Barclays PLC Has $2.68 Million Stock Holdings in WisdomTree, Inc. (NYSE:WT)

Barclays PLC boosted its stake in WisdomTree, Inc. (NYSE:WT) by 201.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 268,668 shares of the company’s stock after buying an additional 179,493 shares during the quarter. Barclays PLC owned approximately 0.18% of WisdomTree worth $2,684,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Headlands Technologies LLC bought a new stake in shares of WisdomTree in the 2nd quarter valued at approximately $27,000. GAMMA Investing LLC grew its position in WisdomTree by 76.8% in the third quarter. GAMMA Investing LLC now owns 4,054 shares of the company’s stock worth $40,000 after acquiring an additional 1,761 shares in the last quarter. Park Avenue Securities LLC acquired a new position in shares of WisdomTree during the 3rd quarter worth $105,000. Benjamin Edwards Inc. bought a new position in shares of WisdomTree during the 2nd quarter valued at $115,000. Finally, Foundry Partners LLC acquired a new stake in shares of WisdomTree in the 2nd quarter valued at $118,000. Institutional investors and hedge funds own 78.64% of the company’s stock.

WisdomTree Trading Up 1.8 %

WisdomTree stock opened at $10.69 on Wednesday. WisdomTree, Inc. has a 52 week low of $6.57 and a 52 week high of $12.45. The company has a debt-to-equity ratio of 1.36, a quick ratio of 2.16 and a current ratio of 2.88. The firm has a market capitalization of $1.56 billion, a PE ratio of 36.86 and a beta of 1.46. The business’s 50-day simple moving average is $11.07 and its 200-day simple moving average is $10.41.

WisdomTree Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Wednesday, November 6th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.12%. WisdomTree’s dividend payout ratio (DPR) is presently 41.38%.

Wall Street Analyst Weigh In

WT has been the topic of several analyst reports. UBS Group increased their target price on shares of WisdomTree from $12.00 to $14.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Northcoast Research downgraded WisdomTree from a “strong-buy” rating to a “hold” rating in a research note on Sunday, September 15th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $12.25.

Insider Activity

In other news, insider Etfs Capital Limited. sold 3,000,000 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $11.34, for a total transaction of $34,020,000.00. Following the completion of the transaction, the insider now owns 12,250,000 shares of the company’s stock, valued at approximately $138,915,000. This represents a 19.67 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jonathan L. Steinberg bought 67,869 shares of WisdomTree stock in a transaction that occurred on Friday, November 8th. The stock was bought at an average price of $10.84 per share, with a total value of $735,699.96. Following the purchase, the chief executive officer now owns 9,240,707 shares of the company’s stock, valued at $100,169,263.88. This trade represents a 0.74 % increase in their position. The disclosure for this purchase can be found here. 7.80% of the stock is owned by company insiders.

About WisdomTree

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.