Vanguard Group Inc. Sells 634,829 Shares of WisdomTree, Inc. (NYSE:WT)

Vanguard Group Inc. decreased its position in shares of WisdomTree, Inc. (NYSE:WT - Free Report) by 4.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,970,013 shares of the company's stock after selling 634,829 shares during the period. Vanguard Group Inc. owned approximately 10.25% of WisdomTree worth $157,185,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in WT. LPL Financial LLC purchased a new position in shares of WisdomTree in the 4th quarter worth $132,000. KLP Kapitalforvaltning AS purchased a new position in WisdomTree in the fourth quarter worth about $234,000. AXQ Capital LP grew its position in WisdomTree by 22.8% in the fourth quarter. AXQ Capital LP now owns 13,271 shares of the company's stock worth $139,000 after acquiring an additional 2,465 shares in the last quarter. American Century Companies Inc. increased its stake in WisdomTree by 14.4% during the fourth quarter. American Century Companies Inc. now owns 332,404 shares of the company's stock worth $3,490,000 after acquiring an additional 41,737 shares during the last quarter. Finally, Quantbot Technologies LP raised its position in WisdomTree by 5.4% during the fourth quarter. Quantbot Technologies LP now owns 263,456 shares of the company's stock valued at $2,766,000 after purchasing an additional 13,439 shares during the period. 78.64% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on WT. Keefe, Bruyette & Woods dropped their target price on WisdomTree from $12.00 to $10.50 and set a "market perform" rating for the company in a report on Tuesday, January 14th. Northcoast Research lowered shares of WisdomTree from a "buy" rating to a "neutral" rating in a research note on Thursday, January 2nd. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, WisdomTree presently has an average rating of "Moderate Buy" and a consensus target price of $12.54.

WisdomTree Stock Up 3.3 %

NYSE WT traded up $0.27 on Friday, reaching $8.22. 1,543,667 shares of the stock traded hands, compared to its average volume of 1,528,436. WisdomTree, Inc. has a 12 month low of $7.47 and a 12 month high of $12.45. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 26.50 and a beta of 1.26. The company has a fifty day moving average price of $8.90 and a 200-day moving average price of $9.96. 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 released its quarterly earnings data 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%. As a group, research analysts forecast that WisdomTree, Inc. will post 0.72 EPS for the current fiscal year.

WisdomTree Dividend Announcement

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

Insider Activity at WisdomTree

In other WisdomTree news, insider Alexis Marinof sold 90,980 shares of the stock in a transaction 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 sale, the insider now owns 221,146 shares of the company's stock, valued at approximately $2,182,711.02. This trade represents a 29.15 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 7.80% of the stock is currently owned by corporate insiders.

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.