WisdomTree Investments Inc. (NASDAQ:WETF) shares rose 5.2% on Monday . The stock traded as high as $10.25 and last traded at $10.24, with a volume of 1,552,136 shares trading hands. The stock had previously closed at $9.73.

A number of analysts have recently commented on WETF shares. Morgan Stanley restated an “equal weight” rating on shares of WisdomTree Investments in a report on Thursday, May 26th. Zacks Investment Research downgraded WisdomTree Investments from a “hold” rating to a “sell” rating in a report on Tuesday, April 12th. TheStreet downgraded WisdomTree Investments from a “buy” rating to a “hold” rating in a report on Thursday, May 26th. Jefferies Group lowered their price target on WisdomTree Investments to $13.00 in a report on Tuesday, April 12th. Finally, Northland Securities downgraded WisdomTree Investments from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 1st. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $14.04.

The company has a 50-day moving average of $10.63 and a 200 day moving average of $11.67. The company has a market cap of $1.38 billion and a price-to-earnings ratio of 17.78.

WisdomTree Investments (NASDAQ:WETF) last issued its earnings results on Friday, April 29th. The company reported $0.09 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.09. During the same period last year, the business earned $0.10 EPS. The company had revenue of $60.90 million for the quarter, compared to analyst estimates of $60.69 million. The company’s quarterly revenue was up 1.3% on a year-over-year basis. Equities analysts forecast that WisdomTree Investments Inc. will post $0.31 EPS for the current fiscal year.

Other hedge funds and institutional investors have added to or reduced their stakes in the company. State Board of Administration of Florida Retirement System increased its position in WisdomTree Investments by 6.0% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 64,173 shares of the company’s stock worth $1,006,000 after buying an additional 3,612 shares in the last quarter. Stevens Capital Management LP increased its position in WisdomTree Investments by 429.6% in the fourth quarter. Stevens Capital Management LP now owns 66,676 shares of the company’s stock worth $1,045,000 after buying an additional 54,085 shares in the last quarter. Liberty Mutual Group Asset Management Inc. increased its position in WisdomTree Investments by 51.4% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 73,825 shares of the company’s stock worth $1,158,000 after buying an additional 25,053 shares in the last quarter. Whittier Trust Co. increased its position in WisdomTree Investments by 1.0% in the fourth quarter. Whittier Trust Co. now owns 82,125 shares of the company’s stock worth $1,288,000 after buying an additional 850 shares in the last quarter. Finally, Trexquant Investment LP acquired a new position in WisdomTree Investments during the fourth quarter worth $1,537,000.

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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