SG Americas Securities LLC Increases Stake in WisdomTree, Inc. (NYSE:WT)

SG Americas Securities LLC boosted its stake in WisdomTree, Inc. (NYSE:WT - Free Report) by 74.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 66,552 shares of the company's stock after buying an additional 28,354 shares during the period. SG Americas Securities LLC's holdings in WisdomTree were worth $699,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of WT. GAMMA Investing LLC increased its stake in WisdomTree by 76.8% during the third quarter. GAMMA Investing LLC now owns 4,054 shares of the company's stock worth $40,000 after purchasing an additional 1,761 shares during the period. Park Avenue Securities LLC acquired a new position in shares of WisdomTree in the third quarter valued at approximately $105,000. Cooper Financial Group purchased a new stake in WisdomTree during the 4th quarter worth approximately $111,000. JGP Wealth Management LLC acquired a new stake in WisdomTree during the 3rd quarter worth approximately $118,000. Finally, Algert Global LLC acquired a new stake in WisdomTree during the 2nd quarter worth approximately $121,000. 78.64% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other WisdomTree news, insider Etfs Capital Limited. sold 3,000,000 shares of WisdomTree stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $11.34, for a total transaction of $34,020,000.00. Following the transaction, the insider now owns 12,250,000 shares of the company's stock, valued at $138,915,000. The trade was a 19.67 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Jonathan L. Steinberg acquired 67,869 shares of the firm's stock in a transaction dated Friday, November 8th. The stock was purchased at an average cost of $10.84 per share, with a total value of $735,699.96. Following the completion of the acquisition, the chief executive officer now directly owns 9,240,707 shares of the company's stock, valued at approximately $100,169,263.88. This trade represents a 0.74 % increase in their position. The disclosure for this purchase can be found here. 7.80% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on WT shares. UBS Group upped their price objective on WisdomTree from $12.00 to $14.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. Keefe, Bruyette & Woods cut 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. Finally, Northcoast Research lowered WisdomTree from a "buy" rating to a "neutral" rating in a research 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, the stock has an average rating of "Moderate Buy" and an average price target of $12.54.

WisdomTree Stock Up 0.2 %

NYSE WT traded up $0.02 during trading on Monday, reaching $9.81. 1,335,316 shares of the company's stock were exchanged, compared to its average volume of 2,004,485. The company has a 50 day moving average price of $10.55 and a two-hundred day moving average price of $10.41. The stock has a market cap of $1.43 billion, a P/E ratio of 31.63 and a beta of 1.47. WisdomTree, Inc. has a 1 year low of $6.67 and a 1 year high of $12.45. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.13 and a current ratio of 2.92.

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%. On average, equities research analysts anticipate that WisdomTree, Inc. will post 0.7 EPS for the current fiscal year.

WisdomTree Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date is Wednesday, February 12th. WisdomTree's dividend payout ratio (DPR) is 38.71%.

WisdomTree Company 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.