AQR Capital Management LLC Sells 108,005 Shares of WisdomTree, Inc. (NYSE:WT)

AQR Capital Management LLC reduced its stake in shares of WisdomTree, Inc. (NYSE:WT - Free Report) by 16.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 531,135 shares of the company's stock after selling 108,005 shares during the quarter. AQR Capital Management LLC owned about 0.36% of WisdomTree worth $5,577,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Northern Trust Corp grew its position in shares of WisdomTree by 1.1% during the 4th quarter. Northern Trust Corp now owns 1,440,197 shares of the company's stock worth $15,122,000 after buying an additional 15,489 shares during the period. Tudor Investment Corp ET AL acquired a new position in shares of WisdomTree in the 4th quarter valued at approximately $2,576,000. Quarry LP grew its position in shares of WisdomTree by 1,778.5% in the 4th quarter. Quarry LP now owns 2,799 shares of the company's stock valued at $29,000 after purchasing an additional 2,650 shares during the period. Susquehanna Fundamental Investments LLC acquired a new position in shares of WisdomTree in the 4th quarter valued at approximately $1,010,000. Finally, Nebula Research & Development LLC grew its position in shares of WisdomTree by 331.9% in the 4th quarter. Nebula Research & Development LLC now owns 65,993 shares of the company's stock valued at $693,000 after purchasing an additional 50,713 shares during the period. 78.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WT has been the subject of several research analyst reports. Keefe, Bruyette & Woods decreased their price objective on WisdomTree from $12.00 to $10.50 and set a "market perform" rating for the company in a research report on Tuesday, January 14th. The Goldman Sachs Group dropped their price objective on WisdomTree from $9.75 to $8.50 and set a "sell" rating on the stock in a research note on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $12.42.

WisdomTree Stock Performance

NYSE WT traded down $0.09 on Wednesday, reaching $9.42. The stock had a trading volume of 145,644 shares, compared to its average volume of 1,544,648. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.92 and a quick ratio of 2.13. The firm has a fifty day moving average of $8.65 and a two-hundred day moving average of $9.76. WisdomTree, Inc. has a 1-year low of $7.47 and a 1-year high of $12.45. The company has a market cap of $1.38 billion, a P/E ratio of 30.37 and a beta of 1.07.

WisdomTree (NYSE:WT - Get Free Report) last posted its earnings results on Friday, May 2nd. The company reported $0.16 EPS for the quarter, meeting the consensus estimate of $0.16. WisdomTree had a return on equity of 24.67% and a net margin of 15.59%. The firm had revenue of $108.08 million during the quarter, compared to the consensus estimate of $108.47 million. During the same period last year, the company earned $0.12 earnings per share. The business's quarterly revenue was up 11.7% on a year-over-year basis. On average, equities research analysts anticipate that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be given a dividend of $0.03 per share. The ex-dividend date is Wednesday, May 14th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.27%. WisdomTree's dividend payout ratio (DPR) is 34.29%.

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.