Paloma Partners Management Co acquired a new position in WisdomTree Investments, Inc. (NASDAQ:WETF) during the first quarter, according to its most recent filing with the SEC. The firm acquired 32,602 shares of the asset manager’s stock, valued at approximately $296,000.

A number of other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. raised its position in WisdomTree Investments by 25,214.1% in the first quarter. BlackRock Inc. now owns 13,399,791 shares of the asset manager’s stock worth $121,669,000 after buying an additional 13,346,857 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of WisdomTree Investments by 15.5% in the first quarter. Vanguard Group Inc. now owns 10,381,851 shares of the asset manager’s stock worth $94,267,000 after buying an additional 1,392,507 shares during the period. TimesSquare Capital Management LLC raised its stake in shares of WisdomTree Investments by 67.9% in the first quarter. TimesSquare Capital Management LLC now owns 7,383,500 shares of the asset manager’s stock worth $67,042,000 after buying an additional 2,987,215 shares during the period. Morgan Stanley raised its stake in shares of WisdomTree Investments by 6.7% in the first quarter. Morgan Stanley now owns 6,928,870 shares of the asset manager’s stock worth $62,914,000 after buying an additional 432,552 shares during the period. Finally, Aberdeen Asset Management PLC UK raised its stake in shares of WisdomTree Investments by 18.8% in the first quarter. Aberdeen Asset Management PLC UK now owns 2,739,775 shares of the asset manager’s stock worth $24,877,000 after buying an additional 432,611 shares during the period.

Shares of WisdomTree Investments, Inc. (WETF) opened at 10.54 on Friday. The firm has a 50-day moving average of $10.09 and a 200 day moving average of $9.55. The company has a market cap of $1.42 billion, a P/E ratio of 70.27 and a beta of 3.10. WisdomTree Investments, Inc. has a 52 week low of $7.87 and a 52 week high of $13.32.

WisdomTree Investments (NASDAQ:WETF) last released its quarterly earnings data on Friday, April 28th. The asset manager reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.01. The company had revenue of $54.60 million during the quarter, compared to analyst estimates of $53.38 million. WisdomTree Investments had a net margin of 9.83% and a return on equity of 11.15%. WisdomTree Investments’s revenue for the quarter was down 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.09 EPS. Equities analysts anticipate that WisdomTree Investments, Inc. will post $0.25 earnings per share for the current fiscal year.

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WETF has been the subject of several analyst reports. ValuEngine lowered shares of WisdomTree Investments from a “hold” rating to a “sell” rating in a research note on Thursday. Jefferies Group LLC reaffirmed a “buy” rating and issued a $14.00 price objective on shares of WisdomTree Investments in a research note on Wednesday, June 28th. Zacks Investment Research raised shares of WisdomTree Investments from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research note on Tuesday, July 4th. BidaskClub upgraded shares of WisdomTree Investments from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. Finally, Keefe, Bruyette & Woods reiterated a “sell” rating and issued a $8.00 target price on shares of WisdomTree Investments in a report on Monday, April 10th. Five analysts have rated the stock with a sell rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $9.94.

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 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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