Two Sigma Investments LP Has $15.75 Million Stock Position in WisdomTree, Inc. (NYSE:WT)

Two Sigma Investments LP grew its stake in WisdomTree, Inc. (NYSE:WT - Free Report) by 10.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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 approximately 1.03% of WisdomTree worth $15,754,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of WT. Tidal Investments LLC boosted its holdings in shares of 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 acquiring an additional 16,161 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of WisdomTree in the 4th quarter worth approximately $134,000. Man Group plc boosted its holdings in shares of 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 acquiring an additional 64,669 shares in the last quarter. Nicholas Investment Partners LP boosted its holdings in shares of 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 acquiring an additional 31,446 shares in the last quarter. Finally, Nuveen Asset Management LLC boosted its holdings in shares of WisdomTree by 139.9% in 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 institutional investors.

Analyst Ratings Changes

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

WisdomTree Trading Down 1.9%

Shares of NYSE WT traded down $0.19 during midday trading on Wednesday, hitting $9.51. The stock had a trading volume of 113,526 shares, compared to its average volume of 1,558,994. The company's 50-day simple moving average is $8.86 and its 200 day simple moving average is $9.70. The firm has a market cap of $1.40 billion, a P/E ratio of 30.66 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 debt-to-equity ratio of 1.28, a current ratio of 2.92 and a quick ratio of 2.13.

WisdomTree (NYSE:WT - Get Free Report) last released its earnings results on Friday, May 2nd. The company reported $0.16 EPS for the quarter, meeting the consensus estimate of $0.16. The company had revenue of $108.08 million during the quarter, compared to analysts' expectations of $108.47 million. WisdomTree had a return on equity of 24.67% and a net margin of 15.59%. The business's revenue for the quarter was up 11.7% on a year-over-year basis. During the same period last year, the firm earned $0.12 EPS. Research analysts anticipate that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be paid a $0.03 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $0.12 annualized dividend and a dividend yield of 1.26%. WisdomTree's dividend payout ratio (DPR) is currently 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.