WisdomTree, Inc. (NYSE:WT) Shares Sold by Olympiad Research LP

Olympiad Research LP lessened its holdings in shares of WisdomTree, Inc. (NYSE:WT) by 9.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,778 shares of the company’s stock after selling 2,282 shares during the quarter. Olympiad Research LP’s holdings in WisdomTree were worth $239,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WT. Stonebridge Financial Group LLC acquired a new stake in WisdomTree during the 4th quarter worth $60,000. KBC Group NV boosted its stake in WisdomTree by 48.4% during the 4th quarter. KBC Group NV now owns 7,792 shares of the company’s stock worth $82,000 after purchasing an additional 2,540 shares during the last quarter. Cooper Financial Group acquired a new stake in WisdomTree during the 4th quarter worth $111,000. Versor Investments LP acquired a new stake in WisdomTree during the 3rd quarter worth $134,000. Finally, Principal Securities Inc. boosted its position in shares of WisdomTree by 146.1% during the 4th quarter. Principal Securities Inc. now owns 12,858 shares of the company’s stock valued at $135,000 after acquiring an additional 7,633 shares during the last quarter. Institutional investors and hedge funds own 78.64% of the company’s stock.

WisdomTree Stock Down 0.7 %

Shares of WT opened at $9.28 on Monday. The firm has a market cap of $1.36 billion, a P/E ratio of 29.92 and a beta of 1.47. WisdomTree, Inc. has a 12-month low of $7.28 and a 12-month high of $12.45. The company’s 50-day moving average price is $9.95 and its 200 day moving average price is $10.28. The company has a current ratio of 2.92, a quick ratio of 2.13 and a debt-to-equity ratio of 1.28.

WisdomTree (NYSE:WT) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.17 earnings per share (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, sell-side analysts forecast that WisdomTree, Inc. will post 0.72 earnings per share for the current year.

WisdomTree Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be issued a $0.03 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $0.12 annualized dividend and a yield of 1.29%. WisdomTree’s dividend payout ratio (DPR) is currently 38.71%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on WT. Keefe, Bruyette & Woods lowered 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. Northcoast Research cut shares of WisdomTree from a “buy” rating to a “neutral” rating in a research report on Thursday, January 2nd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, WisdomTree presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.54.

Insider Activity at WisdomTree

In other WisdomTree news, insider Alexis Marinof sold 90,980 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $9.87, for a total transaction of $897,972.60. Following the sale, the insider now directly owns 221,146 shares in the company, valued at $2,182,711.02. This represents a 29.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Etfs Capital Limited. sold 3,000,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $11.34, for a total transaction of $34,020,000.00. Following the sale, the insider now owns 12,250,000 shares in the company, valued at $138,915,000. This trade represents a 19.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.80% of the stock is owned by insiders.

WisdomTree Company 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.