WisdomTree (NYSE:WT) COO R Jarrett Lilien Sells 30,000 Shares

WisdomTree, Inc. (NYSE:WT) COO R Jarrett Lilien sold 30,000 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $18.99, for a total transaction of $569,700.00. Following the transaction, the chief operating officer directly owned 1,110,245 shares of the company’s stock, valued at approximately $21,083,552.55. This represents a 2.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

R Jarrett Lilien also recently made the following trade(s):

• On Wednesday, February 25th, R Jarrett Lilien sold 30,000 shares of WisdomTree stock. The stock was sold at an average price of $16.84, for a total transaction of $505,200.00.

WisdomTree Stock Down 0.3%

WisdomTree stock opened at $19.16 on Friday. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 46.74 and a beta of 1.13. The company has a debt-to-equity ratio of 2.37, a current ratio of 4.57 and a quick ratio of 4.18. WisdomTree, Inc. has a fifty-two week low of $9.24 and a fifty-two week high of $19.85. The firm has a fifty day moving average price of $16.47 and a two-hundred day moving average price of $14.74.

WisdomTree (NYSE:WT) last released its earnings results on Friday, May 1st. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. WisdomTree had a net margin of 11.26% and a return on equity of 33.31%. The firm had revenue of $159.50 million during the quarter, compared to analyst estimates of $156.96 million. During the same quarter in the previous year, the business earned $0.16 EPS. The business’s revenue was up 47.5% on a year-over-year basis. As a group, analysts forecast that WisdomTree, Inc. will post 1.13 earnings per share for the current year.

WisdomTree Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.6%. WisdomTree’s dividend payout ratio is currently 29.27%.

Analyst Ratings Changes

WT has been the subject of a number of research analyst reports. Raymond James Financial initiated coverage on shares of WisdomTree in a research report on Tuesday, April 21st. They set an “outperform” rating and a $20.00 price objective for the company. Wall Street Zen raised shares of WisdomTree from a “hold” rating to a “buy” rating in a research report on Tuesday. Zacks Research lowered WisdomTree from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. Northland Securities set a $20.00 target price on WisdomTree in a research note on Monday, February 2nd. Finally, Oppenheimer upped their target price on WisdomTree from $20.00 to $21.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, WisdomTree currently has an average rating of “Moderate Buy” and a consensus target price of $18.47.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Wellington Management Group LLP lifted its holdings in shares of WisdomTree by 15.7% during the fourth quarter. Wellington Management Group LLP now owns 11,196,229 shares of the company’s stock valued at $136,482,000 after acquiring an additional 1,521,599 shares during the period. Azora Capital LP lifted its holdings in shares of WisdomTree by 9.3% during the fourth quarter. Azora Capital LP now owns 6,150,111 shares of the company’s stock valued at $74,970,000 after acquiring an additional 521,179 shares during the period. Simcoe Capital Management LLC lifted its holdings in shares of WisdomTree by 11.3% during the fourth quarter. Simcoe Capital Management LLC now owns 5,253,340 shares of the company’s stock valued at $64,038,000 after acquiring an additional 535,015 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of WisdomTree by 41.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 4,134,430 shares of the company’s stock valued at $60,197,000 after acquiring an additional 1,205,097 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of WisdomTree by 1.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,642,042 shares of the company’s stock valued at $44,399,000 after acquiring an additional 61,699 shares during the period. 78.64% of the stock is currently owned by institutional investors and hedge funds.

About WisdomTree

WisdomTree Investments, Inc (NYSE: WT) is a U.S.-based asset management firm specializing in exchange-traded funds (ETFs) and exchange-traded products (ETPs). Founded in 2006 by Jonathan Steinberg and headquartered in New York City, WisdomTree has developed a reputation for pioneering smart-beta and fundamentally weighted indexing approaches. The company designs strategies that seek to enhance returns and reduce volatility by weighting constituents based on dividends, earnings or other financial metrics rather than relying solely on market capitalization.

WisdomTree offers a broad suite of investment products covering equities, fixed income, currencies, commodities and digital assets.