WisdomTree, Inc. (NYSE:WT) Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP boosted its position in WisdomTree, Inc. (NYSE:WT - Free Report) by 586.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 250,017 shares of the company's stock after purchasing an additional 213,571 shares during the period. Quantbot Technologies LP owned approximately 0.17% of WisdomTree worth $2,498,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of WisdomTree by 390.7% in the third quarter. FMR LLC now owns 2,859,073 shares of the company's stock worth $28,562,000 after buying an additional 2,276,452 shares during the period. Dynamic Technology Lab Private Ltd increased its stake in WisdomTree by 180.4% in the third quarter. Dynamic Technology Lab Private Ltd now owns 115,289 shares of the company's stock worth $1,152,000 after purchasing an additional 74,173 shares during the period. Charles Schwab Investment Management Inc. increased its stake in WisdomTree by 6.5% in the third 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 period. Foundry Partners LLC lifted its position in shares of WisdomTree by 15.9% during the third quarter. Foundry Partners LLC now owns 13,850 shares of the company's stock worth $138,000 after purchasing an additional 1,900 shares during the last quarter. Finally, Intech Investment Management LLC purchased a new stake in shares of WisdomTree during the third quarter valued at $345,000. Institutional investors own 78.64% of the company's stock.

WisdomTree Stock Down 2.0 %

Shares of NYSE WT traded down $0.24 during midday trading on Thursday, reaching $11.76. 1,827,827 shares of the company's stock traded hands, compared to its average volume of 1,319,940. The company has a market cap of $1.72 billion, a price-to-earnings ratio of 40.55 and a beta of 1.43. WisdomTree, Inc. has a one year low of $6.24 and a one year high of $12.45. The company has a quick ratio of 2.16, a current ratio of 2.88 and a debt-to-equity ratio of 1.36. The stock's 50 day simple moving average is $10.59 and its 200-day simple moving average is $10.20.

WisdomTree Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th were issued a $0.03 dividend. The ex-dividend date of this dividend was Wednesday, November 6th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.02%. WisdomTree's dividend payout ratio is presently 41.38%.

Insider Transactions at WisdomTree

In related news, insider Peter M. Ziemba sold 100,000 shares of the business's stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $11.43, for a total transaction of $1,143,000.00. Following the completion of the transaction, the insider now owns 948,386 shares in the company, valued at $10,840,051.98. The trade was a 9.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jonathan L. Steinberg bought 67,869 shares of the stock in a transaction on Friday, November 8th. The stock was purchased at an average price of $10.84 per share, with a total value of $735,699.96. Following the completion of the purchase, the chief executive officer now owns 9,240,707 shares of the company's stock, valued at $100,169,263.88. This represents a 0.74 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 7.80% of the company's stock.

Analyst Upgrades and Downgrades

WT has been the subject of a number of research analyst reports. Northcoast Research lowered shares of WisdomTree from a "strong-buy" rating to a "hold" rating in a report on Sunday, September 15th. UBS Group lifted their price target on shares of WisdomTree from $12.00 to $14.00 and gave the company a "buy" rating in a research note on Tuesday, October 22nd. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, WisdomTree currently has an average rating of "Moderate Buy" and a consensus price target of $12.25.

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.