WisdomTree, Inc. (NYSE:WT) Shares Sold by Swiss National Bank

Swiss National Bank reduced its position in WisdomTree, Inc. (NYSE:WT) by 3.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 229,900 shares of the company’s stock after selling 9,000 shares during the period. Swiss National Bank owned approximately 0.16% of WisdomTree worth $2,414,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of WT. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of WisdomTree in the fourth quarter valued at about $2,932,000. AlphaQuest LLC grew its stake in shares of WisdomTree by 114.6% during the fourth quarter. AlphaQuest LLC now owns 80,865 shares of the company’s stock valued at $849,000 after acquiring an additional 43,177 shares in the last quarter. Amundi lifted its stake in shares of WisdomTree by 119.1% in the fourth quarter. Amundi now owns 63,148 shares of the company’s stock worth $607,000 after acquiring an additional 34,323 shares in the last quarter. Edgestream Partners L.P. boosted its holdings in WisdomTree by 498.8% in the fourth quarter. Edgestream Partners L.P. now owns 468,117 shares of the company’s stock valued at $4,915,000 after purchasing an additional 389,945 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in WisdomTree during the 4th quarter worth approximately $4,262,000. Hedge funds and other institutional investors own 78.64% of the company’s stock.

WisdomTree Trading Down 0.5 %

NYSE WT opened at $9.16 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.13 and a current ratio of 2.92. WisdomTree, Inc. has a one year low of $7.96 and a one year high of $12.45. The company has a 50-day simple moving average of $9.28 and a 200-day simple moving average of $10.09. The firm has a market capitalization of $1.35 billion, a PE ratio of 29.53 and a beta of 1.53.

WisdomTree (NYSE:WT) last issued its earnings results on Friday, January 31st. The company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.02). WisdomTree had a net margin of 15.59% and a return on equity of 24.67%. On average, equities analysts forecast that WisdomTree, Inc. will post 0.72 earnings per share for the current year.

WisdomTree Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were given a dividend of $0.03 per share. The ex-dividend date was Wednesday, February 12th. This represents a $0.12 dividend on an annualized basis and a yield of 1.31%. WisdomTree’s dividend payout ratio is currently 38.71%.

Insider Buying and Selling

In other news, insider Alexis Marinof sold 90,980 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $9.87, for a total transaction of $897,972.60. Following the completion of the transaction, the insider now directly owns 221,146 shares in the company, valued at approximately $2,182,711.02. The trade was a 29.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 7.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Keefe, Bruyette & Woods dropped their price target on shares of WisdomTree from $12.00 to $10.50 and set a “market perform” rating for the company in a research note on Tuesday, January 14th. Northcoast Research cut shares of WisdomTree from a “buy” rating to a “neutral” rating in a research report on Thursday, January 2nd. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, WisdomTree currently has an average rating of “Moderate Buy” and a consensus price target of $12.54.

WisdomTree Company Profile

WisdomTree, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.