Aigen Investment Management LP Decreases Stock Holdings in WisdomTree, Inc. (NYSE:WT)

Aigen Investment Management LP trimmed its holdings in WisdomTree, Inc. (NYSE:WT) by 43.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,402 shares of the company’s stock after selling 24,758 shares during the quarter. Aigen Investment Management LP’s holdings in WisdomTree were worth $340,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Smartleaf Asset Management LLC raised its position in shares of WisdomTree by 173.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,793 shares of the company’s stock valued at $39,000 after buying an additional 2,405 shares during the period. Stonebridge Financial Group LLC purchased a new stake in shares of WisdomTree during the 4th quarter valued at approximately $60,000. KBC Group NV raised its position in shares of WisdomTree by 48.4% during the 4th quarter. KBC Group NV now owns 7,792 shares of the company’s stock valued at $82,000 after buying an additional 2,540 shares during the period. Cooper Financial Group purchased a new stake in shares of WisdomTree during the 4th quarter valued at approximately $111,000. Finally, Versor Investments LP purchased a new stake in shares of WisdomTree during the 3rd quarter valued at approximately $134,000. 78.64% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Keefe, Bruyette & Woods reduced their price target on shares of WisdomTree from $12.00 to $10.50 and set a “market perform” rating on the stock in a research report on Tuesday, January 14th. Northcoast Research lowered WisdomTree from a “buy” rating to a “neutral” rating in a research report on Thursday, January 2nd. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $12.54.

WisdomTree Stock Up 0.5 %

Shares of NYSE WT opened at $8.69 on Friday. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 28.02 and a beta of 1.53. The company has a quick ratio of 2.13, a current ratio of 2.92 and a debt-to-equity ratio of 1.28. WisdomTree, Inc. has a 52-week low of $7.96 and a 52-week high of $12.45. The business’s 50 day moving average is $9.59 and its two-hundred day moving average is $10.21.

WisdomTree (NYSE:WT) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.02). WisdomTree had a return on equity of 24.67% and a net margin of 15.59%. Research analysts predict that WisdomTree, Inc. will post 0.72 EPS for the current year.

WisdomTree Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were paid a $0.03 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $0.12 annualized dividend and a dividend yield of 1.38%. WisdomTree’s dividend payout ratio (DPR) is 38.71%.

Insiders Place Their Bets

In other WisdomTree news, insider Alexis Marinof sold 90,980 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $9.87, for a total value of $897,972.60. Following the completion of the transaction, the insider now owns 221,146 shares in the company, valued at $2,182,711.02. The trade was a 29.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 7.80% of the company’s stock.

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.