WisdomTree, Inc. $WT Shares Acquired by Caxton Associates LLP

Caxton Associates LLP increased its position in WisdomTree, Inc. (NYSE:WT) by 199.1% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 224,042 shares of the company’s stock after purchasing an additional 149,145 shares during the period. Caxton Associates LLP’s holdings in WisdomTree were worth $3,262,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WT. Team Financial Group LLC bought a new position in WisdomTree in the 1st quarter worth about $29,000. Caitong International Asset Management Co. Ltd increased its stake in shares of WisdomTree by 163.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,454 shares of the company’s stock valued at $30,000 after purchasing an additional 1,521 shares during the period. Quarry LP raised its holdings in shares of WisdomTree by 1,679.0% during the third quarter. Quarry LP now owns 2,206 shares of the company’s stock valued at $31,000 after buying an additional 2,082 shares during the last quarter. Quattro Advisors LLC acquired a new position in shares of WisdomTree during the fourth quarter worth approximately $31,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in WisdomTree in the 4th quarter valued at approximately $36,000. 78.64% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on WT shares. Wall Street Zen downgraded WisdomTree from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Northland Securities set a $22.00 target price on WisdomTree in a report on Tuesday, June 2nd. Zacks Research upgraded WisdomTree from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $16.80 price target on shares of WisdomTree in a research note on Tuesday, May 5th. Finally, Raymond James Financial began coverage on WisdomTree in a research note on Tuesday, April 21st. They issued an “outperform” rating and a $20.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $20.06.

WisdomTree Stock Performance

Shares of NYSE WT opened at $19.42 on Friday. The company has a debt-to-equity ratio of 2.37, a quick ratio of 4.18 and a current ratio of 4.57. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 47.37 and a beta of 1.18. The business’s 50-day simple moving average is $18.66 and its 200-day simple moving average is $16.96. WisdomTree, Inc. has a 52 week low of $10.69 and a 52 week high of $21.23.

WisdomTree (NYSE:WT) last announced its earnings results on Friday, May 1st. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.25 by $0.02. WisdomTree had a return on equity of 33.31% and a net margin of 11.26%.The business had revenue of $159.50 million for the quarter, compared to the consensus estimate of $156.96 million. During the same period in the previous year, the business earned $0.16 EPS. WisdomTree’s revenue was up 47.5% compared to the same quarter last year. As a group, equities research analysts expect that WisdomTree, Inc. will post 1.14 earnings per share for the current fiscal year.

WisdomTree Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th were issued a dividend of $0.03 per share. The ex-dividend date was Wednesday, May 13th. This represents a $0.12 dividend on an annualized basis and a yield of 0.6%. WisdomTree’s dividend payout ratio (DPR) is 29.27%.

Insider Transactions at WisdomTree

In other news, COO R Jarrett Lilien sold 30,000 shares of WisdomTree stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $18.99, for a total value of $569,700.00. Following the completion of the sale, the chief operating officer directly owned 1,110,245 shares in the company, valued at approximately $21,083,552.55. The trade was a 2.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider David M. Yates sold 15,000 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $18.06, for a total value of $270,900.00. Following the sale, the insider directly owned 157,499 shares in the company, valued at $2,844,431.94. This represents a 8.70% decrease in their position. The SEC filing for this sale provides additional information. 10.10% of the stock is currently owned by company insiders.

About WisdomTree

WisdomTree Investments, Inc (NYSE: WT) is a U.S.-based asset management firm specializing in exchange-traded funds (ETFs) and exchange-traded products (ETPs). Founded in 2006 by Jonathan Steinberg and headquartered in New York City, WisdomTree has developed a reputation for pioneering smart-beta and fundamentally weighted indexing approaches. The company designs strategies that seek to enhance returns and reduce volatility by weighting constituents based on dividends, earnings or other financial metrics rather than relying solely on market capitalization.

WisdomTree offers a broad suite of investment products covering equities, fixed income, currencies, commodities and digital assets.