investment performance came from Income Opportunity, Alternative Income, SmallCap Value, High Income and Total Return all posting top quartile rankings, and Westwood Salient Select Income posted a top decile ranking. Quarterly revenues totaled $23.2 million versus the third quarter's $21.9 million and $20.5 million a year ago. Comprehensive income of $2.6 million compared with $3.4 million in the third quarter and a net loss of $3.1 million in the fourth quarter of 2022. Non-GAAP Economic Earnings of $5.2 Show less Read more
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