Janus Henderson Group PLC Sells 105,234 Shares of WisdomTree, Inc. (NYSE:WT)

Janus Henderson Group PLC reduced its holdings in shares of WisdomTree, Inc. (NYSE:WT) by 5.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,921,003 shares of the company’s stock after selling 105,234 shares during the quarter. Janus Henderson Group PLC owned 1.31% of WisdomTree worth $20,171,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Northern Trust Corp raised its position in WisdomTree by 1.1% in the fourth quarter. Northern Trust Corp now owns 1,440,197 shares of the company’s stock valued at $15,122,000 after purchasing an additional 15,489 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of WisdomTree by 10.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,310,899 shares of the company’s stock valued at $13,764,000 after purchasing an additional 119,762 shares in the last quarter. ExodusPoint Capital Management LP boosted its stake in shares of WisdomTree by 127.2% during the fourth quarter. ExodusPoint Capital Management LP now owns 1,162,993 shares of the company’s stock valued at $12,211,000 after purchasing an additional 651,121 shares in the last quarter. Cubist Systematic Strategies LLC boosted its stake in shares of WisdomTree by 59.0% during the fourth quarter. Cubist Systematic Strategies LLC now owns 987,187 shares of the company’s stock valued at $10,365,000 after purchasing an additional 366,303 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of WisdomTree by 40.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 916,657 shares of the company’s stock valued at $9,625,000 after purchasing an additional 265,687 shares in the last quarter. 78.64% of the stock is currently owned by institutional investors.

WisdomTree Price Performance

Shares of WT opened at $9.55 on Friday. WisdomTree, Inc. has a 1 year low of $7.47 and a 1 year high of $12.45. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.92 and a quick ratio of 2.13. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 30.81 and a beta of 1.07. The business has a 50-day moving average of $8.69 and a 200-day moving average of $9.75.

WisdomTree (NYSE:WT) last issued its quarterly earnings data on Friday, May 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.16. WisdomTree had a return on equity of 24.67% and a net margin of 15.59%. The company had revenue of $108.08 million during the quarter, compared to the consensus estimate of $108.47 million. During the same period last year, the company earned $0.12 earnings per share. The firm’s revenue was up 11.7% compared to the same quarter last year. As a group, equities research analysts anticipate that WisdomTree, Inc. will post 0.72 earnings per share for the current year.

WisdomTree Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be given a dividend of $0.03 per share. The ex-dividend date is Wednesday, May 14th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.26%. WisdomTree’s dividend payout ratio (DPR) is 34.29%.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut their price target on WisdomTree from $9.75 to $8.50 and set a “sell” rating on the stock in a research note on Monday, April 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $12.42.

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.