Dynamic Technology Lab Private Ltd Grows Stock Position in WisdomTree, Inc. (NYSE:WT)

Dynamic Technology Lab Private Ltd grew its holdings in shares of WisdomTree, Inc. (NYSE:WT - Free Report) by 180.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 115,289 shares of the company's stock after purchasing an additional 74,173 shares during the quarter. Dynamic Technology Lab Private Ltd owned approximately 0.08% of WisdomTree worth $1,152,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. CWM LLC grew its stake in shares of WisdomTree by 85.8% during the 2nd quarter. CWM LLC now owns 2,746 shares of the company's stock valued at $27,000 after acquiring an additional 1,268 shares during the period. Headlands Technologies LLC bought a new position in shares of WisdomTree in the second quarter worth approximately $27,000. Gladius Capital Management LP purchased a new stake in shares of WisdomTree in the second quarter worth $32,000. GAMMA Investing LLC raised its position in shares of WisdomTree by 76.8% during the 3rd quarter. GAMMA Investing LLC now owns 4,054 shares of the company's stock valued at $40,000 after purchasing an additional 1,761 shares during the period. Finally, Bayesian Capital Management LP purchased a new position in shares of WisdomTree during the 1st quarter valued at $105,000. Hedge funds and other institutional investors own 78.64% of the company's stock.

Insider Transactions at WisdomTree

In other WisdomTree news, insider Peter M. Ziemba sold 100,000 shares of the business's stock in a transaction that occurred on 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 of the company's stock, valued at approximately $10,840,051.98. The trade was a 9.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Jonathan L. Steinberg acquired 67,869 shares of the stock in a transaction on Friday, November 8th. The stock was bought at an average price of $10.84 per share, for a total transaction of $735,699.96. Following the transaction, the chief executive officer now owns 9,240,707 shares in the company, valued at approximately $100,169,263.88. This represents a 0.74 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 7.80% of the company's stock.

WisdomTree Stock Performance

Shares of WisdomTree stock traded down $0.39 during midday trading on Wednesday, hitting $11.61. The company had a trading volume of 1,158,779 shares, compared to its average volume of 1,316,912. The company has a quick ratio of 2.16, a current ratio of 2.88 and a debt-to-equity ratio of 1.36. WisdomTree, Inc. has a 12-month low of $6.24 and a 12-month high of $12.45. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 40.10 and a beta of 1.43. The company has a fifty day simple moving average of $10.55 and a 200 day simple moving average of $10.19.

WisdomTree Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 1.03%. The ex-dividend date was Wednesday, November 6th. WisdomTree's dividend payout ratio (DPR) is currently 41.38%.

Wall Street Analyst Weigh In

A number of research firms have commented on WT. Northcoast Research cut WisdomTree from a "strong-buy" rating to a "hold" rating in a report on Sunday, September 15th. UBS Group lifted their target price on WisdomTree from $12.00 to $14.00 and gave the company a "buy" rating in a research note on Tuesday, October 22nd. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $12.25.

About WisdomTree

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.