WisdomTree Investments Inc. (NASDAQ:WETF) received a $12.00 price target from Jefferies Group in a note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Jefferies Group’s price objective indicates a potential upside of 8.50% from the stock’s previous close.

Several other analysts have also issued reports on WETF. Credit Suisse Group AG restated a “buy” rating on shares of WisdomTree Investments in a research report on Monday, August 1st. Zacks Investment Research upgraded shares of WisdomTree Investments from a “sell” rating to a “hold” rating in a research report on Wednesday, August 3rd. Finally, Citigroup Inc. restated a “sell” rating on shares of WisdomTree Investments in a research report on Tuesday, October 18th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $13.17.

Analyst Recommendations for WisdomTree Investments (NASDAQ:WETF)

Shares of WisdomTree Investments (NASDAQ:WETF) opened at 11.06 on Tuesday. The stock has a market cap of $1.48 billion, a PE ratio of 34.24 and a beta of 3.10. WisdomTree Investments has a 52-week low of $8.00 and a 52-week high of $22.33. The stock’s 50 day moving average is $9.53 and its 200 day moving average is $10.28.

WisdomTree Investments (NASDAQ:WETF) last announced its earnings results on Friday, October 28th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. The company earned $51.80 million during the quarter, compared to analyst estimates of $51.09 million. WisdomTree Investments had a net margin of 18.03% and a return on equity of 20.75%. The firm’s quarterly revenue was down 35.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.17 earnings per share. Equities research analysts forecast that WisdomTree Investments will post $0.23 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 23rd. Stockholders of record on Wednesday, November 9th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 2.89%. The ex-dividend date was Monday, November 7th. WisdomTree Investments’s dividend payout ratio (DPR) is presently 96.97%.

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In other WisdomTree Investments news, CEO Jonathan L. Steinberg purchased 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 14th. The shares were bought at an average price of $10.23 per share, with a total value of $1,023,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 16.10% of the stock is currently owned by insiders.

A number of large investors have recently added to or reduced their stakes in WETF. Jackson Square Partners LLC increased its stake in WisdomTree Investments by 141.3% in the second quarter. Jackson Square Partners LLC now owns 4,975,229 shares of the company’s stock worth $48,707,000 after buying an additional 2,913,362 shares during the last quarter. Capital World Investors increased its stake in WisdomTree Investments by 109.9% in the second quarter. Capital World Investors now owns 3,400,000 shares of the company’s stock worth $33,286,000 after buying an additional 1,780,000 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in WisdomTree Investments by 417.9% in the third quarter. Price T Rowe Associates Inc. MD now owns 2,044,050 shares of the company’s stock worth $21,033,000 after buying an additional 1,649,350 shares during the last quarter. Macquarie Group Ltd. increased its stake in WisdomTree Investments by 98.8% in the second quarter. Macquarie Group Ltd. now owns 3,074,614 shares of the company’s stock worth $30,100,000 after buying an additional 1,528,032 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in WisdomTree Investments by 627.7% in the second quarter. American Century Companies Inc. now owns 1,175,525 shares of the company’s stock worth $11,508,000 after buying an additional 1,013,980 shares during the last quarter. 95.68% of the stock is currently owned by institutional investors.

About WisdomTree Investments

WisdomTree Investments, Inc is an asset management company that focuses on exchange-traded funds (ETFs). The Company’s family of ETFs includes fundamentally weighted funds that track its own indexes, funds that track third party indexes and actively managed funds. The Company operates through exchange traded products (ETP) sponsor and asset manager providing investment advisory services segment.

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