WisdomTree, Inc. $WT Shares Acquired by Level Four Advisory Services LLC

Level Four Advisory Services LLC boosted its stake in WisdomTree, Inc. (NYSE:WT) by 24.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 124,851 shares of the company’s stock after purchasing an additional 24,767 shares during the period. Level Four Advisory Services LLC owned approximately 0.08% of WisdomTree worth $1,437,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in WT. Maryland State Retirement & Pension System boosted its position in shares of WisdomTree by 2.3% in the second quarter. Maryland State Retirement & Pension System now owns 34,056 shares of the company’s stock worth $392,000 after buying an additional 778 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in WisdomTree by 4.2% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 22,957 shares of the company’s stock worth $264,000 after acquiring an additional 927 shares in the last quarter. Personal CFO Solutions LLC lifted its position in WisdomTree by 7.9% during the 2nd quarter. Personal CFO Solutions LLC now owns 13,422 shares of the company’s stock worth $154,000 after acquiring an additional 986 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in WisdomTree by 10.8% in the 2nd quarter. Teacher Retirement System of Texas now owns 18,928 shares of the company’s stock worth $218,000 after acquiring an additional 1,840 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in WisdomTree by 10.5% in the second quarter. PNC Financial Services Group Inc. now owns 22,290 shares of the company’s stock valued at $257,000 after acquiring an additional 2,119 shares in the last quarter. 78.64% of the stock is owned by hedge funds and other institutional investors.

WisdomTree Trading Up 0.3%

NYSE WT opened at $10.99 on Friday. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 28.18 and a beta of 1.17. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.44 and a quick ratio of 1.04. WisdomTree, Inc. has a 12 month low of $7.47 and a 12 month high of $14.95. The company’s fifty day moving average price is $12.44 and its two-hundred day moving average price is $12.20.

WisdomTree (NYSE:WT) last released its earnings results on Friday, October 31st. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.02. The company had revenue of $125.62 million during the quarter, compared to the consensus estimate of $122.00 million. WisdomTree had a net margin of 16.25% and a return on equity of 25.17%. The company’s revenue was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.18 EPS. As a group, research analysts predict that WisdomTree, Inc. will post 0.72 earnings per share for the current fiscal year.

WisdomTree Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Wednesday, November 12th were paid a dividend of $0.03 per share. The ex-dividend date was Wednesday, November 12th. This represents a $0.12 annualized dividend and a yield of 1.1%. WisdomTree’s dividend payout ratio is presently 18.46%.

Insider Transactions at WisdomTree

In other WisdomTree news, COO R Jarrett Lilien sold 12,500 shares of the stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $11.01, for a total transaction of $137,625.00. Following the transaction, the chief operating officer owned 998,638 shares of the company’s stock, valued at $10,995,004.38. This trade represents a 1.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 9.30% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Morgan Stanley boosted their target price on shares of WisdomTree from $12.50 to $13.50 and gave the stock an “equal weight” rating in a research report on Monday, October 6th. Craig Hallum reaffirmed a “buy” rating on shares of WisdomTree in a research note on Monday, August 4th. Northland Securities set a $16.00 price objective on shares of WisdomTree in a report on Wednesday, September 3rd. The Goldman Sachs Group lowered their target price on WisdomTree from $14.75 to $13.25 and set a “neutral” rating for the company in a research note on Tuesday. Finally, Wall Street Zen raised WisdomTree from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, WisdomTree presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.88.

WisdomTree 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.