Centiva Capital LP Takes $278,000 Position in WisdomTree, Inc. (NYSE:WT)

Centiva Capital LP acquired a new position in WisdomTree, Inc. (NYSE:WT - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 26,466 shares of the company's stock, valued at approximately $278,000.

Several other large investors have also recently made changes to their positions in WT. Navellier & Associates Inc. lifted its holdings in WisdomTree by 11.4% during the 4th quarter. Navellier & Associates Inc. now owns 15,226 shares of the company's stock worth $160,000 after buying an additional 1,556 shares in the last quarter. Federated Hermes Inc. lifted its holdings in WisdomTree by 60.7% during the 4th quarter. Federated Hermes Inc. now owns 4,705 shares of the company's stock worth $49,000 after buying an additional 1,777 shares in the last quarter. EntryPoint Capital LLC raised its holdings in shares of WisdomTree by 6.7% in the 4th quarter. EntryPoint Capital LLC now owns 29,622 shares of the company's stock valued at $311,000 after purchasing an additional 1,870 shares in the last quarter. Bank of Montreal Can raised its holdings in shares of WisdomTree by 11.6% in the 4th quarter. Bank of Montreal Can now owns 18,702 shares of the company's stock valued at $196,000 after purchasing an additional 1,951 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of WisdomTree by 173.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,793 shares of the company's stock valued at $39,000 after purchasing an additional 2,405 shares in the last quarter. 78.64% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on WT shares. The Goldman Sachs Group dropped their target price on WisdomTree from $9.75 to $8.50 and set a "sell" rating on the stock in a report on Monday, April 14th. Keefe, Bruyette & Woods dropped their target price on WisdomTree from $12.00 to $10.50 and set a "market perform" rating on the stock in a report on Tuesday, January 14th. One investment 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, WisdomTree presently has an average rating of "Hold" and an average price target of $12.42.

WisdomTree Stock Performance

NYSE WT opened at $9.52 on Tuesday. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.92 and a quick ratio of 2.13. WisdomTree, Inc. has a 1 year low of $7.47 and a 1 year high of $12.45. The company has a market capitalization of $1.40 billion, a PE ratio of 30.71 and a beta of 1.07. The company has a fifty day moving average of $8.64 and a two-hundred day moving average of $9.76.

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

WisdomTree Announces Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 1.26%. 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.

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