WisdomTree, Inc. (NYSE:WT) Position Increased by Rothschild Investment LLC

Rothschild Investment LLC lifted its position in shares of WisdomTree, Inc. (NYSE:WT - Free Report) by 12.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 274,158 shares of the company's stock after purchasing an additional 29,395 shares during the quarter. Rothschild Investment LLC owned 0.19% of WisdomTree worth $2,445,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quarry LP boosted its position in 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 buying an additional 2,650 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of WisdomTree by 173.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,793 shares of the company's stock valued at $39,000 after acquiring an additional 2,405 shares in the last quarter. Versant Capital Management Inc boosted its holdings in WisdomTree by 310.5% in the first quarter. Versant Capital Management Inc now owns 5,263 shares of the company's stock valued at $47,000 after purchasing an additional 3,981 shares during the period. Federated Hermes Inc. grew its stake 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 purchasing an additional 1,777 shares in the last quarter. Finally, Stonebridge Financial Group LLC acquired a new position in WisdomTree during the 4th quarter worth $60,000. Institutional investors and hedge funds own 78.64% of the company's stock.

WisdomTree Trading Up 0.6%

NYSE:WT traded up $0.06 on Tuesday, hitting $9.54. 1,082,875 shares of the stock were exchanged, compared to its average volume of 1,561,579. The stock has a market cap of $1.40 billion, a PE ratio of 30.76 and a beta of 1.07. WisdomTree, Inc. has a fifty-two week low of $7.47 and a fifty-two week high of $12.45. The company has a current ratio of 2.92, a quick ratio of 2.13 and a debt-to-equity ratio of 1.28. The stock has a fifty day moving average of $8.89 and a 200-day moving average of $9.63.

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

WisdomTree Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th were paid a dividend of $0.03 per share. The ex-dividend date was Wednesday, May 14th. This represents a $0.12 dividend on an annualized basis and a yield of 1.26%. WisdomTree's dividend payout ratio (DPR) is 34.29%.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group decreased 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 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. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $12.42.

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.