D. E. Shaw & Co. Inc. Acquires New Position in WisdomTree, Inc. (NYSE:WT)

D. E. Shaw & Co. Inc. purchased a new stake in shares of WisdomTree, Inc. (NYSE:WT - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 270,679 shares of the company's stock, valued at approximately $2,842,000. D. E. Shaw & Co. Inc. owned approximately 0.19% of WisdomTree at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in WT. ExodusPoint Capital Management LP boosted its stake in WisdomTree by 127.2% in the fourth quarter. ExodusPoint Capital Management LP now owns 1,162,993 shares of the company's stock valued at $12,211,000 after acquiring an additional 651,121 shares during the last quarter. BNP Paribas Financial Markets grew its stake in WisdomTree by 358.8% during the fourth quarter. BNP Paribas Financial Markets now owns 714,010 shares of the company's stock valued at $7,497,000 after acquiring an additional 558,392 shares in the last quarter. JPMorgan Chase & Co. grew its stake in WisdomTree by 157.4% during the fourth quarter. JPMorgan Chase & Co. now owns 880,489 shares of the company's stock valued at $9,245,000 after acquiring an additional 538,385 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in WisdomTree by 188.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 722,586 shares of the company's stock valued at $7,587,000 after acquiring an additional 472,505 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in WisdomTree during the fourth quarter valued at approximately $4,262,000. 78.64% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut their price target on shares of WisdomTree from $9.75 to $8.50 and set a "sell" rating for the company 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 assigned a buy rating to the stock. Based on data from MarketBeat.com, WisdomTree presently has a consensus rating of "Hold" and an average target price of $12.42.

WisdomTree Trading Down 1.0%

NYSE:WT traded down $0.10 during midday trading on Friday, reaching $9.38. 585,408 shares of the stock traded hands, compared to its average volume of 1,567,458. The company has a fifty day moving average of $8.82 and a 200 day moving average of $9.71. 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 quick ratio of 2.13 and a current ratio of 2.92. The stock has a market capitalization of $1.38 billion, a P/E ratio of 30.26 and a beta of 1.07.

WisdomTree (NYSE:WT - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The company reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16. WisdomTree had a net margin of 15.59% and a return on equity of 24.67%. The business had revenue of $108.08 million during the quarter, compared to analyst estimates of $108.47 million. During the same period in the prior year, the business earned $0.12 EPS. The company's revenue for the quarter was up 11.7% on a year-over-year basis. On average, research analysts predict 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. Shareholders of record on Wednesday, May 14th will be issued a $0.03 dividend. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $0.12 annualized dividend and a yield of 1.28%. WisdomTree's dividend payout ratio (DPR) is presently 34.29%.

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.