Kennedy Capital Management LLC Has $5.73 Million Holdings in WisdomTree, Inc. (NYSE:WT)

Kennedy Capital Management LLC raised its position in WisdomTree, Inc. (NYSE:WT - Free Report) by 78.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 545,505 shares of the company's stock after buying an additional 239,939 shares during the period. Kennedy Capital Management LLC owned about 0.37% of WisdomTree worth $5,728,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in WT. Smartleaf Asset Management LLC lifted its stake in WisdomTree by 173.3% during the fourth 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 in the last quarter. Federated Hermes Inc. increased its stake in WisdomTree by 60.7% in the fourth quarter. Federated Hermes Inc. now owns 4,705 shares of the company's stock valued at $49,000 after purchasing an additional 1,777 shares during the last quarter. Stonebridge Financial Group LLC acquired a new position in WisdomTree in the fourth quarter valued at $60,000. KBC Group NV lifted its stake in WisdomTree by 48.4% in the fourth quarter. KBC Group NV now owns 7,792 shares of the company's stock valued at $82,000 after buying an additional 2,540 shares during the last quarter. Finally, Xponance Inc. purchased a new stake in WisdomTree during the 4th quarter valued at approximately $105,000. 78.64% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on WT. Keefe, Bruyette & Woods lowered their price target on WisdomTree from $12.00 to $10.50 and set a "market perform" rating on the stock in a report on Tuesday, January 14th. The Goldman Sachs Group cut their price objective on shares of WisdomTree from $9.75 to $8.50 and set a "sell" rating on the stock in a report on Monday. Finally, Northcoast Research downgraded WisdomTree from a "buy" rating to a "neutral" rating in a report on Thursday, January 2nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $11.96.

WisdomTree Stock Up 0.6 %

Shares of NYSE WT traded up $0.05 during mid-day trading on Thursday, reaching $8.23. 410,129 shares of the company traded hands, compared to its average volume of 1,531,654. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.13 and a current ratio of 2.92. The company's fifty day moving average is $8.82 and its two-hundred day moving average is $9.93. The stock has a market cap of $1.21 billion, a PE ratio of 26.47 and a beta of 1.26. WisdomTree, Inc. has a fifty-two week low of $7.47 and a fifty-two week high of $12.45.

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

WisdomTree Dividend Announcement

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

Insider Buying and Selling

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