Quantbot Technologies LP Raises Holdings in WisdomTree, Inc. $WT

Quantbot Technologies LP grew its holdings in WisdomTree, Inc. (NYSE:WT) by 86.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 191,047 shares of the company’s stock after buying an additional 88,421 shares during the quarter. Quantbot Technologies LP owned about 0.13% of WisdomTree worth $2,656,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of WT. Oregon Public Employees Retirement Fund raised its position in WisdomTree by 3.4% in the third quarter. Oregon Public Employees Retirement Fund now owns 27,056 shares of the company’s stock worth $376,000 after acquiring an additional 900 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of WisdomTree by 4.2% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 22,957 shares of the company’s stock worth $264,000 after purchasing an additional 927 shares in the last quarter. Personal CFO Solutions LLC grew its stake in shares of WisdomTree by 7.9% during the 2nd quarter. Personal CFO Solutions LLC now owns 13,422 shares of the company’s stock worth $154,000 after purchasing an additional 986 shares during the period. Vanguard Personalized Indexing Management LLC increased its holdings in shares of WisdomTree by 9.6% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 12,220 shares of the company’s stock valued at $170,000 after purchasing an additional 1,068 shares in the last quarter. Finally, Louisiana State Employees Retirement System increased its holdings in shares of WisdomTree by 2.2% in the 3rd quarter. Louisiana State Employees Retirement System now owns 55,300 shares of the company’s stock valued at $769,000 after purchasing an additional 1,200 shares in the last quarter. 78.64% of the stock is currently owned by hedge funds and other institutional investors.

WisdomTree Stock Down 2.8%

WT stock opened at $17.03 on Wednesday. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.75 and a quick ratio of 1.37. The company’s 50 day simple moving average is $15.21 and its 200-day simple moving average is $13.54. WisdomTree, Inc. has a 12 month low of $7.47 and a 12 month high of $17.66. The firm has a market capitalization of $2.41 billion, a PE ratio of 22.71 and a beta of 1.09.

WisdomTree (NYSE:WT) last posted its earnings results on Friday, January 30th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.06. The firm had revenue of $147.43 million for the quarter, compared to analyst estimates of $142.78 million. WisdomTree had a return on equity of 30.24% and a net margin of 22.10%.WisdomTree’s revenue was up 33.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.17 EPS. Equities 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. Investors 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 dividend on an annualized basis and a dividend yield of 0.7%. WisdomTree’s dividend payout ratio (DPR) is presently 16.00%.

Wall Street Analyst Weigh In

WT has been the topic of a number of research analyst reports. Oppenheimer boosted their price objective on shares of WisdomTree from $17.00 to $21.00 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. The Goldman Sachs Group lifted their price target on shares of WisdomTree from $14.00 to $15.50 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Northland Securities set a $20.00 price target on WisdomTree in a research note on Monday, February 2nd. Weiss Ratings restated a “buy (b-)” rating on shares of WisdomTree in a report on Wednesday, January 21st. Finally, Wall Street Zen raised WisdomTree from a “hold” rating to a “buy” rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, WisdomTree has an average rating of “Moderate Buy” and a consensus target price of $17.65.

Insider Buying and Selling

In related news, COO R Jarrett Lilien sold 30,000 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $16.84, for a total value of $505,200.00. Following the completion of the transaction, the chief operating officer owned 1,140,245 shares of the company’s stock, valued at approximately $19,201,725.80. The trade was a 2.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 9.30% of the company’s stock.

WisdomTree Company 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.