Deutsche Bank AG boosted its holdings in Wisdom Tree Investments Inc (NASDAQ:WETF) by 253.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,153,014 shares of the asset manager’s stock after buying an additional 826,947 shares during the quarter. Deutsche Bank AG owned 0.74% of Wisdom Tree Investments worth $7,666,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of WETF. Oregon Public Employees Retirement Fund bought a new stake in shares of Wisdom Tree Investments during the 4th quarter valued at about $294,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Wisdom Tree Investments by 62.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,320 shares of the asset manager’s stock valued at $69,000 after purchasing an additional 3,956 shares during the period. MetLife Investment Advisors LLC grew its stake in shares of Wisdom Tree Investments by 51.6% during 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 during the period. Royce & Associates LP grew its stake in shares of Wisdom Tree Investments by 77.8% during the 4th quarter. Royce & Associates LP now owns 208,000 shares of the asset manager’s stock valued at $1,383,000 after purchasing an additional 91,000 shares during the period. Finally, Standard Life Aberdeen plc grew its stake in shares of Wisdom Tree Investments by 6.4% during 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 during the period. 71.84% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ:WETF opened at $7.86 on Friday. The company has a market cap of $1.22 billion, a P/E ratio of 24.56, a P/E/G ratio of 2.83 and a beta of 1.66. The company has a quick ratio of 1.74, a current ratio of 1.88 and a debt-to-equity ratio of 0.54. Wisdom Tree Investments Inc has a 12-month low of $5.73 and a 12-month high of $11.82.

Wisdom Tree Investments (NASDAQ:WETF) last announced its quarterly earnings data 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). The company had revenue of $67.90 million for the quarter, compared to the consensus estimate of $68.18 million. Wisdom Tree Investments had a net margin of 13.33% and a return on equity of 15.70%. The company’s revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.04 earnings per share. On average, sell-side analysts expect that Wisdom Tree Investments Inc will post 0.26 earnings per share for the current year.

In related news, CEO Jonathan L. Steinberg acquired 85,000 shares of the business’s stock in a transaction that occurred on Monday, February 4th. The stock was bought at an average cost of $5.98 per share, for a total transaction of $508,300.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Peter M. Ziemba acquired 16,000 shares of the business’s stock in a transaction that occurred on Monday, February 4th. The shares were bought at an average price of $6.07 per share, with a total value of $97,120.00. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 164,500 shares of company stock valued at $982,285. 14.50% of the stock is currently owned by corporate insiders.

A number of equities research analysts have issued reports on the company. Zacks Investment Research upgraded Wisdom Tree Investments from a “hold” rating to a “buy” rating and set a $8.50 price target for the company in a research note on Saturday, April 13th. ValuEngine downgraded Wisdom Tree Investments from a “sell” rating to a “strong sell” rating in a research note on Monday, February 4th. Northland Securities restated a “hold” rating and set a $9.00 price target on shares of Wisdom Tree Investments in a research note on Friday, April 12th. BidaskClub upgraded Wisdom Tree Investments from a “sell” rating to a “hold” rating in a research note on Wednesday, February 27th. Finally, Citigroup downgraded Wisdom Tree Investments from a “neutral” rating to a “sell” rating in a research note on Monday, February 4th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $8.50.

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Wisdom Tree Investments 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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Institutional Ownership by Quarter for Wisdom Tree Investments (NASDAQ:WETF)

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