WisdomTree, Inc. (NYSE:WT) Stake Boosted by Two Sigma Investments LP

Two Sigma Investments LP raised its holdings in shares of WisdomTree, Inc. (NYSE:WT - Free Report) by 10.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,500,371 shares of the company's stock after purchasing an additional 142,226 shares during the period. Two Sigma Investments LP owned 1.03% of WisdomTree worth $15,754,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Tidal Investments LLC increased its holdings in WisdomTree by 3.7% in the fourth quarter. Tidal Investments LLC now owns 458,923 shares of the company's stock valued at $4,819,000 after buying an additional 16,161 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in WisdomTree during the fourth quarter worth $134,000. Man Group plc lifted its position in WisdomTree by 297.7% in the fourth quarter. Man Group plc now owns 86,392 shares of the company's stock valued at $907,000 after buying an additional 64,669 shares during the last quarter. Nicholas Investment Partners LP raised its position in WisdomTree by 4.5% in the fourth quarter. Nicholas Investment Partners LP now owns 726,427 shares of the company's stock valued at $7,627,000 after purchasing an additional 31,446 shares during the period. Finally, Nuveen Asset Management LLC lifted its stake 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 acquiring an additional 741,134 shares in the last quarter. 78.64% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lowered their price objective on WisdomTree from $9.75 to $8.50 and set a "sell" rating for the company in a research report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, WisdomTree currently has a consensus rating of "Hold" and a consensus price target of $12.42.

WisdomTree Stock Performance

Shares of WT traded up $0.31 during mid-day trading on Tuesday, reaching $9.68. 379,605 shares of the company's stock were exchanged, compared to its average volume of 1,562,794. WisdomTree, Inc. has a 52-week low of $7.47 and a 52-week high of $12.45. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.92 and a quick ratio of 2.13. The stock has a market capitalization of $1.42 billion, a PE ratio of 31.21 and a beta of 1.07. The business's fifty day simple moving average is $8.84 and its 200-day simple moving average is $9.70.

WisdomTree (NYSE:WT - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported $0.16 EPS for the quarter, meeting analysts' consensus estimates of $0.16. The firm had revenue of $108.08 million during 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 firm's revenue was up 11.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.12 earnings per share. On average, equities research analysts expect that WisdomTree, Inc. will post 0.72 earnings per share for the current 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 given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Wednesday, May 14th. WisdomTree's dividend payout ratio is presently 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.