WisdomTree, Inc. (NYSE:WT) Shares Sold by Jump Financial LLC

Jump Financial LLC lowered its position in shares of WisdomTree, Inc. (NYSE:WT - Free Report) by 53.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 71,889 shares of the company's stock after selling 83,341 shares during the quarter. Jump Financial LLC's holdings in WisdomTree were worth $755,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of WT. ExodusPoint Capital Management LP grew its position in shares of WisdomTree by 127.2% during the 4th quarter. ExodusPoint Capital Management LP now owns 1,162,993 shares of the company's stock valued at $12,211,000 after buying an additional 651,121 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in WisdomTree by 157.4% in the fourth quarter. JPMorgan Chase & Co. now owns 880,489 shares of the company's stock valued at $9,245,000 after acquiring an additional 538,385 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of WisdomTree by 188.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 722,586 shares of the company's stock valued at $7,587,000 after purchasing an additional 472,505 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of WisdomTree during the fourth quarter valued at approximately $4,262,000. Finally, Edgestream Partners L.P. raised its position in shares of WisdomTree by 498.8% during the 4th quarter. Edgestream Partners L.P. now owns 468,117 shares of the company's stock worth $4,915,000 after purchasing an additional 389,945 shares during the period. Institutional investors own 78.64% of the company's stock.

Insider Activity

In related news, insider Alexis Marinof sold 90,980 shares of the firm's stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $9.87, for a total transaction of $897,972.60. Following the completion of the sale, the insider now directly owns 221,146 shares in the company, valued at approximately $2,182,711.02. This trade represents a 29.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 7.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on WT. Keefe, Bruyette & Woods lowered their price objective on WisdomTree from $12.00 to $10.50 and set a "market perform" rating for the company in a research note on Tuesday, January 14th. Northcoast Research lowered shares of WisdomTree from a "buy" rating to a "neutral" rating in a research report on Thursday, January 2nd. Finally, The Goldman Sachs Group dropped 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, April 14th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, WisdomTree presently has an average rating of "Hold" and a consensus price target of $12.42.

WisdomTree Price Performance

Shares of WT opened at $8.38 on Wednesday. WisdomTree, Inc. has a one year low of $7.47 and a one year high of $12.45. The stock's fifty day moving average is $8.70 and its 200-day moving average is $9.88. 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 firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 27.02 and a beta of 1.26.

WisdomTree (NYSE:WT - Get Free Report) last released 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 anticipate that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend was Wednesday, February 12th. WisdomTree's dividend payout ratio is presently 38.71%.

About WisdomTree

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.