26,466 Shares in WisdomTree, Inc. (NYSE:WT) Purchased by Centiva Capital LP

Centiva Capital LP purchased a new position in shares of WisdomTree, Inc. (NYSE:WT) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 26,466 shares of the company’s stock, valued at approximately $278,000.

Other large investors have also recently added to or reduced their stakes in the company. Bosun Asset Management LLC increased its holdings in WisdomTree by 12.2% in the fourth quarter. Bosun Asset Management LLC now owns 142,369 shares of the company’s stock valued at $1,495,000 after buying an additional 15,490 shares in the last quarter. Caxton Associates LP purchased a new position in WisdomTree in the fourth quarter valued at about $155,000. Balyasny Asset Management L.P. increased its holdings in WisdomTree by 2.7% in the fourth quarter. Balyasny Asset Management L.P. now owns 418,424 shares of the company’s stock valued at $4,393,000 after buying an additional 11,001 shares in the last quarter. Bayesian Capital Management LP purchased a new position in WisdomTree in the fourth quarter valued at about $171,000. Finally, Bank of America Corp DE increased its holdings in WisdomTree by 93.8% in the fourth quarter. Bank of America Corp DE now owns 313,859 shares of the company’s stock valued at $3,296,000 after buying an additional 151,926 shares in the last quarter. 78.64% of the stock is owned by hedge funds and other institutional investors.

WisdomTree Stock Up 0.8%

WT stock opened at $9.52 on Tuesday. WisdomTree, Inc. has a one year low of $7.47 and a one year high of $12.45. The stock has a market capitalization of $1.40 billion, a P/E ratio of 30.71 and a beta of 1.07. The company has a 50 day moving average price of $8.64 and a two-hundred day moving average price of $9.76. 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 (NYSE:WT) last released its earnings results on Friday, May 2nd. The company reported $0.16 EPS for the quarter, meeting the consensus estimate of $0.16. WisdomTree had a return on equity of 24.67% and a net margin of 15.59%. The firm had revenue of $108.08 million during the quarter, compared to analyst estimates of $108.47 million. During the same period in the prior year, the firm posted $0.12 earnings per share. The business’s quarterly revenue was up 11.7% compared to the same quarter last year. As a group, sell-side analysts expect that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date is Wednesday, May 14th. WisdomTree’s payout ratio is 34.29%.

Analysts Set New Price Targets

A number of research analysts have issued reports on WT shares. The Goldman Sachs Group dropped their target price on shares of WisdomTree from $9.75 to $8.50 and set a “sell” rating for the company in a report on Monday, April 14th. Keefe, Bruyette & Woods dropped their price objective 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. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, WisdomTree has an average rating of “Hold” and an average target price of $12.42.

WisdomTree 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.