Capitolis Liquid Global Markets LLC Purchases New Shares in WisdomTree, Inc. $WT

Capitolis Liquid Global Markets LLC purchased a new position in shares of WisdomTree, Inc. (NYSE:WT) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,735,600 shares of the company’s stock, valued at approximately $24,125,000. Capitolis Liquid Global Markets LLC owned 1.23% of WisdomTree as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Nordea Investment Management AB raised its position in shares of WisdomTree by 27.4% in the third quarter. Nordea Investment Management AB now owns 524,014 shares of the company’s stock valued at $7,284,000 after buying an additional 112,542 shares in the last quarter. Principal Financial Group Inc. grew its position in WisdomTree by 48.6% during the third quarter. Principal Financial Group Inc. now owns 854,509 shares of the company’s stock worth $11,878,000 after buying an additional 279,296 shares in the last quarter. Public Sector Pension Investment Board increased its stake in WisdomTree by 18.8% during the 3rd quarter. Public Sector Pension Investment Board now owns 469,086 shares of the company’s stock worth $6,520,000 after acquiring an additional 74,070 shares during the period. Jupiter Asset Management Ltd. bought a new position in WisdomTree during the 3rd quarter worth $1,248,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in WisdomTree by 311.4% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 133,700 shares of the company’s stock valued at $1,858,000 after acquiring an additional 101,200 shares in the last quarter. Institutional investors and hedge funds own 78.64% of the company’s stock.

Insider Transactions at WisdomTree

In other WisdomTree news, COO R Jarrett Lilien sold 30,000 shares of WisdomTree stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $16.84, for a total value of $505,200.00. Following the transaction, the chief operating officer owned 1,140,245 shares in the company, valued at $19,201,725.80. The trade was a 2.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 9.30% of the stock is currently owned by corporate insiders.

WisdomTree Stock Up 0.7%

NYSE WT opened at $15.25 on Friday. The business has a fifty day moving average price of $15.83 and a two-hundred day moving average price of $13.71. The stock has a market capitalization of $2.16 billion, a PE ratio of 20.33 and a beta of 1.09. WisdomTree, Inc. has a fifty-two week low of $7.47 and a fifty-two week high of $17.68. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.75 and a quick ratio of 1.37.

WisdomTree (NYSE:WT) last issued its quarterly earnings results on Friday, January 30th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.06. WisdomTree had a return on equity of 30.24% and a net margin of 22.10%.The company had revenue of $147.43 million for the quarter, compared to analyst estimates of $142.78 million. During the same quarter last year, the company posted $0.17 EPS. The company’s revenue for the quarter was up 33.2% compared to the same quarter last year. Equities analysts expect that WisdomTree, Inc. will post 0.72 earnings per share for the current fiscal year.

WisdomTree Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Wednesday, February 11th were paid a $0.03 dividend. The ex-dividend date of this dividend was Wednesday, February 11th. This represents a $0.12 annualized dividend and a yield of 0.8%. WisdomTree’s dividend payout ratio (DPR) is 16.00%.

Analyst Ratings Changes

A number of analysts have recently weighed in on WT shares. Oppenheimer upped their target price on WisdomTree from $17.00 to $21.00 and gave the company an “outperform” rating in a research report on Tuesday, February 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of WisdomTree in a research report on Wednesday, January 21st. Northland Securities set a $20.00 price target on WisdomTree in a research note on Monday, February 2nd. Morgan Stanley set a $16.75 price objective on shares of WisdomTree in a research report on Tuesday, February 10th. Finally, Wall Street Zen upgraded shares of WisdomTree from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.65.

WisdomTree Company Profile

WisdomTree Investments, Inc (NYSE: WT) is a U.S.-based asset management firm specializing in exchange-traded funds (ETFs) and exchange-traded products (ETPs). Founded in 2006 by Jonathan Steinberg and headquartered in New York City, WisdomTree has developed a reputation for pioneering smart-beta and fundamentally weighted indexing approaches. The company designs strategies that seek to enhance returns and reduce volatility by weighting constituents based on dividends, earnings or other financial metrics rather than relying solely on market capitalization.

WisdomTree offers a broad suite of investment products covering equities, fixed income, currencies, commodities and digital assets.