Two Sigma Advisers LP Acquires 334,400 Shares of WisdomTree, Inc. (NYSE:WT)

Two Sigma Advisers LP lifted its stake in WisdomTree, Inc. (NYSE:WT - Free Report) by 37.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,237,000 shares of the company's stock after purchasing an additional 334,400 shares during the quarter. Two Sigma Advisers LP owned 0.85% of WisdomTree worth $12,988,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of WT. Two Sigma Investments LP increased its holdings in WisdomTree by 10.5% in the 4th quarter. Two Sigma Investments LP now owns 1,500,371 shares of the company's stock worth $15,754,000 after buying an additional 142,226 shares in the last quarter. Tidal Investments LLC increased its holdings in WisdomTree by 3.7% in the 4th quarter. Tidal Investments LLC now owns 458,923 shares of the company's stock worth $4,819,000 after buying an additional 16,161 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in WisdomTree in the 4th quarter worth about $134,000. Man Group plc increased its holdings in WisdomTree by 297.7% in the 4th quarter. Man Group plc now owns 86,392 shares of the company's stock worth $907,000 after buying an additional 64,669 shares in the last quarter. Finally, Nicholas Investment Partners LP increased its holdings in WisdomTree by 4.5% in the 4th quarter. Nicholas Investment Partners LP now owns 726,427 shares of the company's stock worth $7,627,000 after buying an additional 31,446 shares in the last quarter. Hedge funds and other institutional investors own 78.64% of the company's stock.

WisdomTree Stock Performance

Shares of NYSE:WT traded down $0.19 during mid-day trading on Wednesday, reaching $9.51. 113,526 shares of the company traded hands, compared to its average volume of 1,558,994. The company's 50 day moving average price is $8.86 and its 200-day moving average price is $9.70. The firm has a market cap of $1.40 billion, a PE ratio of 30.66 and a beta of 1.07. 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 52 week low of $7.47 and a 52 week high of $12.45.

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

WisdomTree Announces Dividend

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

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group reduced their price objective on WisdomTree from $9.75 to $8.50 and set a "sell" rating for the company in a report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus 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.