Susquehanna Fundamental Investments LLC Takes Position in WisdomTree, Inc. (NYSE:WT)

Susquehanna Fundamental Investments LLC acquired a new position in shares of WisdomTree, Inc. (NYSE:WT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 96,175 shares of the company's stock, valued at approximately $1,010,000. Susquehanna Fundamental Investments LLC owned 0.07% of WisdomTree at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. ExodusPoint Capital Management LP increased its position in shares of WisdomTree by 127.2% in the fourth quarter. ExodusPoint Capital Management LP now owns 1,162,993 shares of the company's stock valued at $12,211,000 after buying an additional 651,121 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in WisdomTree by 157.4% during the 4th quarter. JPMorgan Chase & Co. now owns 880,489 shares of the company's stock valued at $9,245,000 after acquiring an additional 538,385 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in WisdomTree by 188.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 722,586 shares of the company's stock worth $7,587,000 after acquiring an additional 472,505 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of WisdomTree in the fourth quarter valued at about $4,262,000. Finally, Edgestream Partners L.P. grew its position in shares of WisdomTree by 498.8% in the fourth quarter. Edgestream Partners L.P. now owns 468,117 shares of the company's stock valued at $4,915,000 after purchasing an additional 389,945 shares during the last quarter. Hedge funds and other institutional investors own 78.64% of the company's stock.

WisdomTree Trading Up 1.9 %

NYSE:WT traded up $0.18 during mid-day trading on Wednesday, reaching $9.24. The company's stock had a trading volume of 96,934 shares, compared to its average volume of 1,535,328. WisdomTree, Inc. has a twelve month low of $7.47 and a twelve month high of $12.45. The company's fifty day simple moving average is $8.59 and its two-hundred day simple moving average is $9.80. 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 market cap of $1.36 billion, a P/E ratio of 29.82 and a beta of 1.07.

WisdomTree (NYSE:WT - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The company reported $0.16 EPS for the quarter, hitting analysts' consensus estimates of $0.16. The company had revenue of $108.08 million for the quarter, compared to the consensus estimate of $108.47 million. WisdomTree had a return on equity of 24.67% and a net margin of 15.59%. The company's quarterly revenue was up 11.7% compared to the same quarter last year. During the same period last year, the business posted $0.12 EPS. On average, equities analysts predict that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be given a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Wednesday, May 14th. WisdomTree's payout ratio is 34.29%.

Analyst Ratings Changes

WT has been the subject of a number of analyst reports. Keefe, Bruyette & Woods cut their price target on WisdomTree from $12.00 to $10.50 and set a "market perform" rating for the company in a report on Tuesday, January 14th. The Goldman Sachs Group reduced their target price on shares of WisdomTree from $9.75 to $8.50 and set a "sell" rating on the stock in a report on Monday, April 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target 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.