Marshall Wace LLP Has $2.77 Million Stock Holdings in WisdomTree, Inc. (NYSE:WT)

Marshall Wace LLP lowered its position in shares of WisdomTree, Inc. (NYSE:WT) by 29.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 264,016 shares of the company’s stock after selling 109,928 shares during the quarter. Marshall Wace LLP owned about 0.18% of WisdomTree worth $2,772,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Smartleaf Asset Management LLC raised its holdings in WisdomTree by 173.3% in the 4th 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. Federated Hermes Inc. raised its stake in WisdomTree by 60.7% in the fourth quarter. Federated Hermes Inc. now owns 4,705 shares of the company’s stock valued at $49,000 after purchasing an additional 1,777 shares in the last quarter. Stonebridge Financial Group LLC bought a new stake in WisdomTree during the fourth quarter worth about $60,000. KBC Group NV grew its stake in WisdomTree by 48.4% during the fourth quarter. KBC Group NV now owns 7,792 shares of the company’s stock worth $82,000 after buying an additional 2,540 shares in the last quarter. Finally, Xponance Inc. bought a new position in WisdomTree in the 4th quarter valued at about $105,000. Institutional investors own 78.64% of the company’s stock.

Insiders Place Their Bets

In other WisdomTree news, insider Alexis Marinof sold 90,980 shares of WisdomTree stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $9.87, for a total transaction of $897,972.60. Following the transaction, the insider now directly owns 221,146 shares of the company’s stock, valued at approximately $2,182,711.02. The trade was a 29.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 7.80% of the company’s stock.

WisdomTree Stock Up 0.5 %

Shares of NYSE:WT opened at $8.69 on Friday. WisdomTree, Inc. has a 52-week low of $7.47 and a 52-week high of $12.45. The company has a market capitalization of $1.28 billion, a PE ratio of 28.03 and a beta of 1.26. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.13 and a current ratio of 2.92. The company has a fifty day moving average of $8.63 and a 200-day moving average of $9.86.

WisdomTree (NYSE:WT) last posted its earnings results 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 net margin of 15.59% and a return on equity of 24.67%. On average, equities analysts predict that WisdomTree, Inc. will post 0.72 EPS for the current fiscal year.

WisdomTree Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were given a dividend of $0.03 per share. The ex-dividend date was Wednesday, February 12th. This represents a $0.12 annualized dividend and a yield of 1.38%. WisdomTree’s dividend payout ratio is presently 38.71%.

Analysts Set New Price Targets

Several analysts recently issued reports on WT shares. Keefe, Bruyette & Woods reduced their price target on shares of WisdomTree from $12.00 to $10.50 and set a “market perform” rating on the stock in a research report on Tuesday, January 14th. The Goldman Sachs Group reduced their target price on WisdomTree from $9.75 to $8.50 and set a “sell” rating on the stock in a report on Monday, April 14th. Finally, Northcoast Research cut WisdomTree from a “buy” rating to a “neutral” rating in a report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, WisdomTree currently has an average rating of “Hold” and a consensus target price of $12.42.

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.