Detail akcie Westwod online

Business Summary: Westwood Holdings Group, Inc. manages investment assets and provides services for clients through its subsidiaries, Westwood Management Corp., Westwood Advisors, L.L.C. and Salient Advisors, L.P. The Company’s segments include Advisory and Trust. The Advisory segment provides investment advisory services to corporate pension and profit-sharing plans, public employee retirement funds, Taft-Hartley plans, endowments, foundations and individuals, sub-advisory. It also provides investment management services to the Westwood Funds. The Company’s advisory business investment capabilities: United States Value Equity, Multi-Asset, Energy and Real Assets, Tactical Absolute Return, and Income Alternatives. The Trust segment provides trust and custodial services and participation in common trust funds that it sponsors to institutions and high-net worth individuals. It provides investment advisory services to institutional investors; a family of mutual funds called the Westwood Funds.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Westwood Holdings Group, Inc. revenues remained flat at $22.7M. Net income increased from $693K to $2.3M. Revenues reflect Trust segment increase of 1% to $5.2M, also reflect Advisory segment decrease of 1% to $19.2M, Canada segment decrease of 12% to $257K. Net income benefited from Net interest and dividend revenue increase from $172K to $455K (income).