Gladius Capital Management LP Acquires New Holdings in WisdomTree, Inc. (NYSE:WT)

Gladius Capital Management LP bought a new position in shares of WisdomTree, Inc. (NYSE:WT) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 3,249 shares of the company’s stock, valued at approximately $32,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital Management Corp VA bought a new stake in shares of WisdomTree during the 4th quarter worth approximately $8,342,000. Principal Financial Group Inc. acquired a new stake in WisdomTree during the 4th quarter valued at $4,003,000. ClariVest Asset Management LLC bought a new position in WisdomTree during the first quarter worth $3,840,000. Dimensional Fund Advisors LP increased its holdings in shares of WisdomTree by 7.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,998,260 shares of the company’s stock valued at $27,710,000 after purchasing an additional 294,060 shares during the last quarter. Finally, Azora Capital LP raised its position in shares of WisdomTree by 3.6% in the fourth quarter. Azora Capital LP now owns 7,793,321 shares of the company’s stock valued at $54,008,000 after purchasing an additional 268,277 shares during the period. 78.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on WT shares. Northland Securities boosted their price objective on WisdomTree from $12.00 to $13.50 and gave the stock an “outperform” rating in a report on Monday, July 29th. Oppenheimer lifted their target price on WisdomTree from $12.00 to $13.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $12.00 price target (up from $11.00) on shares of WisdomTree in a research note on Monday, July 29th. Finally, Craig Hallum raised their price target on shares of WisdomTree from $12.00 to $15.00 and gave the stock a “buy” rating in a research report on Monday, July 29th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $11.96.

WisdomTree Stock Down 2.4 %

Shares of NYSE WT opened at $9.74 on Friday. The stock has a market capitalization of $1.48 billion, a P/E ratio of 14.32 and a beta of 1.48. The stock’s fifty day moving average is $10.21 and its 200 day moving average is $9.23. WisdomTree, Inc. has a 52 week low of $6.06 and a 52 week high of $12.02. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.18 and a current ratio of 3.01.

WisdomTree (NYSE:WT) last released its earnings results on Friday, July 26th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. WisdomTree had a net margin of 19.72% and a return on equity of 19.22%. The firm had revenue of $107.03 million for the quarter, compared to analyst estimates of $103.75 million. Sell-side analysts forecast that WisdomTree, Inc. will post 0.61 earnings per share for the current fiscal year.

WisdomTree Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 21st. Shareholders of record on Wednesday, August 7th will be issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Wednesday, August 7th. WisdomTree’s dividend payout ratio is presently 17.65%.

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.