WisdomTree Investments, Inc. (WETF) Holdings Boosted by Alpine Woods Capital Investors LLC

Alpine Woods Capital Investors LLC boosted its holdings in shares of WisdomTree Investments, Inc. (NASDAQ:WETF) by 16.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 122,000 shares of the asset manager’s stock after buying an additional 17,000 shares during the quarter. Alpine Woods Capital Investors LLC owned approximately 0.09% of WisdomTree Investments worth $1,242,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Bank of Montreal Can increased its position in WisdomTree Investments by 0.7% during the second quarter. Bank of Montreal Can now owns 50,078 shares of the asset manager’s stock worth $508,000 after buying an additional 356 shares during the last quarter. PNC Financial Services Group Inc. increased its position in WisdomTree Investments by 3.5% during the second quarter. PNC Financial Services Group Inc. now owns 19,688 shares of the asset manager’s stock worth $201,000 after buying an additional 668 shares during the last quarter. Texas Permanent School Fund increased its position in WisdomTree Investments by 0.8% during the second quarter. Texas Permanent School Fund now owns 83,782 shares of the asset manager’s stock worth $852,000 after buying an additional 692 shares during the last quarter. Tudor Investment Corp ET AL increased its position in WisdomTree Investments by 5.4% during the second quarter. Tudor Investment Corp ET AL now owns 14,289 shares of the asset manager’s stock worth $145,000 after buying an additional 726 shares during the last quarter. Finally, Amalgamated Bank increased its position in WisdomTree Investments by 5.0% during the second quarter. Amalgamated Bank now owns 15,966 shares of the asset manager’s stock worth $162,000 after buying an additional 760 shares during the last quarter. 92.34% of the stock is currently owned by hedge funds and other institutional investors.

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A number of brokerages have weighed in on WETF. UBS AG boosted their price target on WisdomTree Investments from $8.00 to $8.50 and gave the stock a “sell” rating in a research report on Tuesday, November 14th. Keefe, Bruyette & Woods raised WisdomTree Investments from an “underperform” rating to a “mkt perform” rating in a research report on Tuesday, November 14th. Zacks Investment Research downgraded WisdomTree Investments from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st. Citigroup Inc. reissued a “buy” rating and set a $15.00 price target on shares of WisdomTree Investments in a research report on Monday, October 30th. Finally, Northland Securities reissued a “hold” rating and set a $12.00 price target on shares of WisdomTree Investments in a research report on Sunday, October 29th. Five investment analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $11.28.

WisdomTree Investments, Inc. (NASDAQ WETF) traded up $0.18 during trading on Wednesday, hitting $11.27. The stock had a trading volume of 1,923,300 shares, compared to its average volume of 2,066,595. WisdomTree Investments, Inc. has a 52 week low of $7.87 and a 52 week high of $13.32. The firm has a market capitalization of $1,518.35, a P/E ratio of 48.22, a price-to-earnings-growth ratio of 2.62 and a beta of 3.18.

WisdomTree Investments (NASDAQ:WETF) last posted its earnings results on Friday, October 27th. The asset manager reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. WisdomTree Investments had a return on equity of 15.47% and a net margin of 12.98%. The company had revenue of $57.99 million for the quarter, compared to the consensus estimate of $57.89 million. During the same quarter in the prior year, the business earned $0.06 earnings per share. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. equities analysts anticipate that WisdomTree Investments, Inc. will post 0.25 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Wednesday, November 8th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 2.84%. The ex-dividend date is Tuesday, November 7th. WisdomTree Investments’s payout ratio is 145.46%.

About WisdomTree Investments

WisdomTree Investments, Inc is an asset management company that focuses on exchange-traded funds (ETFs). The Company’s family of ETFs includes funds that track its own indexes, funds that track third party indexes and actively managed funds. It operates as an exchange traded products sponsor and asset manager providing investment advisory services in the United States, Europe, Canada and Japan.

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Institutional Ownership by Quarter for WisdomTree Investments (NASDAQ:WETF)

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