LPL Financial LLC Buys Shares of 12,601 WisdomTree, Inc. (NYSE:WT)

LPL Financial LLC acquired a new stake in shares of WisdomTree, Inc. (NYSE:WT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,601 shares of the company’s stock, valued at approximately $132,000.

A number of other large investors also recently bought and sold shares of the business. Barclays PLC increased its holdings in shares of WisdomTree by 201.3% in the 3rd quarter. Barclays PLC now owns 268,668 shares of the company’s stock valued at $2,684,000 after acquiring an additional 179,493 shares during the period. Franklin Resources Inc. bought a new stake in WisdomTree during the third quarter valued at about $888,000. Principal Financial Group Inc. raised its holdings in WisdomTree by 26.9% in the third quarter. Principal Financial Group Inc. now owns 708,842 shares of the company’s stock worth $7,081,000 after purchasing an additional 150,257 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of WisdomTree by 2.6% during the fourth quarter. Nordea Investment Management AB now owns 391,208 shares of the company’s stock valued at $4,100,000 after buying an additional 9,912 shares during the last quarter. Finally, Cooper Financial Group bought a new stake in shares of WisdomTree in the 4th quarter valued at about $111,000. Institutional investors own 78.64% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on WT shares. Northcoast Research lowered shares of WisdomTree from a “buy” rating to a “neutral” rating in a research note on Thursday, January 2nd. Keefe, Bruyette & Woods lowered their price objective on WisdomTree from $12.00 to $10.50 and set a “market perform” rating for the company in a research report on Tuesday, January 14th. Finally, The Goldman Sachs Group reduced their target price on WisdomTree from $9.75 to $8.50 and set a “sell” rating on the stock in a research report on Monday, April 14th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $12.42.

Insiders Place Their Bets

In other WisdomTree news, insider Alexis Marinof sold 90,980 shares of WisdomTree stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $9.87, for a total transaction of $897,972.60. Following the completion of the transaction, the insider now owns 221,146 shares in the company, valued at approximately $2,182,711.02. This trade represents a 29.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 7.80% of the stock is currently owned by insiders.

WisdomTree Trading Down 0.7 %

NYSE:WT opened at $8.71 on Thursday. The company has a market capitalization of $1.28 billion, a P/E ratio of 28.10 and a beta of 1.26. The company has a current ratio of 2.92, a quick ratio of 2.13 and a debt-to-equity ratio of 1.28. WisdomTree, Inc. has a 12 month low of $7.47 and a 12 month high of $12.45. The firm has a fifty day simple moving average of $8.60 and a 200-day simple moving average of $9.83.

WisdomTree (NYSE:WT) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.02). WisdomTree had a return on equity of 24.67% and a net margin of 15.59%. On average, equities research analysts anticipate that WisdomTree, Inc. will post 0.72 earnings per share for the current year.

WisdomTree Announces Dividend

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

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.