Barclays PLC Grows Stake in WisdomTree, Inc. (NYSE:WT)

Barclays PLC raised its holdings in WisdomTree, Inc. (NYSE:WT) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 272,380 shares of the company’s stock after buying an additional 3,712 shares during the quarter. Barclays PLC owned about 0.19% of WisdomTree worth $2,859,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. boosted its holdings in WisdomTree by 10.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,310,899 shares of the company’s stock valued at $13,764,000 after acquiring an additional 119,762 shares in the last quarter. ExodusPoint Capital Management LP boosted its stake in shares of WisdomTree by 127.2% during the 4th quarter. ExodusPoint Capital Management LP now owns 1,162,993 shares of the company’s stock valued at $12,211,000 after purchasing an additional 651,121 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of WisdomTree by 157.4% during the fourth quarter. JPMorgan Chase & Co. now owns 880,489 shares of the company’s stock valued at $9,245,000 after buying an additional 538,385 shares during the period. Principal Financial Group Inc. raised its stake in WisdomTree by 2.8% in the fourth quarter. Principal Financial Group Inc. now owns 728,345 shares of the company’s stock worth $7,648,000 after buying an additional 19,503 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in WisdomTree by 188.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 722,586 shares of the company’s stock worth $7,587,000 after buying an additional 472,505 shares during the period. 78.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Northcoast Research lowered WisdomTree from a “buy” rating to a “neutral” rating in a research report on Thursday, January 2nd. The Goldman Sachs Group lowered their price objective on WisdomTree from $9.75 to $8.50 and set a “sell” rating for the company in a research report on Monday, April 14th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of WisdomTree from $12.00 to $10.50 and set a “market perform” rating on the stock in a research report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, WisdomTree has a consensus rating of “Hold” and an average target price of $12.42.

WisdomTree Stock Up 0.8 %

Shares of WisdomTree stock opened at $8.78 on Wednesday. The company has a 50-day simple moving average of $8.61 and a two-hundred day simple moving average of $9.84. WisdomTree, Inc. has a 52-week low of $7.47 and a 52-week high of $12.45. 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 stock has a market capitalization of $1.29 billion, a PE ratio of 28.34 and a beta of 1.26.

WisdomTree (NYSE:WT) last issued its earnings results on Friday, January 31st. The company reported $0.17 EPS 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%. On average, analysts anticipate that WisdomTree, Inc. will post 0.72 EPS for the current fiscal year.

WisdomTree Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date was Wednesday, February 12th. WisdomTree’s dividend payout ratio (DPR) is 38.71%.

Insider Buying and Selling at WisdomTree

In other news, insider Alexis Marinof sold 90,980 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $9.87, for a total transaction of $897,972.60. Following 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 7.80% of the company’s stock.

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.