Caas Capital Management LP Acquires 54,863 Shares of WisdomTree, Inc. (NYSE:WT)

Caas Capital Management LP boosted its position in shares of WisdomTree, Inc. (NYSE:WT - Free Report) by 73.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 129,184 shares of the company's stock after buying an additional 54,863 shares during the quarter. WisdomTree makes up about 0.2% of Caas Capital Management LP's holdings, making the stock its 24th biggest holding. Caas Capital Management LP owned about 0.09% of WisdomTree worth $1,356,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in WT. KBC Group NV lifted its holdings in WisdomTree by 48.4% in the 4th quarter. KBC Group NV now owns 7,792 shares of the company's stock worth $82,000 after buying an additional 2,540 shares during the period. Toth Financial Advisory Corp bought a new position in shares of WisdomTree during the fourth quarter valued at approximately $278,000. Impact Partnership Wealth LLC lifted its stake in WisdomTree by 19.2% in the fourth quarter. Impact Partnership Wealth LLC now owns 41,084 shares of the company's stock worth $431,000 after acquiring an additional 6,617 shares during the period. SG Americas Securities LLC boosted its holdings in WisdomTree by 74.2% in the fourth quarter. SG Americas Securities LLC now owns 66,552 shares of the company's stock valued at $699,000 after acquiring an additional 28,354 shares in the last quarter. Finally, Park Avenue Securities LLC increased its position in WisdomTree by 175.8% during the 4th quarter. Park Avenue Securities LLC now owns 29,015 shares of the company's stock valued at $305,000 after purchasing an additional 18,495 shares during the period. Hedge funds and other institutional investors own 78.64% of the company's stock.

WisdomTree Stock Down 0.6 %

NYSE:WT traded down $0.06 during mid-day trading on Friday, hitting $9.54. 1,263,915 shares of the company's stock were exchanged, compared to its average volume of 1,939,093. The company has a market cap of $1.39 billion, a PE ratio of 30.77 and a beta of 1.47. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.92 and a quick ratio of 2.13. WisdomTree, Inc. has a one year low of $6.78 and a one year high of $12.45. The business has a fifty day moving average price of $10.32 and a 200 day moving average price of $10.38.

WisdomTree (NYSE:WT - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.17 EPS 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%. Equities analysts predict that WisdomTree, Inc. will post 0.7 EPS for the current year.

WisdomTree Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.26%. WisdomTree's dividend payout ratio is currently 38.71%.

Insider Activity

In related news, insider Alexis Marinof sold 90,980 shares of the company's stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $9.87, for a total value of $897,972.60. Following the transaction, the insider now directly owns 221,146 shares of the company's stock, valued at approximately $2,182,711.02. This represents a 29.15 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Peter M. Ziemba sold 100,000 shares of WisdomTree stock in a transaction on Friday, November 15th. The stock was sold at an average price of $11.43, for a total value of $1,143,000.00. Following the completion of the sale, the insider now directly owns 948,386 shares of the company's stock, valued at approximately $10,840,051.98. The trade was a 9.54 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,190,980 shares of company stock worth $36,060,973 over the last three months. 7.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on WT. Northcoast Research lowered shares of WisdomTree from a "buy" rating to a "neutral" rating in a research note on Thursday, January 2nd. Keefe, Bruyette & Woods lowered their price objective on shares of WisdomTree from $12.00 to $10.50 and set a "market perform" rating for the company in a report on Tuesday, January 14th. Finally, UBS Group upped their target price on WisdomTree from $12.00 to $14.00 and gave the stock a "buy" rating in a report on Tuesday, October 22nd. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $12.54.

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.