Indivisible Partners Purchases New Holdings in WisdomTree, Inc. $WT

Indivisible Partners purchased a new stake in shares of WisdomTree, Inc. (NYSE:WT) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 52,205 shares of the company’s stock, valued at approximately $636,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WT. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in WisdomTree by 2.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 456,990 shares of the company’s stock valued at $4,076,000 after acquiring an additional 12,402 shares during the period. Jane Street Group LLC increased its stake in WisdomTree by 379.3% during the first quarter. Jane Street Group LLC now owns 880,977 shares of the company’s stock valued at $7,858,000 after acquiring an additional 697,156 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in WisdomTree by 35.5% during the second quarter. Arrowstreet Capital Limited Partnership now owns 301,138 shares of the company’s stock valued at $3,466,000 after acquiring an additional 78,837 shares during the period. Sei Investments Co. increased its stake in WisdomTree by 722.3% during the second quarter. Sei Investments Co. now owns 93,039 shares of the company’s stock valued at $1,071,000 after acquiring an additional 81,725 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in WisdomTree by 20.0% during the second quarter. AQR Capital Management LLC now owns 482,313 shares of the company’s stock valued at $5,551,000 after purchasing an additional 80,361 shares in the last quarter. 78.64% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

WT has been the topic of a number of recent research reports. Raymond James Financial initiated coverage on WisdomTree in a report on Tuesday, April 21st. They set an “outperform” rating and a $20.00 price objective on the stock. Morgan Stanley set a $18.00 price objective on WisdomTree in a report on Thursday, April 30th. Northland Securities set a $20.00 price objective on WisdomTree in a report on Monday, February 2nd. Wall Street Zen raised WisdomTree from a “hold” rating to a “buy” rating in a report on Sunday. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of WisdomTree in a report on Wednesday, January 21st. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, WisdomTree currently has a consensus rating of “Moderate Buy” and an average target price of $18.47.

WisdomTree Stock Up 4.4%

NYSE WT opened at $19.04 on Thursday. The company has a current ratio of 4.57, a quick ratio of 4.18 and a debt-to-equity ratio of 2.37. The stock’s 50 day moving average is $15.99 and its two-hundred day moving average is $14.21. The company has a market capitalization of $2.90 billion, a price-to-earnings ratio of 46.43 and a beta of 1.13. WisdomTree, Inc. has a 1-year low of $9.10 and a 1-year high of $19.15.

WisdomTree (NYSE:WT) last announced its earnings results on Friday, May 1st. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.25 by $0.02. The business had revenue of $159.50 million for the quarter, compared to the consensus estimate of $156.96 million. WisdomTree had a return on equity of 33.31% and a net margin of 11.26%.WisdomTree’s revenue was up 47.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.16 EPS. Equities analysts forecast that WisdomTree, Inc. will post 1.11 earnings per share for the current fiscal year.

WisdomTree Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, May 13th. WisdomTree’s payout ratio is presently 29.27%.

Insider Activity at WisdomTree

In other news, COO R Jarrett Lilien sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $16.84, for a total value of $505,200.00. Following the transaction, the chief operating officer directly owned 1,140,245 shares of the company’s stock, valued at $19,201,725.80. The trade was a 2.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David M. Yates sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $18.06, for a total value of $270,900.00. Following the completion of the transaction, the insider directly owned 157,499 shares in the company, valued at $2,844,431.94. The trade was a 8.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 9.30% of the stock is owned by insiders.

WisdomTree Profile

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.