WisdomTree, Inc. (NYSE:WT) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG lifted its stake in shares of WisdomTree, Inc. (NYSE:WT - Free Report) by 14.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 316,477 shares of the company's stock after acquiring an additional 39,434 shares during the period. Deutsche Bank AG owned 0.22% of WisdomTree worth $3,323,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of WT. Barclays PLC raised its holdings in shares of WisdomTree by 201.3% during the 3rd quarter. Barclays PLC now owns 268,668 shares of the company's stock worth $2,684,000 after acquiring an additional 179,493 shares during the period. Park Avenue Securities LLC increased its position in shares of WisdomTree by 175.8% during the 4th quarter. Park Avenue Securities LLC now owns 29,015 shares of the company's stock worth $305,000 after purchasing an additional 18,495 shares during the last quarter. SG Americas Securities LLC increased its position in shares of WisdomTree by 74.2% during the 4th quarter. SG Americas Securities LLC now owns 66,552 shares of the company's stock worth $699,000 after purchasing an additional 28,354 shares during the last quarter. Impact Partnership Wealth LLC increased its position in shares of WisdomTree by 19.2% during the 4th quarter. Impact Partnership Wealth LLC now owns 41,084 shares of the company's stock worth $431,000 after purchasing an additional 6,617 shares during the last quarter. Finally, Toth Financial Advisory Corp acquired a new stake in shares of WisdomTree during the 4th quarter worth about $278,000. Hedge funds and other institutional investors own 78.64% of the company's stock.

WisdomTree Stock Down 1.0%

Shares of NYSE WT traded down $0.10 during midday trading on Friday, hitting $9.38. The company's stock had a trading volume of 585,408 shares, compared to its average volume of 1,563,607. 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 firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 30.26 and a beta of 1.07. The business's fifty day simple moving average is $8.81 and its two-hundred day simple moving average is $9.73. WisdomTree, Inc. has a 1 year low of $7.47 and a 1 year 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 for the quarter, meeting analysts' consensus estimates of $0.16. The firm had revenue of $108.08 million during the quarter, compared to analysts' expectations of $108.47 million. WisdomTree had a net margin of 15.59% and a return on equity of 24.67%. The business's quarterly revenue was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.12 earnings per share. On average, equities analysts predict that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th will be issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date is Wednesday, May 14th. WisdomTree's dividend payout ratio (DPR) is currently 34.29%.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut 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 investment 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 MarketBeat, the stock presently has an average rating of "Hold" and an average 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.