American Century Companies Inc. Buys 41,737 Shares of WisdomTree, Inc. (NYSE:WT)

American Century Companies Inc. grew its holdings in shares of WisdomTree, Inc. (NYSE:WT - Free Report) by 14.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 332,404 shares of the company's stock after buying an additional 41,737 shares during the period. American Century Companies Inc. owned 0.23% of WisdomTree worth $3,490,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Navellier & Associates Inc. increased its position in WisdomTree by 11.4% during the 4th quarter. Navellier & Associates Inc. now owns 15,226 shares of the company's stock valued at $160,000 after buying an additional 1,556 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of WisdomTree by 173.3% in 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. KBC Group NV increased 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 valued at $82,000 after acquiring an additional 2,540 shares in the last quarter. Illinois Municipal Retirement Fund raised its position in shares of WisdomTree by 4.4% in the 4th quarter. Illinois Municipal Retirement Fund now owns 65,395 shares of the company's stock worth $687,000 after purchasing an additional 2,733 shares during the last quarter. Finally, Sheaff Brock Investment Advisors LLC grew its position in WisdomTree by 8.3% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 41,753 shares of the company's stock valued at $438,000 after purchasing an additional 3,206 shares during the last quarter. 78.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Insider Activity at WisdomTree

In related news, insider Alexis Marinof sold 90,980 shares of the business's stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $9.87, for a total transaction of $897,972.60. Following the completion of the sale, the insider now directly owns 221,146 shares in the company, 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 filing with the SEC, which can be accessed through the SEC website. 7.80% of the stock is owned by company insiders.

WisdomTree Stock Performance

WT traded up $0.27 during midday trading on Friday, hitting $8.22. 1,543,667 shares of the company traded hands, compared to its average volume of 1,528,436. The company's 50-day moving average is $8.90 and its 200 day moving average is $9.96. WisdomTree, Inc. has a 52 week low of $7.47 and a 52 week high of $12.45. The firm has a market capitalization of $1.21 billion, a PE ratio of 26.50 and a beta of 1.26. The company has a quick ratio of 2.13, a current ratio of 2.92 and a debt-to-equity ratio of 1.28.

WisdomTree (NYSE:WT - Get Free Report) last issued its quarterly earnings data 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, research analysts expect that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 1.46%. The ex-dividend date of this dividend was Wednesday, February 12th. WisdomTree's 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.