WisdomTree, Inc. (NYSE:WT) Receives $12.54 Consensus PT from Analysts

Shares of WisdomTree, Inc. (NYSE:WT) have been given an average rating of “Moderate Buy” by the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $12.54.

A number of equities research analysts recently commented on the company. Keefe, Bruyette & Woods decreased their price objective on WisdomTree from $12.00 to $10.50 and set a “market perform” rating for the company in a research note on Tuesday, January 14th. Northcoast Research cut WisdomTree from a “buy” rating to a “neutral” rating in a report on Thursday, January 2nd.

Insider Buying and Selling at WisdomTree

In other WisdomTree news, insider Alexis Marinof sold 90,980 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $9.87, for a total transaction of $897,972.60. Following the sale, the insider now directly owns 221,146 shares in the company, valued at approximately $2,182,711.02. This trade represents a 29.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 7.80% of the company’s stock.

Institutional Investors Weigh In On WisdomTree

Several large investors have recently made changes to their positions in the stock. Mackenzie Financial Corp boosted its stake in WisdomTree by 266.6% in the 4th quarter. Mackenzie Financial Corp now owns 77,764 shares of the company’s stock worth $817,000 after purchasing an additional 56,552 shares during the period. PharVision Advisers LLC bought a new stake in shares of WisdomTree in the fourth quarter valued at about $124,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of WisdomTree by 7.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 444,588 shares of the company’s stock worth $4,668,000 after buying an additional 32,509 shares during the period. Voloridge Investment Management LLC boosted its position in shares of WisdomTree by 25.6% during the fourth quarter. Voloridge Investment Management LLC now owns 1,194,288 shares of the company’s stock worth $12,540,000 after buying an additional 243,589 shares during the period. Finally, Squarepoint Ops LLC grew its holdings in shares of WisdomTree by 105.0% during the fourth quarter. Squarepoint Ops LLC now owns 617,476 shares of the company’s stock worth $6,483,000 after buying an additional 316,223 shares in the last quarter. Institutional investors own 78.64% of the company’s stock.

WisdomTree Stock Down 1.2 %

Shares of NYSE:WT opened at $8.68 on Wednesday. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.92 and a quick ratio of 2.13. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 27.98 and a beta of 1.53. The company has a 50 day moving average of $9.30 and a 200-day moving average of $10.11. WisdomTree has a one year low of $7.96 and a one year high of $12.45.

WisdomTree (NYSE:WT) last released its earnings results on Friday, January 31st. The company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.02). WisdomTree had a return on equity of 24.67% and a net margin of 15.59%. On average, sell-side analysts forecast that WisdomTree will post 0.72 earnings per share for the current year.

WisdomTree Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend was Wednesday, February 12th. WisdomTree’s payout ratio is presently 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.