Wisdom Tree Investments Inc (NASDAQ:WETF) Director Anthony Bossone acquired 50,000 shares of the stock in a transaction that occurred on Monday, February 4th. The shares were bought at an average cost of $5.92 per share, with a total value of $296,000.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Wisdom Tree Investments stock opened at $6.03 on Friday. The company has a market cap of $945.76 million, a price-to-earnings ratio of 18.84, a price-to-earnings-growth ratio of 2.33 and a beta of 1.66. Wisdom Tree Investments Inc has a 52-week low of $5.73 and a 52-week high of $11.82. The company has a current ratio of 1.84, a quick ratio of 1.77 and a debt-to-equity ratio of 0.52.

Wisdom Tree Investments (NASDAQ:WETF) last released its earnings results on Friday, February 1st. The asset manager reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.02). Wisdom Tree Investments had a return on equity of 16.32% and a net margin of 13.33%. The business had revenue of $67.90 million for the quarter, compared to analyst estimates of $68.18 million. During the same quarter last year, the company earned $0.04 earnings per share. Wisdom Tree Investments’s quarterly revenue was up 11.3% compared to the same quarter last year. Equities analysts expect that Wisdom Tree Investments Inc will post 0.26 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 27th. Stockholders of record on Wednesday, February 13th will be issued a $0.03 dividend. The ex-dividend date of this dividend is Tuesday, February 12th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.99%. Wisdom Tree Investments’s payout ratio is 37.50%.

Institutional investors and hedge funds have recently made changes to their positions in the company. Cubist Systematic Strategies LLC acquired a new stake in shares of Wisdom Tree Investments in the 2nd quarter valued at $230,000. McGuire Investment Group LLC acquired a new stake in shares of Wisdom Tree Investments in the 3rd quarter valued at $3,578,000. Standard Life Aberdeen plc raised its holdings in shares of Wisdom Tree Investments by 6.4% in the 3rd quarter. Standard Life Aberdeen plc now owns 4,545,279 shares of the asset manager’s stock valued at $38,567,000 after purchasing an additional 272,344 shares in the last quarter. MetLife Investment Advisors LLC raised its holdings in shares of Wisdom Tree Investments by 51.6% in the 3rd quarter. MetLife Investment Advisors LLC now owns 81,408 shares of the asset manager’s stock valued at $690,000 after purchasing an additional 27,720 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its holdings in shares of Wisdom Tree Investments by 14.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,860,960 shares of the asset manager’s stock valued at $15,781,000 after purchasing an additional 228,695 shares in the last quarter. Institutional investors and hedge funds own 71.04% of the company’s stock.

A number of equities analysts recently weighed in on WETF shares. Zacks Investment Research raised shares of Wisdom Tree Investments from a “sell” rating to a “hold” rating in a research report on Saturday, October 13th. Morgan Stanley set a $9.00 price objective on shares of Wisdom Tree Investments and gave the stock a “hold” rating in a research report on Wednesday, November 14th. Citigroup raised shares of Wisdom Tree Investments from a “sell” rating to a “neutral” rating and increased their price objective for the stock from $6.00 to $6.50 in a research report on Tuesday, December 18th. Credit Suisse Group reduced their target price on shares of Wisdom Tree Investments from $12.00 to $10.00 and set an “outperform” rating on the stock in a report on Monday, October 29th. Finally, ValuEngine lowered shares of Wisdom Tree Investments from a “sell” rating to a “strong sell” rating in a report on Monday. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $9.10.

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Wisdom Tree Investments Company Profile

WisdomTree Investments, 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.

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