Janus Henderson Group PLC Has $20.24 Million Stock Holdings in WisdomTree, Inc. (NYSE:WT)

Janus Henderson Group PLC trimmed its holdings in shares of WisdomTree, Inc. (NYSE:WT) by 20.4% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,026,237 shares of the company’s stock after selling 518,408 shares during the quarter. Janus Henderson Group PLC owned 1.39% of WisdomTree worth $20,242,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of WT. Azora Capital LP lifted its holdings in shares of WisdomTree by 12.1% in the third quarter. Azora Capital LP now owns 10,609,577 shares of the company’s stock valued at $105,990,000 after purchasing an additional 1,142,151 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in WisdomTree by 0.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 3,042,815 shares of the company’s stock valued at $30,154,000 after acquiring an additional 25,759 shares in the last quarter. FMR LLC boosted its position in WisdomTree by 390.7% during the 3rd quarter. FMR LLC now owns 2,859,073 shares of the company’s stock worth $28,562,000 after acquiring an additional 2,276,452 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of WisdomTree by 21.3% during the 3rd 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of 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 in the last quarter. 78.64% of the stock is currently owned by institutional investors and hedge funds.

WisdomTree Stock Down 0.6 %

WisdomTree stock opened at $11.38 on Friday. WisdomTree, Inc. has a fifty-two week low of $6.24 and a fifty-two week high of $12.45. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.88 and a quick ratio of 2.16. The firm has a market capitalization of $1.66 billion, a PE ratio of 39.24 and a beta of 1.46. The company’s 50-day moving average is $10.79 and its 200-day moving average is $10.31.

WisdomTree Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders 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 annualized dividend and a dividend yield of 1.05%. WisdomTree’s dividend payout ratio is currently 41.38%.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other news, insider Etfs Capital Limited. sold 3,000,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $11.34, for a total value 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. This represents a 19.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Peter M. Ziemba sold 100,000 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $11.43, for a total value of $1,143,000.00. Following the transaction, the insider now owns 948,386 shares in the company, valued at approximately $10,840,051.98. This trade represents a 9.54 % decrease in their position. The disclosure for this sale can be found here. 7.80% of the stock is owned by insiders.

WisdomTree Company 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.