WisdomTree, Inc. (NYSE:WT) is Azora Capital LP's 6th Largest Position

Azora Capital LP trimmed its position in shares of WisdomTree, Inc. (NYSE:WT - Free Report) by 0.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,576,624 shares of the company's stock after selling 32,953 shares during the period. WisdomTree makes up approximately 5.0% of Azora Capital LP's holdings, making the stock its 6th biggest holding. Azora Capital LP owned approximately 7.24% of WisdomTree worth $111,055,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Quarry LP raised its stake in shares of WisdomTree by 1,778.5% in the fourth quarter. Quarry LP now owns 2,799 shares of the company's stock valued at $29,000 after acquiring an additional 2,650 shares during the period. Smartleaf Asset Management LLC raised its position in WisdomTree by 173.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,793 shares of the company's stock worth $39,000 after purchasing an additional 2,405 shares during the period. Federated Hermes Inc. lifted its stake in WisdomTree by 60.7% in the fourth quarter. Federated Hermes Inc. now owns 4,705 shares of the company's stock worth $49,000 after purchasing an additional 1,777 shares during the last quarter. Stonebridge Financial Group LLC purchased a new position in shares of WisdomTree during the fourth quarter valued at approximately $60,000. Finally, KBC Group NV grew its stake in shares of WisdomTree by 48.4% during the fourth quarter. KBC Group NV now owns 7,792 shares of the company's stock valued at $82,000 after buying an additional 2,540 shares during the last quarter. Institutional investors own 78.64% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on WT. The Goldman Sachs Group decreased their price target on WisdomTree from $9.75 to $8.50 and set a "sell" rating for the company in a research note on Monday, April 14th. Keefe, Bruyette & Woods cut their price target on shares of WisdomTree from $12.00 to $10.50 and set a "market perform" rating on the stock in a report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $12.42.

WisdomTree Stock Down 0.3 %

Shares of WT stock traded down $0.03 during mid-day trading on Friday, hitting $9.35. The stock had a trading volume of 761,441 shares, compared to its average volume of 1,542,064. WisdomTree, Inc. has a 12-month low of $7.47 and a 12-month high of $12.45. 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's 50-day moving average is $8.60 and its two-hundred day moving average is $9.79. The firm has a market capitalization of $1.37 billion, a P/E ratio of 30.16 and a beta of 1.07.

WisdomTree (NYSE:WT - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The company reported $0.16 earnings per share for the quarter, hitting analysts' consensus estimates of $0.16. The company had revenue of $108.08 million during the quarter, compared to analyst estimates of $108.47 million. WisdomTree had a net margin of 15.59% and a return on equity of 24.67%. The firm's revenue for the quarter was up 11.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.12 earnings per share. On average, analysts predict that WisdomTree, Inc. will post 0.72 earnings per share for the current fiscal year.

WisdomTree Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be paid 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 1.28%. WisdomTree's dividend payout ratio is presently 34.29%.

WisdomTree 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.