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Stock impact report

Westwood Holdings Group, Inc. Reports Third Quarter 2024 Results

Westwood Holdings Group Inc (WHG) 
Company Research Source: GlobeNewswire
Firmwide Assets Under Management of $17.7 Billion (Highest Level in 6 years)Continued Innovation with WEBs Partnership to Expand ETF Platform DALLAS, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Westwood Holdings Group, Inc. (NYSE: WHG) today reported third quarter 2024 earnings. Significant items included: Investment strategies beating their primary benchmarks included Platinum, High Alpha, Dividend Select, Income Opportunity, Multi-Asset Income, Alternative Income, Credit Opportunities, Real Estate Income, Tactical Growth SMA, MLP SMA, MLP High Conviction and MLP & Energy Infrastructure.Dividend Select and Income Opportunity posted top third rankings, and Multi-Asset Income, Credit Opportunities and MLP SMA all posted top quartile rankings in their peer universes.Quarterly revenues totaled $23.7 million up from the second quarter's $22.7 million and $21.9 million a year ago. Comprehensive income of $0.1 million compared with the second quarter's loss of $2.2 million and income of $3.4 Show less Read more
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