WisdomTree, Inc. (NYSE:WT) Shares Bought by Level Four Advisory Services LLC

Level Four Advisory Services LLC boosted its stake in WisdomTree, Inc. (NYSE:WT) by 30.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,807 shares of the company’s stock after buying an additional 23,095 shares during the period. Level Four Advisory Services LLC’s holdings in WisdomTree were worth $1,037,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Intech Investment Management LLC bought a new position in shares of WisdomTree in the third quarter valued at approximately $345,000. Charles Schwab Investment Management Inc. lifted its position in WisdomTree by 6.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,191,137 shares of the company’s stock worth $11,899,000 after purchasing an additional 72,376 shares during the period. FMR LLC boosted its stake in WisdomTree by 390.7% during the 3rd quarter. FMR LLC now owns 2,859,073 shares of the company’s stock valued at $28,562,000 after purchasing an additional 2,276,452 shares in the last quarter. Public Sector Pension Investment Board increased its position in shares of WisdomTree by 2.8% during the 3rd quarter. Public Sector Pension Investment Board now owns 252,568 shares of the company’s stock valued at $2,523,000 after purchasing an additional 6,900 shares during the period. Finally, Verition Fund Management LLC raised its stake in shares of WisdomTree by 243.3% in the 3rd quarter. Verition Fund Management LLC now owns 42,552 shares of the company’s stock worth $425,000 after buying an additional 30,158 shares in the last quarter. Institutional investors and hedge funds own 78.64% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Keefe, Bruyette & Woods decreased their target price on WisdomTree from $12.00 to $10.50 and set a “market perform” rating for the company in a research note on Tuesday, January 14th. Northcoast Research lowered shares of 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 given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $12.54.

Insider Activity at WisdomTree

In related news, insider Alexis Marinof sold 90,980 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $9.87, for a total transaction of $897,972.60. Following the transaction, the insider now directly owns 221,146 shares of the company’s stock, valued at approximately $2,182,711.02. The trade was a 29.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 7.80% of the stock is owned by insiders.

WisdomTree Stock Performance

Shares of NYSE WT opened at $8.97 on Friday. The stock’s fifty day simple moving average is $9.26 and its 200 day simple moving average is $10.09. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 28.92 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.

WisdomTree (NYSE:WT) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.17 earnings per share 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%. As a group, sell-side analysts forecast that WisdomTree, Inc. will post 0.72 earnings per share for the current fiscal year.

WisdomTree Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were issued a dividend of $0.03 per share. The ex-dividend date was Wednesday, February 12th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.34%. WisdomTree’s dividend payout ratio is currently 38.71%.

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.