SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   ----------

                                    FORM 8-K

                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): February 3, 2004

                          WESTWOOD HOLDINGS GROUP, INC.
               (Exact name of registrant as specified in charter)

       Delaware                      001-31234             75-2969997
(State or other jurisdiction       (Commission           (IRS Employer
     of incorporation)              File Number)        Identification No.)

               300 Crescent Court, Suite 1300, Dallas, Texas 75201
                    (Address of principal executive offices)

                                 (214) 756-6900
              (Registrant's telephone number, including area code)




ITEM 7. EXHIBITS

(c)   Exhibits: The following exhibit is furnished with this report:

Exhibit Number                       Description

99.1              Press Release dated February 3, 2004, entitled "Westwood
                  Holdings Group, Inc. Announces 33% Increase in Quarterly
                  Dividend and Reports Q4 and Fiscal Year 2003 Results"

ITEM 9. REGULATION FD DISCLOSURE / RESULTS OF OPERATIONS AND FINANCIAL CONDITION

In accordance with Securities and Exchange Commission Release No. 34-47583, the
following information, which is being furnished pursuant to the requirements of
Item 12, "Results of Operations and Financial Condition," is being reported
under Item 9, "Regulation FD Disclosure."

On February 3, 2004, Westwood Holdings Group, Inc. issued a press release
entitled "Westwood Holdings Group, Inc. Announces 33% Increase in Quarterly
Dividend and Reports Q4 and Fiscal Year 2003 Results," a copy of which is
furnished with this Current Report on Form 8-K as Exhibit 99.1. The information
in this Current Report on Form 8-K shall not be deemed to be "filed" for the
purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or
otherwise subject to the liabilities of that Section, nor shall it be deemed
incorporated by reference in any filing of the Company under the Securities Act
of 1933, as amended.




                                   SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Date: February 3, 2004

                                       WESTWOOD HOLDINGS GROUP, INC.

                                       By: /s/  Brian O. Casey
                                           -------------------------------------
                                           Brian O. Casey,
                                           President and Chief Operating Officer




                                  EXHIBIT INDEX

Exhibit Number    Description
--------------    -----------

     99.1         Press release dated February 3, 2004, entitled "Westwood
                  Holdings Group, Inc. Announces 33% Increase in Quarterly
                  Dividend and Reports Q4 and Fiscal Year 2003 Results"