72,073 Shares in WisdomTree, Inc. (NYSE:WT) Purchased by XTX Topco Ltd

XTX Topco Ltd bought a new stake in shares of WisdomTree, Inc. (NYSE:WT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 72,073 shares of the company’s stock, valued at approximately $720,000.

Other large investors have also recently bought and sold shares of the company. iSAM Funds UK Ltd acquired a new position in shares of WisdomTree during the 3rd quarter valued at $183,000. State Street Corp grew its holdings in WisdomTree by 7.6% during the third quarter. State Street Corp now owns 5,678,905 shares of the company’s stock worth $56,732,000 after acquiring an additional 399,839 shares during the period. Stifel Financial Corp grew its holdings in WisdomTree by 145.5% during the third quarter. Stifel Financial Corp now owns 79,008 shares of the company’s stock worth $789,000 after acquiring an additional 46,822 shares during the period. Point72 DIFC Ltd bought a new stake in WisdomTree in the third quarter worth about $456,000. Finally, Point72 Asset Management L.P. acquired a new stake in WisdomTree in the 3rd quarter valued at about $1,928,000. Institutional investors and hedge funds own 78.64% of the company’s stock.

WisdomTree Stock Performance

Shares of WT opened at $11.62 on Thursday. The company has a 50-day moving average of $10.88 and a two-hundred day moving average of $10.34. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 40.07 and a beta of 1.46. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.88 and a quick ratio of 2.16. WisdomTree, Inc. has a one year low of $6.24 and a one year high of $12.45.

WisdomTree Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend was Wednesday, November 6th. WisdomTree’s dividend payout ratio is 41.38%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on WT shares. UBS Group lifted 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. Northcoast Research cut WisdomTree from a “strong-buy” rating to a “hold” rating in a report on Sunday, September 15th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $12.25.

Insiders Place Their Bets

In other WisdomTree news, CEO Jonathan L. Steinberg acquired 67,869 shares of WisdomTree stock in a transaction that occurred on Friday, November 8th. The stock was purchased at an average cost of $10.84 per share, with a total value of $735,699.96. Following the purchase, the chief executive officer now owns 9,240,707 shares in the company, valued at approximately $100,169,263.88. The trade was a 0.74 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Peter M. Ziemba sold 100,000 shares of the firm’s 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 sale, the insider now owns 948,386 shares of the company’s stock, valued at $10,840,051.98. The trade was a 9.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 7.80% of the company’s stock.

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.