Xponance Inc. Takes $105,000 Position in WisdomTree, Inc. (NYSE:WT)

Xponance Inc. acquired a new position in WisdomTree, Inc. (NYSE:WT) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 10,043 shares of the company’s stock, valued at approximately $105,000.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of WisdomTree by 390.7% in the third quarter. FMR LLC now owns 2,859,073 shares of the company’s stock worth $28,562,000 after acquiring an additional 2,276,452 shares during the last quarter. Azora Capital LP lifted its holdings in WisdomTree by 12.1% in the 3rd quarter. Azora Capital LP now owns 10,609,577 shares of the company’s stock valued at $105,990,000 after purchasing an additional 1,142,151 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of WisdomTree during the 4th quarter worth about $4,262,000. State Street Corp grew its holdings in shares of WisdomTree by 7.6% during the third quarter. State Street Corp now owns 5,678,905 shares of the company’s stock worth $56,732,000 after buying an additional 399,839 shares in the last quarter. Finally, Edgestream Partners L.P. grew its holdings in shares of WisdomTree by 498.8% during the fourth quarter. Edgestream Partners L.P. now owns 468,117 shares of the company’s stock worth $4,915,000 after buying an additional 389,945 shares in the last quarter. 78.64% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

WisdomTree Stock Down 2.2 %

Shares of NYSE WT opened at $8.97 on Friday. The stock has a market capitalization of $1.32 billion, a PE ratio of 28.92 and a beta of 1.53. The company has a quick ratio of 2.13, a current ratio of 2.92 and a debt-to-equity ratio of 1.28. The firm has a fifty day moving average of $9.26 and a 200-day moving average of $10.09. WisdomTree, Inc. has a 52-week low of $7.96 and a 52-week high of $12.45.

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

WisdomTree Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.12 dividend on an annualized basis and a yield of 1.34%. WisdomTree’s dividend payout ratio (DPR) is 38.71%.

Insider Transactions at WisdomTree

In other news, insider Alexis Marinof sold 90,980 shares of the company’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $9.87, for a total value of $897,972.60. Following the completion of the sale, the insider now owns 221,146 shares of the company’s stock, valued at $2,182,711.02. This represents a 29.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 7.80% of the company’s stock.

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.