WisdomTree, Inc. (NYSE:WT) Shares Acquired by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership grew its holdings in WisdomTree, Inc. (NYSE:WT - Free Report) by 188.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 722,586 shares of the company's stock after purchasing an additional 472,505 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.49% of WisdomTree worth $7,587,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in WT. Smartleaf Asset Management LLC increased its holdings in 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 acquired a new position in shares of WisdomTree during the fourth quarter worth about $60,000. KBC Group NV increased its stake 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 during the period. Xponance Inc. purchased a new stake in shares of WisdomTree during the fourth quarter worth approximately $105,000. Finally, Cooper Financial Group acquired a new stake in WisdomTree in the fourth quarter valued at approximately $111,000. Institutional investors and hedge funds own 78.64% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on WT shares. Keefe, Bruyette & Woods lowered their price target on shares of WisdomTree from $12.00 to $10.50 and set a "market perform" rating for the company in a report on Tuesday, January 14th. Northcoast Research downgraded shares of WisdomTree from a "buy" rating to a "neutral" rating in a research note on Thursday, January 2nd. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $12.54.

WisdomTree Stock Up 3.3 %

WT stock traded up $0.27 during midday trading on Friday, reaching $8.22. 1,543,667 shares of the company were exchanged, compared to its average volume of 1,528,436. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 26.50 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. WisdomTree, Inc. has a 1-year low of $7.47 and a 1-year high of $12.45. The stock's 50-day simple moving average is $8.90 and its 200 day simple moving average is $9.96.

WisdomTree (NYSE:WT - Get Free Report) last posted its earnings results on Friday, January 31st. The company reported $0.17 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%. On average, equities analysts forecast that WisdomTree, Inc. will post 0.72 earnings per share for the current year.

WisdomTree Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date was Wednesday, February 12th. WisdomTree's dividend payout ratio (DPR) is currently 38.71%.

Insider Activity

In other news, insider Alexis Marinof sold 90,980 shares of the firm'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 transaction, the insider now directly owns 221,146 shares in the company, valued at approximately $2,182,711.02. This trade represents a 29.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 7.80% of the company's stock.

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.