264,681 Shares in WisdomTree, Inc. $WT Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd purchased a new position in shares of WisdomTree, Inc. (NYSE:WT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 264,681 shares of the company’s stock, valued at approximately $3,226,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Wellington Management Group LLP lifted its position in WisdomTree by 236.5% during the 3rd quarter. Wellington Management Group LLP now owns 9,674,630 shares of the company’s stock worth $134,477,000 after acquiring an additional 6,799,654 shares during the period. Simcoe Capital Management LLC lifted its position in WisdomTree by 23.5% during the 2nd quarter. Simcoe Capital Management LLC now owns 4,924,550 shares of the company’s stock worth $56,682,000 after acquiring an additional 935,505 shares during the period. Goldman Sachs Group Inc. lifted its position in WisdomTree by 116.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,389,653 shares of the company’s stock worth $41,320,000 after acquiring an additional 1,823,777 shares during the period. Geode Capital Management LLC lifted its position in WisdomTree by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 2,796,512 shares of the company’s stock worth $34,093,000 after acquiring an additional 26,776 shares during the period. Finally, American Century Companies Inc. lifted its position in WisdomTree by 123.4% during the 3rd quarter. American Century Companies Inc. now owns 1,968,507 shares of the company’s stock worth $27,362,000 after acquiring an additional 1,087,460 shares during the period. 78.64% of the stock is owned by institutional investors and hedge funds.

WisdomTree Stock Up 0.0%

WT opened at $18.19 on Monday. The company has a debt-to-equity ratio of 2.37, a current ratio of 4.57 and a quick ratio of 4.18. The business has a 50 day simple moving average of $17.43 and a 200-day simple moving average of $15.31. The stock has a market capitalization of $2.78 billion, a P/E ratio of 44.35 and a beta of 1.15. WisdomTree, Inc. has a 12 month low of $9.87 and a 12 month high of $19.85.

WisdomTree (NYSE:WT) last posted its quarterly earnings results on Friday, May 1st. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.25 by $0.02. The business had revenue of $159.50 million during the quarter, compared to analysts’ expectations of $156.96 million. WisdomTree had a return on equity of 33.31% and a net margin of 11.26%.The company’s quarterly revenue was up 47.5% compared to the same quarter last year. During the same period last year, the firm earned $0.16 EPS. On average, equities analysts anticipate that WisdomTree, Inc. will post 1.14 earnings per share for the current fiscal year.

WisdomTree Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, May 13th. WisdomTree’s dividend payout ratio (DPR) is currently 29.27%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on WT shares. Wall Street Zen raised WisdomTree from a “hold” rating to a “buy” rating in a research report on Tuesday, May 19th. Weiss Ratings cut WisdomTree from a “buy (b)” rating to a “hold (c)” rating in a research report on Friday, May 8th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $16.80 price objective on shares of WisdomTree in a research report on Tuesday, May 5th. Morgan Stanley set a $18.00 price objective on WisdomTree in a research report on Thursday, April 30th. Finally, Oppenheimer increased their price objective on WisdomTree from $20.00 to $21.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, WisdomTree presently has an average rating of “Moderate Buy” and a consensus price target of $18.80.

Insider Activity at WisdomTree

In other news, COO R Jarrett Lilien sold 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $18.99, for a total value of $569,700.00. Following the completion of the sale, the chief operating officer directly owned 1,110,245 shares of the company’s stock, valued at $21,083,552.55. This trade represents a 2.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider David M. Yates sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $18.06, for a total value of $270,900.00. Following the completion of the sale, the insider directly owned 157,499 shares of the company’s stock, valued at $2,844,431.94. This represents a 8.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 10.10% of the stock is owned by company insiders.

About WisdomTree

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.