WisdomTree, Inc. $WT Stock Position Trimmed by Nordea Investment Management AB

Nordea Investment Management AB trimmed its position in shares of WisdomTree, Inc. (NYSE:WT) by 12.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 457,483 shares of the company’s stock after selling 66,531 shares during the period. Nordea Investment Management AB’s holdings in WisdomTree were worth $5,618,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of WT. Cooper Financial Group raised its holdings in shares of WisdomTree by 6.6% during the fourth quarter. Cooper Financial Group now owns 12,849 shares of the company’s stock valued at $157,000 after buying an additional 799 shares during the last quarter. Park Avenue Securities LLC grew its holdings in WisdomTree by 5.4% in the 4th quarter. Park Avenue Securities LLC now owns 51,760 shares of the company’s stock worth $631,000 after buying an additional 2,648 shares in the last quarter. Tudor Investment Corp ET AL grew its holdings in WisdomTree by 18.7% in the 3rd quarter. Tudor Investment Corp ET AL now owns 591,244 shares of the company’s stock worth $8,218,000 after buying an additional 93,094 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in WisdomTree in the 3rd quarter valued at approximately $178,000. Finally, CANADA LIFE ASSURANCE Co increased its position in WisdomTree by 9.3% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 141,259 shares of the company’s stock valued at $1,959,000 after acquiring an additional 11,962 shares during the period. Institutional investors own 78.64% of the company’s stock.

WisdomTree Stock Down 2.9%

NYSE WT opened at $14.57 on Friday. WisdomTree, Inc. has a 12 month low of $7.47 and a 12 month high of $17.68. The company has a market capitalization of $2.06 billion, a P/E ratio of 19.42 and a beta of 1.09. The company’s 50 day simple moving average is $15.97 and its 200 day simple moving average is $13.75. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.75 and a quick ratio of 1.37.

WisdomTree (NYSE:WT) last issued its earnings results on Friday, January 30th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.06. The firm had revenue of $147.43 million during the quarter, compared to analysts’ expectations of $142.78 million. WisdomTree had a net margin of 22.10% and a return on equity of 30.24%. The firm’s revenue for the quarter was up 33.2% compared to the same quarter last year. During the same period last year, the firm posted $0.17 earnings per share. Equities research analysts expect that WisdomTree, Inc. will post 0.72 earnings per share for the current fiscal year.

WisdomTree Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Wednesday, February 11th were paid 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 0.8%. WisdomTree’s dividend payout ratio (DPR) is currently 16.00%.

Insider Buying and Selling at WisdomTree

In related news, COO R Jarrett Lilien sold 30,000 shares of WisdomTree stock in a transaction 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 directly 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 legal filing with the SEC, which is available through this link. 9.30% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on WT shares. The Goldman Sachs Group boosted their price target on WisdomTree from $14.00 to $15.50 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Wall Street Zen lowered WisdomTree from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Weiss Ratings restated a “buy (b-)” rating on shares of WisdomTree in a research note on Wednesday, January 21st. Oppenheimer reduced their price objective on shares of WisdomTree from $21.00 to $20.00 and set an “outperform” rating for the company in a report on Thursday. Finally, Zacks Research upgraded shares of WisdomTree from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $17.45.

WisdomTree Profile

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.