1 week Ago By Defense World Staff
Northcoast Research downgraded shares of WisdomTree ( NYSE:WT – Free Report ) from a buy rating to a neutral rating in a research note issued to investors on Thursday, Marketbeat Ratings reports. Separately, UBS Group boosted their price objective on WisdomTree from $12.00 to $14.
00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.
com, WisdomTree currently has an average rating of “Moderate Buy” and a consensus price target of $12.79. Get Our Latest Stock Analysis on WisdomTree WisdomTree Stock Down 3.
7 % WisdomTree Announces Dividend The company also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th were given a dividend of $0.03 per share.
The ex-dividend date of this dividend was Wednesday, November 6th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.
19%. WisdomTree’s payout ratio is currently 41.38%.
Insider Activity In related news, insider Etfs Capital Limited. sold 3,000,000 shares of the company’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $11.
34, for a total value of $34,020,000.00. Following the completion of the sale, the insider now owns 12,250,000 shares in the company, valued at approximately $138,915,000.
This represents a 19.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link .
Also, CEO Jonathan L. Steinberg bought 67,869 shares of WisdomTree stock in a transaction on Friday, November 8th. The shares were bought at an average price of $10.
84 per share, for a total transaction of $735,699.96. Following the acquisition, the chief executive officer now owns 9,240,707 shares of the company’s stock, valued at approximately $100,169,263.
88. The trade was a 0.74 % increase in their position.
The disclosure for this purchase can be found here . 7.80% of the stock is currently owned by insiders.
Institutional Trading of WisdomTree Large investors have recently made changes to their positions in the company. Headlands Technologies LLC acquired a new position in shares of WisdomTree in the second quarter valued at approximately $27,000. GAMMA Investing LLC boosted its stake in WisdomTree by 76.
8% in the 3rd 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 stake in shares of WisdomTree in the 3rd quarter valued at about $105,000.
Benjamin Edwards Inc. bought a new stake in shares of WisdomTree in the second quarter valued at about $115,000. Finally, Foundry Partners LLC bought a new stake in shares of WisdomTree in the second quarter valued at about $118,000.
Institutional investors own 78.64% of the company’s stock. About WisdomTree ( Get 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. Recommended Stories Five stocks we like better than WisdomTree Dividend Payout Ratio Calculator 3 Legacy Tech Companies Reemerging as AI Leaders What Are Dividend Contenders? Investing in Dividend Contenders Analysts’ Favorite Cybersecurity Stocks: 3 Top Picks What Does a Stock Split Mean? Analysts Are Bullish: 3 Tech Giants With Upgraded Price Targets Receive News & Ratings for WisdomTree Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree and related companies with MarketBeat.
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