WisdomTree (NYSE:WT) COO R Jarrett Lilien Sells 25,000 Shares

WisdomTree, Inc. (NYSE:WT) COO R Jarrett Lilien sold 25,000 shares of the stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $11.77, for a total value of $294,250.00. Following the sale, the chief operating officer directly owned 1,011,138 shares in the company, valued at $11,901,094.26. This represents a 2.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

R Jarrett Lilien also recently made the following trade(s):

• On Tuesday, August 26th, R Jarrett Lilien sold 12,500 shares of WisdomTree stock. The shares were sold at an average price of $13.21, for a total value of $165,125.00.

WisdomTree Stock Performance

NYSE:WT opened at $11.51 on Friday. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 29.50 and a beta of 1.17. WisdomTree, Inc. has a fifty-two week low of $7.47 and a fifty-two week high of $14.95. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.04 and a current ratio of 1.44. The stock has a fifty day moving average price of $13.09 and a 200-day moving average price of $12.04.

WisdomTree (NYSE:WT) last posted its quarterly earnings results on Friday, October 31st. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. WisdomTree had a return on equity of 25.17% and a net margin of 16.25%.The business had revenue of $125.62 million during the quarter, compared to the consensus estimate of $122.00 million. During the same quarter in the previous year, the firm earned $0.18 earnings per share. WisdomTree’s revenue for the quarter was up 11.0% compared to the same quarter last year. As a group, equities analysts anticipate that WisdomTree, Inc. will post 0.72 EPS for the current fiscal year.

WisdomTree Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Investors of record on Wednesday, November 12th will be given a dividend of $0.03 per share. The ex-dividend date is Wednesday, November 12th. This represents a $0.12 annualized dividend and a dividend yield of 1.0%. WisdomTree’s dividend payout ratio (DPR) is currently 18.46%.

Institutional Trading of WisdomTree

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Maryland State Retirement & Pension System lifted its holdings in WisdomTree by 2.3% during the second quarter. Maryland State Retirement & Pension System now owns 34,056 shares of the company’s stock worth $392,000 after acquiring an additional 778 shares during the period. Oregon Public Employees Retirement Fund increased its stake in shares of WisdomTree by 3.4% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 27,056 shares of the company’s stock worth $376,000 after purchasing an additional 900 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of WisdomTree by 4.2% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 22,957 shares of the company’s stock worth $264,000 after purchasing an additional 927 shares during the period. Personal CFO Solutions LLC lifted its stake in WisdomTree by 7.9% in the second quarter. Personal CFO Solutions LLC now owns 13,422 shares of the company’s stock valued at $154,000 after purchasing an additional 986 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in WisdomTree by 9.6% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 12,220 shares of the company’s stock valued at $170,000 after purchasing an additional 1,068 shares during the period. 78.64% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on WT. Wall Street Zen upgraded shares of WisdomTree from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. The Goldman Sachs Group boosted their price target on WisdomTree from $12.25 to $14.50 and gave the stock a “neutral” rating in a report on Monday, October 6th. Weiss Ratings upgraded WisdomTree from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 8th. Northland Securities set a $16.00 target price on WisdomTree in a research report on Wednesday, September 3rd. Finally, Oppenheimer boosted their target price on WisdomTree from $12.00 to $15.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 22nd. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, WisdomTree currently has an average rating of “Moderate Buy” and a consensus price target of $14.08.

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.