WisdomTree, Inc. (NYSE:WT) Stock Position Raised by Caitlin John LLC

Caitlin John LLC grew its position in shares of WisdomTree, Inc. (NYSE:WT) by 2.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 176,052 shares of the company’s stock after buying an additional 4,936 shares during the quarter. WisdomTree makes up about 1.2% of Caitlin John LLC’s investment portfolio, making the stock its 25th largest holding. Caitlin John LLC owned approximately 0.12% of WisdomTree worth $1,849,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. FMR LLC lifted its position in shares of WisdomTree by 390.7% in the third quarter. FMR LLC now owns 2,859,073 shares of the company’s stock worth $28,562,000 after buying an additional 2,276,452 shares during the last quarter. Azora Capital LP raised its stake in shares of WisdomTree by 12.1% in the 3rd quarter. Azora Capital LP now owns 10,609,577 shares of the company’s stock valued at $105,990,000 after acquiring an additional 1,142,151 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in WisdomTree by 21.3% in the 3rd quarter. Victory Capital Management Inc. now owns 2,332,762 shares of the company’s stock worth $23,304,000 after purchasing an additional 410,348 shares during the last quarter. State Street Corp lifted its holdings in WisdomTree by 7.6% in the 3rd quarter. State Street Corp now owns 5,678,905 shares of the company’s stock worth $56,732,000 after purchasing an additional 399,839 shares during the last quarter. Finally, Kornitzer Capital Management Inc. KS grew its holdings in WisdomTree by 58.2% during the third quarter. Kornitzer Capital Management Inc. KS now owns 917,830 shares of the company’s stock valued at $9,169,000 after purchasing an additional 337,800 shares during the last quarter. Institutional investors own 78.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on WT. Northcoast Research cut WisdomTree from a “buy” rating to a “neutral” rating in a research report on Thursday, January 2nd. 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. Finally, UBS Group raised their price objective on shares of WisdomTree from $12.00 to $14.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $12.54.

Insider Buying and Selling

In other WisdomTree news, insider Peter M. Ziemba sold 100,000 shares of the stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $11.43, for a total value of $1,143,000.00. Following the transaction, the insider now owns 948,386 shares of the company’s stock, valued at approximately $10,840,051.98. This represents a 9.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Jonathan L. Steinberg bought 67,869 shares of WisdomTree stock in a transaction on Friday, November 8th. The shares were bought at an average price of $10.84 per share, for a total transaction of $735,699.96. Following the acquisition, the chief executive officer now owns 9,240,707 shares of the company’s stock, valued at approximately $100,169,263.88. The trade was a 0.74 % increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 3,190,980 shares of company stock worth $36,060,973 over the last three months. 7.80% of the stock is currently owned by company insiders.

WisdomTree Trading Down 0.7 %

Shares of WT opened at $9.75 on Thursday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.13 and a current ratio of 2.92. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 31.44 and a beta of 1.47. The stock has a fifty day moving average price of $10.42 and a two-hundred day moving average price of $10.40. WisdomTree, Inc. has a 52-week low of $6.78 and a 52-week high of $12.45.

WisdomTree (NYSE:WT) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.02). WisdomTree had a net margin of 15.59% and a return on equity of 24.67%. Analysts predict that WisdomTree, Inc. will post 0.7 EPS for the current fiscal year.

WisdomTree Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend is Wednesday, February 12th. WisdomTree’s dividend payout ratio is 38.71%.

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.