Schonfeld Strategic Advisors LLC increased its position in shares of WisdomTree, Inc. (NYSE:WT - Free Report) by 342.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,200 shares of the company's stock after purchasing an additional 88,400 shares during the period. Schonfeld Strategic Advisors LLC owned 0.08% of WisdomTree worth $1,199,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in WT. Quarry LP raised its stake in shares of WisdomTree by 1,778.5% in the 4th quarter. Quarry LP now owns 2,799 shares of the company's stock worth $29,000 after buying an additional 2,650 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in WisdomTree by 173.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,793 shares of the company's stock valued at $39,000 after acquiring an additional 2,405 shares during the last quarter. Federated Hermes Inc. boosted its position in shares of WisdomTree by 60.7% during 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 in the last quarter. Stonebridge Financial Group LLC acquired a new position in shares of WisdomTree in the 4th quarter worth approximately $60,000. Finally, KBC Group NV raised its holdings in shares of WisdomTree by 48.4% in the 4th quarter. KBC Group NV now owns 7,792 shares of the company's stock worth $82,000 after purchasing an additional 2,540 shares in the last quarter. 78.64% of the stock is currently owned by institutional investors and hedge funds.
WisdomTree Price Performance
WT opened at $9.27 on Thursday. The firm has a market capitalization of $1.36 billion, a P/E ratio of 29.90 and a beta of 1.07. The stock has a fifty day moving average of $8.60 and a 200-day moving average of $9.79. The company has a quick ratio of 2.13, a current ratio of 2.92 and a debt-to-equity ratio of 1.28. WisdomTree, Inc. has a 12-month low of $7.47 and a 12-month high of $12.45.
WisdomTree (NYSE:WT - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.16. The firm had revenue of $108.08 million during 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 business's revenue for the quarter was up 11.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.12 EPS. Equities analysts forecast that WisdomTree, Inc. will post 0.72 EPS for the current fiscal year.
WisdomTree Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $0.12 annualized dividend and a yield of 1.29%. WisdomTree's dividend payout ratio is presently 34.29%.
Wall Street Analyst Weigh In
Several research firms have issued reports on WT. The Goldman Sachs Group dropped their price target on WisdomTree from $9.75 to $8.50 and set a "sell" rating on the stock in a report on Monday, April 14th. Keefe, Bruyette & Woods reduced their target price on WisdomTree from $12.00 to $10.50 and set a "market perform" rating for the company in a report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, WisdomTree presently has a consensus rating of "Hold" and an average target price of $12.42.
Read Our Latest Stock Analysis on WT
About WisdomTree
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding WT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WisdomTree, Inc. (NYSE:WT - Free Report).
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