American International Group Inc. grew its holdings in WisdomTree Investments, Inc. (NASDAQ:WETF) by 5.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 91,317 shares of the asset manager’s stock after purchasing an additional 5,005 shares during the quarter. American International Group Inc. owned approximately 0.07% of WisdomTree Investments worth $930,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of WETF. California Public Employees Retirement System raised its holdings in shares of WisdomTree Investments by 1.6% in the 1st quarter. California Public Employees Retirement System now owns 50,100 shares of the asset manager’s stock valued at $455,000 after purchasing an additional 800 shares in the last quarter. Bank of Montreal Can raised its holdings in shares of WisdomTree Investments by 0.7% in the 2nd quarter. Bank of Montreal Can now owns 50,078 shares of the asset manager’s stock valued at $508,000 after purchasing an additional 356 shares in the last quarter. Aperio Group LLC raised its holdings in shares of WisdomTree Investments by 31.7% in the 2nd quarter. Aperio Group LLC now owns 13,353 shares of the asset manager’s stock valued at $136,000 after purchasing an additional 3,212 shares in the last quarter. Great West Life Assurance Co. Can raised its holdings in shares of WisdomTree Investments by 3.9% in the 2nd quarter. Great West Life Assurance Co. Can now owns 166,748 shares of the asset manager’s stock valued at $1,694,000 after purchasing an additional 6,200 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its holdings in shares of WisdomTree Investments by 0.9% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 476,715 shares of the asset manager’s stock valued at $4,849,000 after purchasing an additional 4,419 shares in the last quarter. Institutional investors and hedge funds own 89.41% of the company’s stock.

A number of research analysts have recently issued reports on WETF shares. BidaskClub downgraded shares of WisdomTree Investments from a “strong-buy” rating to a “buy” rating in a research report on Thursday, December 14th. Jefferies Group reaffirmed a “buy” rating and issued a $14.00 price objective on shares of WisdomTree Investments in a research report on Thursday, September 7th. Deutsche Bank started coverage on shares of WisdomTree Investments in a research report on Tuesday, October 17th. They issued a “buy” rating and a $13.00 price objective on the stock. Citigroup reaffirmed a “buy” rating and issued a $15.00 price objective on shares of WisdomTree Investments in a research report on Monday, October 30th. Finally, Northland Securities reaffirmed a “hold” rating and issued a $12.00 price objective on shares of WisdomTree Investments in a research report on Sunday, October 29th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $11.44.

In other WisdomTree Investments news, Director Frank Salerno sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $11.71, for a total transaction of $585,500.00. The transaction was disclosed in a filing with the SEC, which is available at this link. 16.60% of the stock is currently owned by insiders.

WisdomTree Investments, Inc. (NASDAQ:WETF) opened at $12.01 on Thursday. WisdomTree Investments, Inc. has a 12-month low of $7.87 and a 12-month high of $12.38. The stock has a market cap of $1,640.00, a P/E ratio of 52.09, a PEG ratio of 2.83 and a beta of 3.16.

WisdomTree Investments (NASDAQ:WETF) last issued its quarterly earnings data on Friday, October 27th. The asset manager reported $0.06 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.06. WisdomTree Investments had a net margin of 12.98% and a return on equity of 15.47%. The firm had revenue of $57.99 million for the quarter, compared to the consensus estimate of $57.89 million. During the same quarter in the previous year, the firm earned $0.06 EPS. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. analysts predict that WisdomTree Investments, Inc. will post 0.25 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 22nd. Shareholders of record on Wednesday, November 8th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.66%. The ex-dividend date was Tuesday, November 7th. WisdomTree Investments’s dividend payout ratio is presently 145.45%.

ILLEGAL ACTIVITY NOTICE: “American International Group Inc. Acquires 5,005 Shares of WisdomTree Investments, Inc. (WETF)” was published by Watch List News and is the sole property of of Watch List News. If you are viewing this article on another publication, it was illegally copied and reposted in violation of US and international trademark and copyright law. The legal version of this article can be viewed at https://www.watchlistnews.com/american-international-group-inc-acquires-5005-shares-of-wisdomtree-investments-inc-wetf/1775576.html.

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 funds that track its own indexes, funds that track third party indexes and actively managed funds. It operates as an exchange traded products sponsor and asset manager providing investment advisory services in the United States, Europe, Canada and Japan.

Institutional Ownership by Quarter for WisdomTree Investments (NASDAQ:WETF)

Receive News & Ratings for WisdomTree Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Investments and related companies with MarketBeat.com's FREE daily email newsletter.