Graham Capital Management L.P. Grows Position in WisdomTree, Inc. (NYSE:WT)

Graham Capital Management L.P. raised its stake in shares of WisdomTree, Inc. (NYSE:WT - Free Report) by 76.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 192,024 shares of the company's stock after acquiring an additional 83,243 shares during the period. Graham Capital Management L.P. owned about 0.13% of WisdomTree worth $2,016,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of WT. D. E. Shaw & Co. Inc. purchased a new position in shares of WisdomTree during the fourth quarter worth about $2,842,000. Deutsche Bank AG lifted its position in WisdomTree by 14.2% in the fourth quarter. Deutsche Bank AG now owns 316,477 shares of the company's stock valued at $3,323,000 after purchasing an additional 39,434 shares during the last quarter. CoreCap Advisors LLC bought a new stake in WisdomTree in the 4th quarter worth $703,000. Corton Capital Inc. purchased a new position in WisdomTree during the 4th quarter valued at about $304,000. Finally, Crestline Management LP grew its position in shares of WisdomTree by 89.2% in the 4th quarter. Crestline Management LP now owns 29,017 shares of the company's stock worth $305,000 after buying an additional 13,678 shares during the last quarter. 78.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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 given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $12.42.

WisdomTree Stock Up 1.3%

Shares of WT traded up $0.12 on Thursday, hitting $9.55. 1,084,243 shares of the stock traded hands, compared to its average volume of 1,549,562. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.13 and a current ratio of 2.92. WisdomTree, Inc. has a one year low of $7.47 and a one year high of $12.45. The company has a market capitalization of $1.40 billion, a PE ratio of 30.81 and a beta of 1.07. The business has a 50 day simple moving average of $8.67 and a 200 day simple moving average of $9.76.

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

WisdomTree Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date is Wednesday, May 14th. WisdomTree's dividend payout ratio (DPR) is 34.29%.

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.