Integrated Quantitative Investments LLC Takes $1.30 Million Position in WisdomTree, Inc. (NYSE:WT)

Integrated Quantitative Investments LLC purchased a new position in WisdomTree, Inc. (NYSE:WT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 123,888 shares of the company's stock, valued at approximately $1,301,000. Integrated Quantitative Investments LLC owned approximately 0.08% of WisdomTree at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in WT. Principal Financial Group Inc. raised its stake in WisdomTree by 26.9% in the third quarter. Principal Financial Group Inc. now owns 708,842 shares of the company's stock valued at $7,081,000 after buying an additional 150,257 shares during the last quarter. Truist Financial Corp boosted its stake in WisdomTree by 142.9% in the 4th quarter. Truist Financial Corp now owns 73,579 shares of the company's stock worth $773,000 after purchasing an additional 43,293 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in WisdomTree by 6.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,191,137 shares of the company's stock worth $11,899,000 after purchasing an additional 72,376 shares during the last quarter. Barclays PLC increased its stake in WisdomTree by 201.3% during the 3rd quarter. Barclays PLC now owns 268,668 shares of the company's stock valued at $2,684,000 after purchasing an additional 179,493 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky raised its holdings in shares of WisdomTree by 589.2% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 249,249 shares of the company's stock worth $2,491,000 after buying an additional 213,086 shares during the last quarter. 78.64% of the stock is currently owned by hedge funds and other institutional investors.

WisdomTree Stock Performance

Shares of NYSE WT traded up $0.24 during trading on Wednesday, reaching $7.91. 599,179 shares of the company traded hands, compared to its average volume of 1,515,786. WisdomTree, Inc. has a 12-month low of $7.47 and a 12-month high of $12.45. The company has a current ratio of 2.92, a quick ratio of 2.13 and a debt-to-equity ratio of 1.28. The stock has a market cap of $1.16 billion, a P/E ratio of 25.44 and a beta of 1.26. The firm's fifty day simple moving average is $9.02 and its 200 day simple moving average is $10.01.

WisdomTree (NYSE:WT - Get Free Report) last announced its quarterly earnings results on Friday, January 31st. The company reported $0.17 earnings per share (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%. As a group, research analysts anticipate that WisdomTree, Inc. will post 0.72 earnings per share for the current fiscal year.

WisdomTree Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date was Wednesday, February 12th. WisdomTree's dividend payout ratio (DPR) is presently 38.71%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Northcoast Research downgraded WisdomTree from a "buy" rating to a "neutral" rating in a research report on Thursday, January 2nd. Keefe, Bruyette & Woods cut their price objective on 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, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $12.54.

Insider Activity at WisdomTree

In other WisdomTree news, insider Alexis Marinof sold 90,980 shares of the 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 transaction, the insider now owns 221,146 shares in the company, valued at approximately $2,182,711.02. This represents a 29.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 7.80% of the stock is owned by company insiders.

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.