WisdomTree, Inc. (NYSE:WT) Shares Sold by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC decreased its position in shares of WisdomTree, Inc. (NYSE:WT) by 3.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 175,681 shares of the company’s stock after selling 5,458 shares during the period. WisdomTree accounts for approximately 0.6% of Jackson Creek Investment Advisors LLC’s portfolio, making the stock its 25th largest holding. Jackson Creek Investment Advisors LLC owned approximately 0.12% of WisdomTree worth $1,845,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. FMR LLC grew its holdings in WisdomTree by 390.7% in the 3rd quarter. FMR LLC now owns 2,859,073 shares of the company’s stock valued at $28,562,000 after buying an additional 2,276,452 shares during the period. Azora Capital LP boosted its position in shares of WisdomTree by 12.1% in the third quarter. Azora Capital LP now owns 10,609,577 shares of the company’s stock worth $105,990,000 after acquiring an additional 1,142,151 shares during the last quarter. Victory Capital Management Inc. grew its holdings in WisdomTree by 21.3% in the third quarter. Victory Capital Management Inc. now owns 2,332,762 shares of the company’s stock valued at $23,304,000 after purchasing an additional 410,348 shares during the period. Raymond James Financial Inc. acquired a new position in WisdomTree during the fourth quarter worth approximately $4,262,000. Finally, State Street Corp raised its stake in WisdomTree by 7.6% during the third quarter. State Street Corp now owns 5,678,905 shares of the company’s stock worth $56,732,000 after purchasing an additional 399,839 shares during the period. Institutional investors and hedge funds own 78.64% of the company’s stock.

WisdomTree Stock Performance

Shares of WT stock opened at $8.63 on Friday. The company has a current ratio of 2.92, a quick ratio of 2.13 and a debt-to-equity ratio of 1.28. The company has a market cap of $1.27 billion, a PE ratio of 27.82 and a beta of 1.53. The company’s fifty day simple moving average is $9.67 and its 200-day simple moving average is $10.23. WisdomTree, Inc. has a 52 week low of $7.96 and a 52 week high of $12.45.

WisdomTree (NYSE:WT) last released its quarterly earnings data on Friday, January 31st. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.02). WisdomTree had a net margin of 15.59% and a return on equity of 24.67%. As a group, equities research analysts anticipate that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 1.39%. The ex-dividend date of this dividend was Wednesday, February 12th. WisdomTree’s dividend payout ratio (DPR) is presently 38.71%.

Wall Street Analysts Forecast Growth

WT has been the subject of several research reports. Keefe, Bruyette & Woods lowered their price objective on shares of WisdomTree from $12.00 to $10.50 and set a “market perform” rating for the company in a research note on Tuesday, January 14th. Northcoast Research cut WisdomTree from a “buy” rating to a “neutral” rating in a report on Thursday, January 2nd. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $12.54.

Insider Buying and Selling

In related news, insider Alexis Marinof sold 90,980 shares of WisdomTree stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $9.87, for a total transaction of $897,972.60. Following the sale, the insider now owns 221,146 shares of the company’s stock, valued at $2,182,711.02. The trade was a 29.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 7.80% of the stock is currently owned by corporate insiders.

About WisdomTree

WisdomTree, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.