WisdomTree, Inc. (NYSE:WT) Shares Bought by Rothschild Investment LLC

Rothschild Investment LLC increased its stake in WisdomTree, Inc. (NYSE:WT - Free Report) by 12.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 274,158 shares of the company's stock after buying an additional 29,395 shares during the period. Rothschild Investment LLC owned 0.19% of WisdomTree worth $2,445,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Millennium Management LLC increased its position in shares of WisdomTree by 532.6% during the fourth quarter. Millennium Management LLC now owns 2,031,534 shares of the company's stock worth $21,331,000 after acquiring an additional 1,710,409 shares during the period. Nuveen Asset Management LLC increased its holdings in WisdomTree by 139.9% during the 4th quarter. Nuveen Asset Management LLC now owns 1,270,963 shares of the company's stock worth $13,345,000 after purchasing an additional 741,134 shares during the period. ExodusPoint Capital Management LP raised its position in WisdomTree by 127.2% during the 4th quarter. ExodusPoint Capital Management LP now owns 1,162,993 shares of the company's stock valued at $12,211,000 after purchasing an additional 651,121 shares in the last quarter. BNP Paribas Financial Markets raised its position in WisdomTree by 358.8% during the 4th quarter. BNP Paribas Financial Markets now owns 714,010 shares of the company's stock valued at $7,497,000 after purchasing an additional 558,392 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of WisdomTree by 157.4% in the 4th quarter. JPMorgan Chase & Co. now owns 880,489 shares of the company's stock worth $9,245,000 after buying an additional 538,385 shares during the period. Institutional investors own 78.64% of the company's stock.

WisdomTree Stock Up 0.3%

NYSE:WT traded up $0.03 during mid-day trading on Thursday, hitting $9.78. 1,172,178 shares of the company's stock traded hands, compared to its average volume of 1,566,761. The company has a fifty day moving average of $8.93 and a 200 day moving average of $9.62. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.13 and a current ratio of 2.92. WisdomTree, Inc. has a twelve month low of $7.47 and a twelve month high of $12.45. The company has a market capitalization of $1.44 billion, a P/E ratio of 31.53 and a beta of 1.11.

WisdomTree (NYSE:WT - Get Free Report) last posted 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. The firm had revenue of $108.08 million for the quarter, compared to the consensus estimate of $108.47 million. WisdomTree had a net margin of 15.59% and a return on equity of 24.67%. The company's revenue for the quarter was up 11.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.12 earnings per share. On average, analysts forecast that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were issued a $0.03 dividend. The ex-dividend date was Wednesday, May 14th. This represents a $0.12 annualized dividend and a yield of 1.23%. WisdomTree's dividend payout ratio (DPR) is presently 34.29%.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group lowered their price objective 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 investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $12.42.

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.