WisdomTree, Inc. (NYSE:WT) Shares Bought by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky grew its holdings in WisdomTree, Inc. (NYSE:WT) by 589.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 249,249 shares of the company’s stock after acquiring an additional 213,086 shares during the period. Teachers Retirement System of The State of Kentucky owned about 0.17% of WisdomTree worth $2,491,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Victory Capital Management Inc. lifted its stake in WisdomTree by 21.3% in the third quarter. Victory Capital Management Inc. now owns 2,332,762 shares of the company’s stock worth $23,304,000 after acquiring an additional 410,348 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of WisdomTree by 588.2% in the 2nd quarter. SG Americas Securities LLC now owns 73,295 shares of the company’s stock valued at $726,000 after purchasing an additional 62,644 shares in the last quarter. Dynamic Technology Lab Private Ltd lifted its position in shares of WisdomTree by 180.4% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 115,289 shares of the company’s stock worth $1,152,000 after purchasing an additional 74,173 shares during the last quarter. Crawford Fund Management LLC grew its stake in shares of WisdomTree by 34.0% during the third quarter. Crawford Fund Management LLC now owns 499,874 shares of the company’s stock worth $4,994,000 after purchasing an additional 126,700 shares in the last quarter. Finally, Quantbot Technologies LP grew its stake in shares of WisdomTree by 586.0% during the third quarter. Quantbot Technologies LP now owns 250,017 shares of the company’s stock worth $2,498,000 after purchasing an additional 213,571 shares in the last quarter. Hedge funds and other institutional investors own 78.64% of the company’s stock.

Analyst Ratings Changes

WT has been the subject of a number of recent analyst reports. Northcoast Research downgraded WisdomTree from a “strong-buy” rating to a “hold” rating in a report on Sunday, September 15th. UBS Group raised their target price on WisdomTree from $12.00 to $14.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $12.25.

Insiders Place Their Bets

In related news, CEO Jonathan L. Steinberg purchased 67,869 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was acquired at an average price of $10.84 per share, for a total transaction of $735,699.96. Following the completion of the purchase, the chief executive officer now directly owns 9,240,707 shares of the company’s stock, valued at $100,169,263.88. This trade represents a 0.74 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Etfs Capital Limited. sold 3,000,000 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $11.34, for a total transaction of $34,020,000.00. Following the transaction, the insider now owns 12,250,000 shares of the company’s stock, valued at approximately $138,915,000. The trade was a 19.67 % decrease in their position. The disclosure for this sale can be found here. 7.80% of the stock is currently owned by corporate insiders.

WisdomTree Stock Performance

Shares of WT stock opened at $11.39 on Monday. The stock’s 50-day moving average is $10.95 and its two-hundred day moving average is $10.37. The company has a debt-to-equity ratio of 1.36, a quick ratio of 2.16 and a current ratio of 2.88. WisdomTree, Inc. has a 1 year low of $6.24 and a 1 year high of $12.45. The firm has a market cap of $1.66 billion, a price-to-earnings ratio of 39.28 and a beta of 1.46.

WisdomTree Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were paid a dividend of $0.03 per share. The ex-dividend date was Wednesday, November 6th. This represents a $0.12 dividend on an annualized basis and a yield of 1.05%. WisdomTree’s dividend payout ratio is presently 41.38%.

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.