Barclays PLC boosted its position in WisdomTree, Inc. (NYSE:WT - Free Report) by 201.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 268,668 shares of the company's stock after purchasing an additional 179,493 shares during the period. Barclays PLC owned approximately 0.18% of WisdomTree worth $2,684,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WT. Amalgamated Bank grew its stake in shares of WisdomTree by 2.8% in the 3rd quarter. Amalgamated Bank now owns 36,023 shares of the company's stock worth $360,000 after purchasing an additional 986 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in WisdomTree by 3.1% during the third quarter. Oppenheimer & Co. Inc. now owns 33,500 shares of the company's stock worth $335,000 after buying an additional 1,000 shares in the last quarter. Impact Partnership Wealth LLC grew its position in WisdomTree by 3.3% in the third quarter. Impact Partnership Wealth LLC now owns 34,467 shares of the company's stock worth $344,000 after buying an additional 1,108 shares during the last quarter. Louisiana State Employees Retirement System increased its holdings in shares of WisdomTree by 2.3% in the third quarter. Louisiana State Employees Retirement System now owns 57,500 shares of the company's stock valued at $574,000 after buying an additional 1,300 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its position in shares of WisdomTree by 3.4% during the 2nd quarter. Hsbc Holdings PLC now owns 47,546 shares of the company's stock valued at $467,000 after acquiring an additional 1,576 shares during the last quarter. 78.64% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the company. Northcoast Research lowered WisdomTree from a "strong-buy" rating to a "hold" rating in a research report on Sunday, September 15th. UBS Group boosted their price objective on WisdomTree from $12.00 to $14.00 and gave the stock a "buy" rating in a report on Tuesday, October 22nd. 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, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $12.25.
View Our Latest Stock Analysis on WisdomTree
Insider Activity at WisdomTree
In other news, CEO Jonathan L. Steinberg acquired 67,869 shares of the business's stock in a transaction that occurred on Friday, November 8th. The stock was acquired at an average cost of $10.84 per share, for a total transaction of $735,699.96. Following the completion of the acquisition, the chief executive officer now owns 9,240,707 shares in the company, valued at approximately $100,169,263.88. The trade was a 0.74 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Peter M. Ziemba sold 100,000 shares of the company's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $11.43, for a total value of $1,143,000.00. Following the completion of the transaction, the insider now directly owns 948,386 shares in the company, valued at approximately $10,840,051.98. The trade was a 9.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.80% of the stock is currently owned by insiders.
WisdomTree Stock Up 1.8 %
WisdomTree stock traded up $0.19 during mid-day trading on Wednesday, hitting $10.69. The company's stock had a trading volume of 534,123 shares, compared to its average volume of 1,347,117. WisdomTree, Inc. has a 52-week low of $6.57 and a 52-week high of $12.45. The company has a market cap of $1.56 billion, a PE ratio of 36.86 and a beta of 1.46. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.88 and a quick ratio of 2.16. The firm's 50 day moving average is $11.08 and its 200 day moving average is $10.42.
WisdomTree Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 1.12%. The ex-dividend date of this dividend was Wednesday, November 6th. WisdomTree's dividend payout ratio is currently 41.38%.
WisdomTree Profile
(
Free Report)
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.
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