WisdomTree, Inc. (NYSE:WT) Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in WisdomTree, Inc. (NYSE:WT - Free Report) by 7.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 444,588 shares of the company's stock after purchasing an additional 32,509 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.30% of WisdomTree worth $4,668,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of WT. Millennium Management LLC raised its holdings in shares of WisdomTree by 532.6% during the 4th quarter. Millennium Management LLC now owns 2,031,534 shares of the company's stock valued at $21,331,000 after buying an additional 1,710,409 shares during the period. Nuveen Asset Management LLC raised its holdings in shares of WisdomTree by 139.9% during the 4th quarter. Nuveen Asset Management LLC now owns 1,270,963 shares of the company's stock valued at $13,345,000 after buying an additional 741,134 shares during the period. ExodusPoint Capital Management LP raised its holdings in shares of 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 buying an additional 651,121 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of 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 buying an additional 558,392 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of WisdomTree by 157.4% during the 4th quarter. JPMorgan Chase & Co. now owns 880,489 shares of the company's stock valued at $9,245,000 after buying an additional 538,385 shares during the period. 78.64% of the stock is currently owned by hedge funds and other institutional investors.

WisdomTree Stock Up 1.4%

WT stock traded up $0.13 during midday trading on Friday, hitting $9.90. 871,886 shares of the company's stock were exchanged, compared to its average volume of 1,567,648. The company has a current ratio of 2.92, a quick ratio of 2.13 and a debt-to-equity ratio of 1.28. WisdomTree, Inc. has a 12-month low of $7.47 and a 12-month high of $12.45. The firm has a 50 day moving average price of $8.95 and a 200-day moving average price of $9.61. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 31.95 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, hitting the consensus estimate of $0.16. WisdomTree had a return on equity of 24.67% and a net margin of 15.59%. The company had revenue of $108.08 million for the quarter, compared to the consensus estimate of $108.47 million. During the same period in the previous year, the business earned $0.12 EPS. WisdomTree's revenue for the quarter was up 11.7% compared to the same quarter last year. On average, analysts anticipate that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $0.12 annualized dividend and a yield of 1.21%. WisdomTree's dividend payout ratio is presently 34.29%.

Analyst Ratings Changes

Separately, The Goldman Sachs Group dropped 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 assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus 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.