Universal Beteiligungs und Servicegesellschaft mbH Invests $197,000 in WisdomTree, Inc. (NYSE:WT)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH invested approximately $197,000 in WisdomTree, acquiring 22,030 shares, highlighting institutional interest in the ETF sponsor.
• WisdomTree's recent quarterly earnings showed $0.18 EPS and revenue of $112.60 million, exceeding analyst estimates and indicating a 5.2% revenue growth from the previous year.
• The company has announced a forthcoming quarterly dividend of $0.03 per share, with a dividend yield of 0.9%, set to be paid on August 27th to stockholders of record as of August 13th.

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of WisdomTree, Inc. (NYSE:WT - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 22,030 shares of the company's stock, valued at approximately $197,000.

Other large investors also recently bought and sold shares of the company. Quarry LP grew its stake in WisdomTree by 1,778.5% during the 4th quarter. Quarry LP now owns 2,799 shares of the company's stock valued at $29,000 after acquiring an additional 2,650 shares in the last quarter. Byrne Asset Management LLC grew its stake in WisdomTree by 114.0% during the 1st quarter. Byrne Asset Management LLC now owns 3,852 shares of the company's stock valued at $34,000 after acquiring an additional 2,052 shares in the last quarter. Versant Capital Management Inc grew its stake in WisdomTree by 310.5% during the 1st quarter. Versant Capital Management Inc now owns 5,263 shares of the company's stock valued at $47,000 after acquiring an additional 3,981 shares in the last quarter. 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 valued at $49,000 after acquiring an additional 1,777 shares in the last quarter. Finally, Dark Forest Capital Management LP purchased a new stake in WisdomTree during the 4th quarter valued at about $108,000. Hedge funds and other institutional investors own 78.64% of the company's stock.

WisdomTree Stock Performance

NYSE:WT opened at $12.83 on Wednesday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.44 and a quick ratio of 1.04. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of 32.90 and a beta of 1.16. The company's 50-day moving average is $11.58 and its two-hundred day moving average is $9.94. WisdomTree, Inc. has a 1-year low of $7.47 and a 1-year high of $13.76.

WisdomTree (NYSE:WT - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.18 EPS for the quarter, hitting the consensus estimate of $0.18. WisdomTree had a net margin of 16.25% and a return on equity of 25.17%. The firm had revenue of $112.60 million for the quarter, compared to analyst estimates of $110.66 million. During the same period in the prior year, the business posted $0.16 EPS. The business's revenue for the quarter was up 5.2% compared to the same quarter last year. Analysts forecast that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 27th. Stockholders of record on Wednesday, August 13th will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, August 13th. WisdomTree's dividend payout ratio is currently 30.77%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on WT. Morgan Stanley upped their price objective on shares of WisdomTree from $9.75 to $11.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 2nd. Oppenheimer boosted their target price on shares of WisdomTree from $12.00 to $15.00 and gave the company an "outperform" rating in a report on Tuesday, July 22nd. The Goldman Sachs Group upgraded shares of WisdomTree from a "sell" rating to a "neutral" rating and boosted their target price for the company from $9.50 to $11.90 in a report on Friday, June 27th. Finally, Northcoast Research upgraded shares of WisdomTree from a "neutral" rating to a "buy" rating and set a $15.00 target price on the stock in a report on Wednesday, July 2nd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, WisdomTree currently has an average rating of "Moderate Buy" and an average price target of $12.90.

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.

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