XTX Topco Ltd Buys 9,472 Shares of WisdomTree, Inc. (NYSE:WT)

XTX Topco Ltd grew its stake in WisdomTree, Inc. (NYSE:WT) by 13.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,545 shares of the company’s stock after purchasing an additional 9,472 shares during the quarter. XTX Topco Ltd’s holdings in WisdomTree were worth $856,000 as of its most recent SEC filing.

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

Insiders Place Their Bets

In related news, insider Alexis Marinof sold 90,980 shares of the business’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $9.87, for a total transaction of $897,972.60. Following the sale, the insider now owns 221,146 shares in the company, valued at $2,182,711.02. The trade was a 29.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 7.80% of the company’s stock.

Analysts Set New Price Targets

WT has been the subject of several analyst reports. Northcoast Research cut shares of WisdomTree from a “buy” rating to a “neutral” rating in a research note on Thursday, January 2nd. The Goldman Sachs Group cut their price target on WisdomTree from $9.75 to $8.50 and set a “sell” rating for the company in a research note on Monday. Finally, 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. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $11.96.

WisdomTree Trading Down 2.2 %

Shares of WT stock opened at $8.18 on Thursday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.13 and a current ratio of 2.92. WisdomTree, Inc. has a fifty-two week low of $7.47 and a fifty-two week high of $12.45. The company has a market cap of $1.20 billion, a PE ratio of 26.39 and a beta of 1.26. The stock’s fifty day moving average price is $8.82 and its two-hundred day moving average price is $9.93.

WisdomTree (NYSE:WT) last released its earnings results on Friday, January 31st. The company reported $0.17 earnings per share (EPS) 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%. Equities analysts predict that WisdomTree, Inc. will post 0.72 EPS for the current fiscal year.

WisdomTree Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were given a $0.03 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $0.12 dividend on an annualized basis and a yield of 1.47%. WisdomTree’s dividend payout ratio is currently 38.71%.

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.