WisdomTree Investments, Inc. (WETF) Shares Bought by Capital Fund Management S.A.
Capital Fund Management S.A. boosted its stake in shares of WisdomTree Investments, Inc. (NASDAQ:WETF) by 6,413.3% during the third quarter, Holdings Channel reports. The fund owned 732,339 shares of the company’s stock after buying an additional 743,939 shares during the period. Capital Fund Management S.A. owned about 0.55% of WisdomTree Investments worth $7,536,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Comerica Bank boosted its position in WisdomTree Investments by 0.3% in the second quarter. Comerica Bank now owns 126,409 shares of the company’s stock valued at $1,308,000 after buying an additional 424 shares during the last quarter. Rothschild Asset Management Inc. boosted its position in shares of WisdomTree Investments by 2.6% in the third quarter. Rothschild Asset Management Inc. now owns 19,400 shares of the company’s stock worth $200,000 after buying an additional 495 shares in the last quarter. Hancock Holding Co. boosted its position in shares of WisdomTree Investments by 1.0% in the second quarter. Hancock Holding Co. now owns 50,476 shares of the company’s stock worth $494,000 after buying an additional 512 shares in the last quarter. Legal & General Group Plc boosted its position in shares of WisdomTree Investments by 2.1% in the second quarter. Legal & General Group Plc now owns 28,156 shares of the company’s stock worth $268,000 after buying an additional 575 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its position in shares of WisdomTree Investments by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 39,245 shares of the company’s stock worth $404,000 after buying an additional 781 shares in the last quarter. 95.44% of the stock is currently owned by hedge funds and other institutional investors.
Shares of WisdomTree Investments, Inc. (NASDAQ:WETF) traded up 1.69% on Friday, hitting $11.46. The stock had a trading volume of 532,729 shares. WisdomTree Investments, Inc. has a 12 month low of $8.00 and a 12 month high of $13.72. The firm’s 50-day moving average price is $11.62 and its 200 day moving average price is $10.43. The firm has a market cap of $1.53 billion, a P/E ratio of 35.48 and a beta of 3.16.
WisdomTree Investments (NASDAQ:WETF) last announced its quarterly earnings data on Friday, October 28th. The company reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.06. The firm had revenue of $51.80 million for the quarter, compared to analyst estimates of $51.09 million. WisdomTree Investments had a net margin of 18.03% and a return on equity of 20.75%. The business’s quarterly revenue was down 35.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.17 earnings per share. Analysts anticipate that WisdomTree Investments, Inc. will post $0.24 EPS for the current fiscal year.
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A number of equities analysts recently commented on the company. Credit Suisse Group set a $14.00 target price on WisdomTree Investments and gave the stock a “buy” rating in a report on Saturday, September 17th. Jefferies Group set a $14.00 target price on WisdomTree Investments and gave the stock a “buy” rating in a report on Tuesday. Zacks Investment Research raised WisdomTree Investments from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a report on Saturday, December 31st. Keefe, Bruyette & Woods reaffirmed an “underweight” rating and issued a $8.00 target price on shares of WisdomTree Investments in a report on Wednesday, December 28th. Finally, Citigroup Inc. reaffirmed a “sell” rating and issued a $6.50 target price on shares of WisdomTree Investments in a report on Monday, October 31st. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $11.94.
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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