WisdomTree Investments, Inc. (NASDAQ:WETF) has been assigned an average rating of “Hold” from the eight brokerages that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $10.10.

A number of equities research analysts recently weighed in on WETF shares. Zacks Investment Research downgraded WisdomTree Investments from a “hold” rating to a “sell” rating in a research report on Wednesday, March 15th. Citigroup Inc. raised WisdomTree Investments from a “neutral” rating to a “buy” rating and set a $10.50 target price on the stock in a research report on Monday, May 15th. Keefe, Bruyette & Woods reissued a “sell” rating and set a $8.00 target price on shares of WisdomTree Investments in a research report on Monday, April 10th. Goldman Sachs Group, Inc. (The) lifted their target price on WisdomTree Investments from $7.00 to $8.00 and gave the stock a “sell” rating in a research report on Wednesday, March 15th. Finally, BidaskClub raised WisdomTree Investments from a “hold” rating to a “buy” rating in a research report on Saturday.

COPYRIGHT VIOLATION WARNING: “Brokerages Set WisdomTree Investments, Inc. (WETF) PT at $10.10” was reported by Daily Political and is the property of of Daily Political. If you are reading this news story on another domain, it was illegally copied and republished in violation of United States and international trademark & copyright law. The correct version of this news story can be read at https://www.dailypolitical.com/2017/06/19/brokerages-set-wisdomtree-investments-inc-wetf-pt-at-10-10.html.

A number of hedge funds and other institutional investors have recently made changes to their positions in WETF. New England Research & Management Inc. boosted its position in shares of WisdomTree Investments by 60.1% in the first quarter. New England Research & Management Inc. now owns 55,300 shares of the asset manager’s stock worth $502,000 after buying an additional 20,750 shares in the last quarter. Teachers Advisors LLC boosted its position in shares of WisdomTree Investments by 6.7% in the fourth quarter. Teachers Advisors LLC now owns 221,994 shares of the asset manager’s stock worth $2,473,000 after buying an additional 14,015 shares in the last quarter. WFG Advisors LP boosted its position in shares of WisdomTree Investments by 3,049,800.0% in the fourth quarter. WFG Advisors LP now owns 30,499 shares of the asset manager’s stock worth $2,062,000 after buying an additional 30,498 shares in the last quarter. United Capital Financial Advisers LLC boosted its position in shares of WisdomTree Investments by 57.9% in the fourth quarter. United Capital Financial Advisers LLC now owns 23,539 shares of the asset manager’s stock worth $262,000 after buying an additional 8,629 shares in the last quarter. Finally, Janus Capital Management LLC boosted its position in shares of WisdomTree Investments by 4.3% in the fourth quarter. Janus Capital Management LLC now owns 4,132,155 shares of the asset manager’s stock worth $46,032,000 after buying an additional 168,606 shares in the last quarter. Hedge funds and other institutional investors own 95.28% of the company’s stock.

Shares of WisdomTree Investments (NASDAQ WETF) traded up 1.11% during mid-day trading on Friday, reaching $10.04. The company’s stock had a trading volume of 1,479,638 shares. The company has a 50 day moving average price of $9.28 and a 200 day moving average price of $9.80. WisdomTree Investments has a 12 month low of $7.87 and a 12 month high of $13.32. The stock has a market capitalization of $1.35 billion, a P/E ratio of 66.93 and a beta of 3.03.

WisdomTree Investments (NASDAQ:WETF) last released its earnings results on Friday, April 28th. The asset manager reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. WisdomTree Investments had a return on equity of 11.15% and a net margin of 9.83%. The business had revenue of $54.60 million for the quarter, compared to the consensus estimate of $53.38 million. During the same period last year, the business earned $0.09 earnings per share. The firm’s revenue for the quarter was down 10.3% compared to the same quarter last year. On average, equities research analysts anticipate that WisdomTree Investments will post $0.24 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 24th. Shareholders of record on Wednesday, May 10th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 3.19%. The ex-dividend date of this dividend was Monday, May 8th. WisdomTree Investments’s dividend payout ratio is 200.01%.

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.

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