WisdomTree, Inc. (NYSE:WT) Shares Acquired by Nebula Research & Development LLC

Nebula Research & Development LLC boosted its stake in WisdomTree, Inc. (NYSE:WT) by 331.9% in the 4th quarter, Holdings Channel reports. The firm owned 65,993 shares of the company’s stock after purchasing an additional 50,713 shares during the period. Nebula Research & Development LLC’s holdings in WisdomTree were worth $693,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC grew its stake in shares of WisdomTree by 173.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,793 shares of the company’s stock worth $39,000 after acquiring an additional 2,405 shares in the last quarter. Federated Hermes Inc. grew its stake in shares of WisdomTree by 60.7% in the fourth quarter. Federated Hermes Inc. now owns 4,705 shares of the company’s stock worth $49,000 after acquiring an additional 1,777 shares in the last quarter. Stonebridge Financial Group LLC acquired a new position in shares of WisdomTree in the fourth quarter worth $60,000. KBC Group NV grew its stake in shares of WisdomTree by 48.4% in the fourth quarter. KBC Group NV now owns 7,792 shares of the company’s stock worth $82,000 after acquiring an additional 2,540 shares in the last quarter. Finally, Xponance Inc. acquired a new position in shares of WisdomTree in the fourth quarter worth $105,000. Institutional investors and hedge funds own 78.64% of the company’s stock.

Insider Activity at WisdomTree

In other news, insider Alexis Marinof sold 90,980 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $9.87, for a total value of $897,972.60. Following the completion of the sale, the insider now directly owns 221,146 shares of the company’s stock, valued at approximately $2,182,711.02. This represents a 29.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 7.80% of the stock is owned by corporate insiders.

WisdomTree Price Performance

Shares of WT opened at $8.72 on Tuesday. WisdomTree, Inc. has a 1-year low of $7.47 and a 1-year high of $12.45. The stock has a market cap of $1.28 billion, a PE ratio of 28.13 and a beta of 1.26. 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 firm has a fifty day moving average price of $8.62 and a 200 day moving average price of $9.85.

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

WisdomTree Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were given a $0.03 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.12 dividend on an annualized basis and a yield of 1.38%. WisdomTree’s dividend payout ratio (DPR) is presently 38.71%.

Analyst Ratings Changes

Several equities analysts have commented on WT shares. Keefe, Bruyette & Woods dropped their price target on shares of 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 downgraded shares of WisdomTree from a “buy” rating to a “neutral” rating in a research note on Thursday, January 2nd. Finally, The Goldman Sachs Group lowered their target price on shares of WisdomTree from $9.75 to $8.50 and set a “sell” rating for the company in a research note on Monday, April 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $12.42.

About WisdomTree

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.