WisdomTree, Inc. (NYSE:WT) Shares Bought by AXQ Capital LP

AXQ Capital LP grew its stake in WisdomTree, Inc. (NYSE:WT) by 22.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,271 shares of the company’s stock after buying an additional 2,465 shares during the quarter. AXQ Capital LP’s holdings in WisdomTree were worth $139,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC raised its position in WisdomTree by 173.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,793 shares of the company’s stock valued at $39,000 after acquiring an additional 2,405 shares in the last quarter. Stonebridge Financial Group LLC acquired a new stake in shares of WisdomTree during the 4th quarter worth approximately $60,000. KBC Group NV increased its holdings in shares of WisdomTree by 48.4% during the 4th quarter. KBC Group NV now owns 7,792 shares of the company’s stock valued at $82,000 after purchasing an additional 2,540 shares in the last quarter. Xponance Inc. acquired a new position in shares of WisdomTree in the 4th quarter valued at $105,000. Finally, Cooper Financial Group purchased a new stake in WisdomTree during the fourth quarter worth $111,000. Hedge funds and other institutional investors own 78.64% of the company’s stock.

Insider Buying and Selling

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 value 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 trade represents a 29.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 7.80% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on WT shares. Keefe, Bruyette & Woods cut their price objective on shares of WisdomTree from $12.00 to $10.50 and set a “market perform” rating for the company in a report on Tuesday, January 14th. Northcoast Research lowered WisdomTree from a “buy” rating to a “neutral” rating in a research note on Thursday, January 2nd. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $12.54.

WisdomTree Stock Up 4.2 %

WT stock opened at $9.06 on Tuesday. WisdomTree, Inc. has a 52 week low of $7.96 and a 52 week high of $12.45. The company has a quick ratio of 2.13, a current ratio of 2.92 and a debt-to-equity ratio of 1.28. The firm has a 50-day simple moving average of $9.29 and a 200-day simple moving average of $10.10. The stock has a market capitalization of $1.33 billion, a P/E ratio of 29.21 and a beta of 1.53.

WisdomTree (NYSE:WT) last posted its quarterly earnings data 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 return on equity of 24.67% and a net margin of 15.59%. Equities analysts forecast that WisdomTree, Inc. will post 0.72 earnings per share for the current fiscal year.

WisdomTree Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were paid a dividend of $0.03 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.12 annualized dividend and a yield of 1.33%. WisdomTree’s dividend payout ratio (DPR) is presently 38.71%.

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.