Deutsche Bank AG Acquires 39,434 Shares of WisdomTree, Inc. (NYSE:WT)

Deutsche Bank AG boosted its position in WisdomTree, Inc. (NYSE:WT - Free Report) by 14.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 316,477 shares of the company's stock after purchasing an additional 39,434 shares during the period. Deutsche Bank AG owned about 0.22% of WisdomTree worth $3,323,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WT. Quarry LP raised its stake in shares of WisdomTree by 1,778.5% during the 4th quarter. Quarry LP now owns 2,799 shares of the company's stock worth $29,000 after purchasing an additional 2,650 shares during the period. Smartleaf Asset Management LLC raised its position in WisdomTree by 173.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,793 shares of the company's stock worth $39,000 after acquiring an additional 2,405 shares during the period. Federated Hermes Inc. raised its position in WisdomTree by 60.7% in the fourth quarter. Federated Hermes Inc. now owns 4,705 shares of the company's stock worth $49,000 after acquiring an additional 1,777 shares during the period. Stonebridge Financial Group LLC purchased a new position in WisdomTree in the fourth quarter valued at about $60,000. Finally, KBC Group NV grew its position in shares of WisdomTree by 48.4% during the 4th quarter. KBC Group NV now owns 7,792 shares of the company's stock valued at $82,000 after acquiring an additional 2,540 shares during the period. Hedge funds and other institutional investors own 78.64% of the company's stock.

WisdomTree Stock Performance

NYSE:WT traded down $0.10 on Monday, reaching $9.38. 585,408 shares of the company's stock were exchanged, compared to its average volume of 1,567,458. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 30.26 and a beta of 1.07. 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 fifty day simple moving average of $8.84 and a 200-day simple moving average of $9.70. WisdomTree, Inc. has a 52 week low of $7.47 and a 52 week high of $12.45.

WisdomTree (NYSE:WT - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The company reported $0.16 EPS for the quarter, meeting analysts' consensus estimates of $0.16. WisdomTree had a net margin of 15.59% and a return on equity of 24.67%. The company had revenue of $108.08 million for the quarter, compared to analysts' expectations of $108.47 million. During the same period in the prior year, the company posted $0.12 EPS. WisdomTree's revenue was up 11.7% compared to the same quarter last year. As a group, sell-side analysts predict that WisdomTree, Inc. will post 0.72 earnings per share for the current year.

WisdomTree Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders 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 payout ratio is currently 34.29%.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group decreased their price target on shares of WisdomTree from $9.75 to $8.50 and set a "sell" rating for the company in a research note on Monday, April 14th. One equities 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $12.42.

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.