WisdomTree Investments (NASDAQ:WETF) was upgraded by BidaskClub from a “buy” rating to a “strong-buy” rating in a report released on Wednesday.

A number of other analysts have also recently commented on the company. UBS upped their price objective on WisdomTree Investments from $8.00 to $8.50 and gave the company a “sell” rating in a research report on Tuesday, November 14th. Keefe, Bruyette & Woods upgraded WisdomTree Investments from an “underperform” rating to a “mkt perform” rating in a research report on Tuesday, November 14th. Zacks Investment Research cut WisdomTree Investments from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st. Citigroup restated a “buy” rating and issued a $15.00 price target on shares of WisdomTree Investments in a research report on Monday, October 30th. Finally, Northland Securities restated a “hold” rating and issued a $12.00 price target on shares of WisdomTree Investments in a research report on Sunday, October 29th. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. WisdomTree Investments currently has an average rating of “Hold” and a consensus price target of $11.28.

WisdomTree Investments (WETF) traded up $0.06 during trading on Wednesday, reaching $11.69. The company had a trading volume of 1,308,200 shares, compared to its average volume of 2,053,879. The stock has a market capitalization of $1,600.00, a PE ratio of 50.56, a PEG ratio of 2.74 and a beta of 3.16. WisdomTree Investments has a 12 month low of $7.87 and a 12 month high of $13.32.

WisdomTree Investments (NASDAQ:WETF) last posted its quarterly earnings data on Friday, October 27th. The asset manager reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. The company had revenue of $57.99 million during the quarter, compared to analysts’ expectations of $57.89 million. WisdomTree Investments had a return on equity of 15.47% and a net margin of 12.98%. WisdomTree Investments’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.06 earnings per share. equities analysts predict that WisdomTree Investments will post 0.25 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Everence Capital Management Inc. bought a new position in shares of WisdomTree Investments in the third quarter worth about $103,000. Penserra Capital Management LLC bought a new position in shares of WisdomTree Investments in the second quarter worth about $107,000. 3D Asset Management Inc. bought a new position in shares of WisdomTree Investments in the third quarter worth about $112,000. Traynor Capital Management Inc. bought a new position in shares of WisdomTree Investments in the third quarter worth about $111,000. Finally, Shelton Capital Management bought a new position in shares of WisdomTree Investments in the second quarter worth about $116,000. 91.61% of the stock is owned by hedge funds and other institutional investors.

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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 funds that track its own indexes, funds that track third party indexes and actively managed funds. It operates as an exchange traded products sponsor and asset manager providing investment advisory services in the United States, Europe, Canada and Japan.

Analyst Recommendations for WisdomTree Investments (NASDAQ:WETF)

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