WisdomTree, Inc. (NYSE:WT) Stock Holdings Lifted by XTX Topco Ltd

Key Points

• XTX Topco Ltd increased its holdings in WisdomTree, Inc. by 88.9%, owning approximately 0.10% of the company with 154,068 shares valued at $1,374,000.
• WisdomTree reported earnings of $0.18 per share for the last quarter, matching analyst estimates, and experienced a 5.2% revenue increase year-over-year to $112.60 million.
• Analysts have shown a positive outlook for WisdomTree, with multiple upgrades resulting in a consensus target price of $12.90 and a rating of "Moderate Buy."

XTX Topco Ltd lifted its holdings in WisdomTree, Inc. (NYSE:WT - Free Report) by 88.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 154,068 shares of the company's stock after buying an additional 72,523 shares during the quarter. XTX Topco Ltd owned approximately 0.10% of WisdomTree worth $1,374,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Quarry LP lifted its position in WisdomTree by 1,778.5% in the 4th quarter. Quarry LP now owns 2,799 shares of the company's stock valued at $29,000 after purchasing an additional 2,650 shares during the last quarter. Byrne Asset Management LLC lifted its position in WisdomTree by 114.0% in the 1st quarter. Byrne Asset Management LLC now owns 3,852 shares of the company's stock valued at $34,000 after purchasing an additional 2,052 shares during the last quarter. Versant Capital Management Inc lifted its position in WisdomTree by 310.5% in the 1st quarter. Versant Capital Management Inc now owns 5,263 shares of the company's stock valued at $47,000 after purchasing an additional 3,981 shares during the last quarter. Federated Hermes Inc. lifted its position in WisdomTree by 60.7% in the 4th quarter. Federated Hermes Inc. now owns 4,705 shares of the company's stock valued at $49,000 after purchasing an additional 1,777 shares during the last quarter. Finally, Dark Forest Capital Management LP bought a new stake in WisdomTree in the 4th quarter valued at about $108,000. 78.64% of the stock is currently owned by institutional investors.

WisdomTree Stock Down 0.9%

WT stock opened at $13.24 on Friday. WisdomTree, Inc. has a 52 week low of $7.47 and a 52 week high of $13.76. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 37.84 and a beta of 1.14. The firm's 50-day moving average is $11.39 and its two-hundred day moving average is $9.87. The company has a current ratio of 3.83, a quick ratio of 2.79 and a debt-to-equity ratio of 1.23.

WisdomTree (NYSE:WT - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.18 EPS for the quarter, hitting analysts' consensus estimates of $0.18. WisdomTree had a net margin of 15.77% and a return on equity of 25.46%. The company had revenue of $112.60 million for the quarter, compared to the consensus estimate of $110.66 million. During the same period in the previous year, the firm earned $0.16 EPS. WisdomTree's revenue was up 5.2% on a year-over-year basis. On average, analysts forecast that WisdomTree, Inc. will post 0.72 earnings per share for the current fiscal year.

WisdomTree Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, May 14th. WisdomTree's payout ratio is presently 34.29%.

Analyst Upgrades and Downgrades

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

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.

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