secwatch.observer — SEC 8-K summary
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Issuer:     WESTWOOD HOLDINGS GROUP INC (WHG)
CIK:        0001165002
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001165002-23-000025
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westwood Q4 rev $20.5M, net loss $3.1M; closed Salient acquisition
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- Q4 revenue $20.5M (+6% YoY); net loss $3.1M vs net income $2.8M a year ago, including $5.3M acquisition expenses.
- Acquisition of Salient Partners' asset management closed Nov 18; expected ~100% economic EPS accretion in first full year.
- AUM rose to $14.8B from $11.5B QoQ, with $2.7B from Salient; AUA increased to $1.3B.
- Declared $0.15/share quarterly dividend, payable April 3, 2023 to holders of record March 1.
- Multiple strategies beat benchmarks; SmallCap Value, AllCap Value, Select Equity ranked top 20th percentile.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1165002/000116500223000025/0001165002-23-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1165002/000116500223000025/whg-20230215.htm
  HTML page:      https://secwatch.observer/filing/0001165002-23-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer