Tudor Investment Corp ET AL Has $8.22 Million Position in WisdomTree, Inc. $WT

Tudor Investment Corp ET AL increased its stake in shares of WisdomTree, Inc. (NYSE:WT) by 18.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 591,244 shares of the company’s stock after acquiring an additional 93,094 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.42% of WisdomTree worth $8,218,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Nordea Investment Management AB grew its stake in shares of WisdomTree by 27.4% in the 3rd quarter. Nordea Investment Management AB now owns 524,014 shares of the company’s stock valued at $7,284,000 after buying an additional 112,542 shares during the period. Principal Financial Group Inc. boosted its holdings in WisdomTree by 48.6% in the third quarter. Principal Financial Group Inc. now owns 854,509 shares of the company’s stock worth $11,878,000 after acquiring an additional 279,296 shares in the last quarter. Public Sector Pension Investment Board grew its stake in WisdomTree by 18.8% in the third quarter. Public Sector Pension Investment Board now owns 469,086 shares of the company’s stock valued at $6,520,000 after acquiring an additional 74,070 shares during the period. Jupiter Asset Management Ltd. bought a new stake in shares of WisdomTree during the third quarter valued at approximately $1,248,000. Finally, Capitolis Liquid Global Markets LLC bought a new position in shares of WisdomTree in the 3rd quarter worth $24,125,000. 78.64% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on WT shares. Morgan Stanley set a $16.75 price target on shares of WisdomTree in a research report on Tuesday, February 10th. The Goldman Sachs Group upped their price objective on shares of WisdomTree from $14.00 to $15.50 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Zacks Research upgraded shares of WisdomTree from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 25th. Weiss Ratings reissued a “buy (b-)” rating on shares of WisdomTree in a research report on Wednesday, January 21st. Finally, Oppenheimer upped their target price on shares of WisdomTree from $17.00 to $21.00 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $17.65.

Insider Activity at WisdomTree

In other news, COO R Jarrett Lilien sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $16.84, for a total value of $505,200.00. Following the transaction, the chief operating officer owned 1,140,245 shares in the company, valued at $19,201,725.80. The trade was a 2.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 9.30% of the stock is currently owned by corporate insiders.

WisdomTree Price Performance

Shares of NYSE:WT opened at $13.54 on Tuesday. The company has a current ratio of 1.75, a quick ratio of 1.37 and a debt-to-equity ratio of 1.94. The stock has a market cap of $1.92 billion, a PE ratio of 18.05 and a beta of 1.09. The stock’s fifty day simple moving average is $15.93 and its two-hundred day simple moving average is $13.74. WisdomTree, Inc. has a 1-year low of $7.47 and a 1-year high of $17.68.

WisdomTree (NYSE:WT) last announced its earnings results on Friday, January 30th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.23 by $0.06. WisdomTree had a net margin of 22.10% and a return on equity of 30.24%. The company had revenue of $147.43 million during the quarter, compared to the consensus estimate of $142.78 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The firm’s revenue for the quarter was up 33.2% on a year-over-year basis. As a group, analysts forecast that WisdomTree, Inc. will post 0.72 EPS for the current fiscal year.

WisdomTree Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Wednesday, February 11th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Wednesday, February 11th. This represents a $0.12 annualized dividend and a dividend yield of 0.9%. WisdomTree’s dividend payout ratio (DPR) is currently 16.00%.

About WisdomTree

WisdomTree Investments, Inc (NYSE: WT) is a U.S.-based asset management firm specializing in exchange-traded funds (ETFs) and exchange-traded products (ETPs). Founded in 2006 by Jonathan Steinberg and headquartered in New York City, WisdomTree has developed a reputation for pioneering smart-beta and fundamentally weighted indexing approaches. The company designs strategies that seek to enhance returns and reduce volatility by weighting constituents based on dividends, earnings or other financial metrics rather than relying solely on market capitalization.

WisdomTree offers a broad suite of investment products covering equities, fixed income, currencies, commodities and digital assets.