14,659 Shares in WisdomTree, Inc. (NYSE:WT) Purchased by Sciencast Management LP

Sciencast Management LP purchased a new position in WisdomTree, Inc. (NYSE:WT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 14,659 shares of the company’s stock, valued at approximately $154,000.

Several other institutional investors have also added to or reduced their stakes in the company. Xponance Inc. bought a new stake in WisdomTree in the fourth quarter worth about $105,000. Cibc World Markets Corp bought a new stake in WisdomTree in the fourth quarter worth about $137,000. Envestnet Portfolio Solutions Inc. bought a new stake in WisdomTree in the fourth quarter worth about $172,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in WisdomTree in the fourth quarter worth about $2,932,000. Finally, AlphaQuest LLC lifted its stake in WisdomTree by 114.6% in the fourth quarter. AlphaQuest LLC now owns 80,865 shares of the company’s stock worth $849,000 after purchasing an additional 43,177 shares during the last quarter. Institutional investors own 78.64% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on WT shares. Northcoast Research downgraded shares of WisdomTree from a “buy” rating to a “neutral” rating in a research note on Thursday, January 2nd. Keefe, Bruyette & Woods decreased their price target 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. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, WisdomTree has a consensus rating of “Moderate Buy” and an average price target of $12.54.

WisdomTree Stock Performance

WisdomTree stock opened at $8.68 on Monday. The company has a market capitalization of $1.28 billion, a PE ratio of 27.98 and a beta of 1.53. The company has a 50 day moving average price of $9.30 and a 200-day moving average price of $10.11. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.13 and a current ratio of 2.92. WisdomTree, Inc. has a fifty-two week low of $7.96 and a fifty-two week high of $12.45.

WisdomTree (NYSE:WT) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.17 EPS 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%. As a group, equities analysts forecast that WisdomTree, Inc. will post 0.72 earnings per share for the current year.

WisdomTree Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date was Wednesday, February 12th. WisdomTree’s dividend payout ratio (DPR) is 38.71%.

Insider Buying and Selling

In other news, insider Alexis Marinof sold 90,980 shares of the company’s 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 transaction, the insider now directly owns 221,146 shares of the company’s stock, valued at approximately $2,182,711.02. This represents a 29.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 7.80% of the stock is currently owned by insiders.

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.