Quantbot Technologies LP Acquires 13,439 Shares of WisdomTree, Inc. (NYSE:WT)

Quantbot Technologies LP lifted its holdings in shares of WisdomTree, Inc. (NYSE:WT) by 5.4% during the fourth quarter, HoldingsChannel reports. The firm owned 263,456 shares of the company’s stock after purchasing an additional 13,439 shares during the quarter. Quantbot Technologies LP’s holdings in WisdomTree were worth $2,766,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in WT. Smartleaf Asset Management LLC raised its stake in shares of WisdomTree by 173.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,793 shares of the company’s stock worth $39,000 after purchasing an additional 2,405 shares during the period. Stonebridge Financial Group LLC bought a new stake in WisdomTree in the 4th quarter valued at about $60,000. KBC Group NV raised its stake in WisdomTree by 48.4% in the 4th quarter. KBC Group NV now owns 7,792 shares of the company’s stock valued at $82,000 after acquiring an additional 2,540 shares during the period. Xponance Inc. bought a new stake in WisdomTree in the 4th quarter valued at about $105,000. Finally, Cooper Financial Group bought a new stake in WisdomTree in the 4th quarter valued at about $111,000. 78.64% of the stock is currently owned by institutional investors.

Insider Transactions at WisdomTree

In other news, insider Alexis Marinof sold 90,980 shares of the business’s 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 completion of the transaction, the insider now 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 7.80% of the stock is owned by insiders.

WisdomTree Stock Down 1.2 %

WT stock opened at $8.68 on Friday. 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 market capitalization of $1.28 billion, a PE ratio of 27.98 and a beta of 1.53. WisdomTree, Inc. has a twelve month low of $7.96 and a twelve month high of $12.45. The stock has a 50-day simple moving average of $9.30 and a two-hundred day simple moving average of $10.10.

WisdomTree (NYSE:WT) last posted its 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%. On average, equities analysts predict that WisdomTree, Inc. will post 0.72 EPS for the current fiscal year.

WisdomTree Announces Dividend

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

Analysts Set New Price Targets

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

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.