WisdomTree Investments Inc. (NASDAQ:WETF) CEO Jonathan L. Steinberg acquired 100,000 shares of the stock in a transaction that occurred on Wednesday, September 14th. The shares were bought at an average price of $10.23 per share, for a total transaction of $1,023,000.00. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Jonathan L. Steinberg also recently made the following trade(s):

  • On Friday, August 19th, Jonathan L. Steinberg acquired 250,000 shares of WisdomTree Investments stock. The shares were bought at an average price of $10.16 per share, for a total transaction of $2,540,000.00.

Shares of WisdomTree Investments Inc. (NASDAQ:WETF) opened at 10.81 on Monday. The company has a market capitalization of $1.45 billion, a P/E ratio of 25.08 and a beta of 2.67. WisdomTree Investments Inc. has a 12 month low of $8.70 and a 12 month high of $22.33. The stock’s 50 day moving average is $10.29 and its 200 day moving average is $11.03.

WisdomTree Investments (NASDAQ:WETF) last issued its quarterly earnings data on Friday, July 29th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.04. WisdomTree Investments had a net margin of 21.72% and a return on equity of 26.72%. The firm had revenue of $55.98 million for the quarter, compared to the consensus estimate of $55.01 million. During the same quarter in the previous year, the firm earned $0.18 EPS. The company’s quarterly revenue was down 31.4% compared to the same quarter last year. On average, equities analysts predict that WisdomTree Investments Inc. will post $0.23 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 24th. Stockholders of record on Wednesday, August 10th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date was Monday, August 8th. WisdomTree Investments’s payout ratio is currently 72.73%.

Several hedge funds and other institutional investors have recently modified their holdings of WETF. Wellington Management Group LLP increased its position in shares of WisdomTree Investments by 25.9% in the first quarter. Wellington Management Group LLP now owns 19,218,783 shares of the company’s stock worth $219,671,000 after buying an additional 3,956,785 shares during the last quarter. Vanguard Group Inc. increased its position in shares of WisdomTree Investments by 3.3% in the second quarter. Vanguard Group Inc. now owns 8,618,677 shares of the company’s stock worth $84,377,000 after buying an additional 278,414 shares during the last quarter. TimesSquare Capital Management LLC increased its position in shares of WisdomTree Investments by 4.5% in the second quarter. TimesSquare Capital Management LLC now owns 6,347,435 shares of the company’s stock worth $62,141,000 after buying an additional 270,930 shares during the last quarter. BlackRock Fund Advisors increased its position in shares of WisdomTree Investments by 2.4% in the second quarter. BlackRock Fund Advisors now owns 5,790,448 shares of the company’s stock worth $56,688,000 after buying an additional 136,499 shares during the last quarter. Finally, Jackson Square Partners LLC increased its position in shares of WisdomTree Investments by 141.3% in the second quarter. Jackson Square Partners LLC now owns 4,975,229 shares of the company’s stock worth $48,707,000 after buying an additional 2,913,362 shares during the last quarter. 96.12% of the stock is currently owned by hedge funds and other institutional investors.

WETF has been the topic of a number of research analyst reports. Jefferies Group restated a “buy” rating and set a $13.00 price objective on shares of WisdomTree Investments in a research report on Tuesday, July 5th. Credit Suisse Group AG restated a “buy” rating on shares of WisdomTree Investments in a research report on Monday, August 1st. Morgan Stanley restated an “equal weight” rating on shares of WisdomTree Investments in a research report on Thursday, May 26th. Zacks Investment Research upgraded shares of WisdomTree Investments from a “sell” rating to a “hold” rating in a research report on Wednesday, August 3rd. Finally, TheStreet downgraded shares of WisdomTree Investments from a “buy” rating to a “hold” rating in a research report on Thursday, May 26th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $14.23.

About WisdomTree Investments

WisdomTree Investments, Inc is an asset management company that focuses on exchange-traded funds (ETFs). The Company’s family of ETFs includes fundamentally weighted funds that track its own indexes, funds that track third party indexes and actively managed funds. The Company operates through exchange traded products (ETP) sponsor and asset manager providing investment advisory services segment.

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