WisdomTree Investments, Inc. (WETF) Stake Increased by UBS Asset Management Americas Inc.

UBS Asset Management Americas Inc. increased its position in shares of WisdomTree Investments, Inc. (NASDAQ:WETF) by 44.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,075 shares of the asset manager’s stock after acquiring an additional 27,252 shares during the period. UBS Asset Management Americas Inc. owned about 0.06% of WisdomTree Investments worth $1,105,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Fisher Asset Management LLC raised its holdings in shares of WisdomTree Investments by 1.9% during the fourth quarter. Fisher Asset Management LLC now owns 1,118,641 shares of the asset manager’s stock worth $14,039,000 after acquiring an additional 20,656 shares in the last quarter. Essex Investment Management Co. LLC purchased a new stake in shares of WisdomTree Investments during the fourth quarter worth $387,000. Wells Fargo & Company MN raised its holdings in shares of WisdomTree Investments by 3.6% during the third quarter. Wells Fargo & Company MN now owns 1,157,742 shares of the asset manager’s stock worth $11,786,000 after acquiring an additional 40,510 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its holdings in WisdomTree Investments by 59.0% during the third quarter. Municipal Employees Retirement System of Michigan now owns 43,060 shares of the asset manager’s stock valued at $438,000 after buying an additional 15,970 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in WisdomTree Investments by 5.9% during the third quarter. JPMorgan Chase & Co. now owns 765,395 shares of the asset manager’s stock valued at $7,584,000 after buying an additional 42,923 shares in the last quarter. Institutional investors and hedge funds own 86.35% of the company’s stock.

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In other WisdomTree Investments news, insider Kurt Macalpine acquired 19,710 shares of the company’s stock in a transaction dated Monday, February 5th. The shares were acquired at an average cost of $10.38 per share, for a total transaction of $204,589.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael H. Steinhardt sold 177,009 shares of WisdomTree Investments stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $9.94, for a total value of $1,759,469.46. The disclosure for this sale can be found here. Insiders sold 941,936 shares of company stock worth $9,354,156 over the last quarter. 16.10% of the stock is currently owned by corporate insiders.

Several equities analysts have weighed in on WETF shares. BidaskClub upgraded WisdomTree Investments from a “buy” rating to a “strong-buy” rating in a report on Wednesday, December 6th. Zacks Investment Research upgraded WisdomTree Investments from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a report on Saturday, January 6th. Finally, Jefferies Group restated a “buy” rating and set a $15.00 target price on shares of WisdomTree Investments in a report on Thursday, January 11th. Four analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $12.28.

WETF stock opened at $8.94 on Friday. WisdomTree Investments, Inc. has a 1-year low of $7.87 and a 1-year high of $13.41. The firm has a market capitalization of $1,359.41, a PE ratio of 44.70, a price-to-earnings-growth ratio of 1.60 and a beta of 2.74.

WisdomTree Investments (NASDAQ:WETF) last posted its quarterly earnings data on Friday, February 2nd. The asset manager reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.03). The business had revenue of $61.39 million during the quarter, compared to the consensus estimate of $60.89 million. WisdomTree Investments had a return on equity of 16.16% and a net margin of 11.46%. The company’s revenue for the quarter was up 20.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.03 earnings per share. equities analysts forecast that WisdomTree Investments, Inc. will post 0.41 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th were paid a $0.03 dividend. The ex-dividend date was Tuesday, February 13th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.34%. WisdomTree Investments’s payout ratio is presently 60.00%.

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WisdomTree Investments Company Profile

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.

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

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