Caitlin John LLC Has $1.85 Million Holdings in WisdomTree, Inc. (NYSE:WT)

Caitlin John LLC increased its stake in shares of WisdomTree, Inc. (NYSE:WT) by 2.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 176,052 shares of the company’s stock after acquiring an additional 4,936 shares during the period. WisdomTree comprises about 1.2% of Caitlin John LLC’s portfolio, making the stock its 25th largest position. Caitlin John LLC’s holdings in WisdomTree were worth $1,849,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in WisdomTree by 76.8% during the 3rd quarter. GAMMA Investing LLC now owns 4,054 shares of the company’s stock worth $40,000 after acquiring an additional 1,761 shares during the last quarter. KBC Group NV boosted its holdings in WisdomTree by 48.4% during the fourth quarter. KBC Group NV now owns 7,792 shares of the company’s stock worth $82,000 after purchasing an additional 2,540 shares during the last quarter. Park Avenue Securities LLC acquired a new position in WisdomTree during the third quarter worth $105,000. Cooper Financial Group bought a new position in WisdomTree in the fourth quarter valued at $111,000. Finally, JGP Wealth Management LLC acquired a new stake in WisdomTree in the 3rd quarter valued at $118,000. 78.64% of the stock is owned by institutional investors.

Insider Activity

In other news, insider Alexis Marinof sold 90,980 shares of WisdomTree stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $9.87, for a total transaction of $897,972.60. Following the completion of the sale, the insider now owns 221,146 shares of the company’s stock, valued at approximately $2,182,711.02. This trade represents a 29.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jonathan L. Steinberg bought 67,869 shares of WisdomTree stock in a transaction dated Friday, November 8th. The stock was acquired at an average cost of $10.84 per share, with a total value of $735,699.96. Following the transaction, the chief executive officer now owns 9,240,707 shares of the company’s stock, valued at $100,169,263.88. This trade represents a 0.74 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold 3,190,980 shares of company stock valued at $36,060,973 over the last ninety days. 7.80% of the stock is currently owned by company insiders.

WisdomTree Trading Down 0.7 %

WisdomTree stock opened at $9.75 on Thursday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.13 and a current ratio of 2.92. The stock has a 50-day simple moving average of $10.42 and a 200 day simple moving average of $10.40. The stock has a market capitalization of $1.42 billion, a P/E ratio of 31.44 and a beta of 1.47. WisdomTree, Inc. has a 52 week low of $6.78 and a 52 week high of $12.45.

WisdomTree (NYSE:WT) last posted its earnings results on Friday, January 31st. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.02). WisdomTree had a return on equity of 24.67% and a net margin of 15.59%. Analysts expect that WisdomTree, Inc. will post 0.7 earnings per share for the current year.

WisdomTree Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be given a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend is Wednesday, February 12th. WisdomTree’s payout ratio is presently 38.71%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on WT shares. Keefe, Bruyette & Woods decreased their price objective on WisdomTree from $12.00 to $10.50 and set a “market perform” rating for the company in a report on Tuesday, January 14th. Northcoast Research downgraded WisdomTree from a “buy” rating to a “neutral” rating in a research note on Thursday, January 2nd. Finally, UBS Group upped their price objective on WisdomTree from $12.00 to $14.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $12.54.

WisdomTree Company Profile

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.