Dynamic Technology Lab Private Ltd Reduces Position in WisdomTree, Inc. (NYSE:WT)

Dynamic Technology Lab Private Ltd decreased its holdings in WisdomTree, Inc. (NYSE:WT - Free Report) by 64.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 41,426 shares of the company's stock after selling 73,863 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in WisdomTree were worth $435,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Smartleaf Asset Management LLC boosted its stake in shares of 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 last quarter. Stonebridge Financial Group LLC purchased a new stake in shares of WisdomTree during the fourth quarter worth $60,000. KBC Group NV lifted its stake in shares of WisdomTree by 48.4% in the fourth quarter. KBC Group NV now owns 7,792 shares of the company's stock worth $82,000 after buying an additional 2,540 shares in the last quarter. Xponance Inc. acquired a new position in WisdomTree during the fourth quarter worth about $105,000. Finally, Cooper Financial Group acquired a new stake in WisdomTree in the 4th quarter valued at about $111,000. 78.64% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on WT shares. 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. Northcoast Research lowered WisdomTree from a "buy" rating to a "neutral" rating in a report on Thursday, January 2nd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $12.54.

Insider Activity at WisdomTree

In related news, insider Alexis Marinof sold 90,980 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $9.87, for a total transaction of $897,972.60. Following the completion of the transaction, the insider now directly owns 221,146 shares of the company's stock, valued at $2,182,711.02. This represents a 29.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 7.80% of the stock is currently owned by insiders.

WisdomTree Stock Up 1.6 %

Shares of WisdomTree stock traded up $0.13 on Monday, reaching $8.34. 98,654 shares of the company were exchanged, compared to its average volume of 1,525,116. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.92 and a quick ratio of 2.13. WisdomTree, Inc. has a 1-year low of $7.47 and a 1-year high of $12.45. The company has a market cap of $1.23 billion, a P/E ratio of 26.90 and a beta of 1.26. The stock's 50 day moving average price is $8.90 and its 200-day moving average price is $9.96.

WisdomTree (NYSE:WT - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.02). WisdomTree had a return on equity of 24.67% and a net margin of 15.59%. As a group, equities analysts forecast that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.03 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.12 annualized dividend and a dividend yield of 1.44%. WisdomTree's dividend payout ratio (DPR) is 38.71%.

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.