Rothschild Investment LLC Has $3.10 Million Stock Holdings in WisdomTree, Inc. $WT

Rothschild Investment LLC lessened its position in WisdomTree, Inc. (NYSE:WT) by 1.9% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 268,988 shares of the company’s stock after selling 5,170 shares during the period. Rothschild Investment LLC owned approximately 0.18% of WisdomTree worth $3,096,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Teacher Retirement System of Texas acquired a new position in WisdomTree during the first quarter worth $152,000. Envestnet Asset Management Inc. raised its holdings in shares of WisdomTree by 39.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 808,352 shares of the company’s stock worth $7,210,000 after acquiring an additional 227,626 shares during the last quarter. Foundry Partners LLC lifted its position in WisdomTree by 993.4% in the 1st quarter. Foundry Partners LLC now owns 438,947 shares of the company’s stock valued at $3,915,000 after acquiring an additional 398,801 shares in the last quarter. Teachers Retirement System of The State of Kentucky boosted its stake in WisdomTree by 5.9% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 245,716 shares of the company’s stock valued at $2,191,000 after purchasing an additional 13,650 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in WisdomTree during the 1st quarter worth approximately $197,000. 78.64% of the stock is currently owned by institutional investors.

WisdomTree Trading Down 2.3%

Shares of WisdomTree stock opened at $11.24 on Monday. The firm has a market cap of $1.58 billion, a PE ratio of 28.81 and a beta of 1.17. WisdomTree, Inc. has a 1 year low of $7.47 and a 1 year high of $14.95. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.44 and a quick ratio of 1.04. The stock has a fifty day moving average price of $13.05 and a 200-day moving average price of $12.10.

WisdomTree (NYSE:WT) last issued its quarterly earnings results on Friday, October 31st. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. WisdomTree had a net margin of 16.25% and a return on equity of 25.17%. The company had revenue of $125.62 million for the quarter, compared to the consensus estimate of $122.00 million. During the same period in the previous year, the firm earned $0.18 EPS. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. Equities research analysts anticipate that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 12th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, November 12th. WisdomTree’s dividend payout ratio is currently 18.46%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on WT shares. Morgan Stanley increased their price objective on WisdomTree from $12.50 to $13.50 and gave the stock an “equal weight” rating in a research note on Monday, October 6th. Craig Hallum reissued a “buy” rating on shares of WisdomTree in a research report on Monday, August 4th. Northland Securities set a $16.00 target price on shares of WisdomTree in a research note on Wednesday, September 3rd. Oppenheimer increased their target price on shares of WisdomTree from $12.00 to $15.00 and gave the company an “outperform” rating in a report on Tuesday, July 22nd. Finally, Weiss Ratings raised shares of WisdomTree from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, WisdomTree has an average rating of “Moderate Buy” and an average target price of $14.08.

Insider Activity

In related news, COO R Jarrett Lilien sold 25,000 shares of WisdomTree stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $11.77, for a total value of $294,250.00. Following the sale, the chief operating officer owned 1,011,138 shares of the company’s stock, valued at approximately $11,901,094.26. The trade was a 2.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 9.30% of the stock is currently owned by 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.