ExodusPoint Capital Management LP Increases Stock Holdings in WisdomTree, Inc. (NYSE:WT)

ExodusPoint Capital Management LP grew its holdings in shares of WisdomTree, Inc. (NYSE:WT - Free Report) by 127.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,162,993 shares of the company's stock after purchasing an additional 651,121 shares during the quarter. ExodusPoint Capital Management LP owned approximately 0.80% of WisdomTree worth $12,211,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Smartleaf Asset Management LLC raised its holdings in WisdomTree by 173.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,793 shares of the company's stock valued at $39,000 after acquiring an additional 2,405 shares during the period. Stonebridge Financial Group LLC bought a new stake in WisdomTree during the 4th quarter valued at approximately $60,000. KBC Group NV boosted its stake in WisdomTree by 48.4% in 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 period. Xponance Inc. purchased a new position in WisdomTree during the fourth quarter valued at $105,000. Finally, Cooper Financial Group bought a new stake in WisdomTree in the 4th quarter valued at $111,000. Institutional investors own 78.64% of the company's stock.

Insider Buying and Selling

In other news, insider Alexis Marinof sold 90,980 shares of the company's stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $9.87, for a total transaction of $897,972.60. Following the completion of the transaction, the insider now directly owns 221,146 shares of the company's stock, valued at $2,182,711.02. This represents a 29.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 7.80% of the stock is currently owned by insiders.

WisdomTree Stock Performance

NYSE:WT traded up $0.81 during trading hours on Wednesday, hitting $8.48. 2,556,994 shares of the company were exchanged, compared to its average volume of 1,522,808. The company's 50 day moving average price is $8.97 and its 200-day moving average price is $9.99. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 27.35 and a beta of 1.26. WisdomTree, Inc. has a 52-week low of $7.47 and a 52-week high of $12.45. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.92 and a quick ratio of 2.13.

WisdomTree (NYSE:WT - Get Free Report) last released 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 return on equity of 24.67% and a net margin of 15.59%. As a group, research analysts forecast that WisdomTree, Inc. will post 0.72 earnings per share for the current year.

WisdomTree Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 1.42%. The ex-dividend date was Wednesday, February 12th. WisdomTree's dividend payout ratio is currently 38.71%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on WT shares. Keefe, Bruyette & Woods cut their price objective on WisdomTree from $12.00 to $10.50 and set a "market perform" rating for the company in a research report on Tuesday, January 14th. Northcoast Research cut WisdomTree from a "buy" rating to a "neutral" rating in a report on Thursday, January 2nd. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, WisdomTree currently has an average rating of "Moderate Buy" and an average target price of $12.54.

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.