1 day Ago By Defense World Staff
Norges Bank acquired a new position in shares of WisdomTree, Inc. (NYSE:WT – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 87,466 shares of the company’s stock, valued at approximately $918,000.
Norges Bank owned about 0.06% of WisdomTree as of its most recent SEC filing. A number of other institutional investors have also recently bought and sold shares of the stock.
Navellier & Associates Inc. grew its stake in shares of WisdomTree by 11.4% during the fourth quarter.
Navellier & Associates Inc. now owns 15,226 shares of the company’s stock valued at $160,000 after acquiring an additional 1,556 shares in the last quarter. EntryPoint Capital LLC grew its position in WisdomTree by 6.
7% in the 4th quarter. EntryPoint Capital LLC now owns 29,622 shares of the company’s stock valued at $311,000 after buying an additional 1,870 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of WisdomTree by 173.
3% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,793 shares of the company’s stock valued at $39,000 after purchasing an additional 2,405 shares during the period. AXQ Capital LP grew its stake in shares of WisdomTree by 22.
8% in the 4th quarter. AXQ Capital LP now owns 13,271 shares of the company’s stock worth $139,000 after purchasing an additional 2,465 shares during the last quarter. Finally, KBC Group NV raised its position in shares of WisdomTree by 48.
4% during the fourth quarter. KBC Group NV now owns 7,792 shares of the company’s stock worth $82,000 after purchasing an additional 2,540 shares during the period. 78.
64% of the stock is currently owned by hedge funds and other institutional investors. Insider Activity at WisdomTreeIn related news, insider Alexis Marinof sold 90,980 shares of WisdomTree 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 completion of the sale, the insider now directly owns 221,146 shares of the company’s stock, valued at $2,182,711.
02. The trade was a 29.15 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 7.80% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast GrowthA number of research firms have recently issued reports on WT. Keefe, Bruyette & Woods reduced their price target on shares of WisdomTree from $12.00 to $10.
50 and set a “market perform” rating for the company in a research report 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. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.
According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $12.54.
Get Our Latest Research Report on WisdomTreeWisdomTree Stock Up 3.3 %Shares of WT stock opened at $8.22 on Friday.
The stock has a fifty day moving average price of $8.90 and a 200 day moving average price of $9.96.
The stock has a market cap of $1.21 billion, a P/E ratio of 26.50 and a beta of 1.
26. WisdomTree, Inc. has a one year low of $7.
47 and a one year high of $12.45. 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 (NYSE:WT – Get Free Report) last posted its earnings results on Friday, January 31st. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.
19 by ($0.02). WisdomTree had a return on equity of 24.
67% and a net margin of 15.59%. Analysts predict that WisdomTree, Inc.
will post 0.72 earnings per share for the current year. WisdomTree Dividend AnnouncementThe business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th.
Shareholders of record on Wednesday, February 12th were issued a dividend of $0.03 per share. This represents a $0.
12 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date was Wednesday, February 12th.
WisdomTree’s dividend payout ratio is currently 38.71%. WisdomTree Company Profile (Free Report)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.Featured ArticlesFive stocks we like better than WisdomTreeExpert Stock Trading Psychology TipsRobinhood Strategies Could Be a Game-Changer for Young InvestorsPros And Cons Of Monthly Dividend StocksAre These 3 Retail Stocks Oversold or Really in Trouble?Stock Trading Terms – Stock Terms Every Investor Needs to KnowIONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are AheadWant to see what other hedge funds are holding WT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for WisdomTree, Inc. (NYSE:WT – Free Report)..
