Somewhat Favorable Press Coverage Somewhat Unlikely to Affect WisdomTree Investments (WETF) Stock Price
Media headlines about WisdomTree Investments (NASDAQ:WETF) have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. WisdomTree Investments earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news coverage about the asset manager an impact score of 47.7370721614999 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- WisdomTree Investments Shows Market Leadership With Jump To 83 RS Rating (finance.yahoo.com)
- WisdomTree Investments, Inc. Announces Quarterly Dividend of $0.08 (WETF) (americanbankingnews.com)
- WisdomTree Investments, Inc. Expected to Earn FY2018 Earnings of $0.36 Per Share (WETF) (americanbankingnews.com)
- Comparing WisdomTree Investments (WETF) & Fifth Street Asset Management (FSAM) (americanbankingnews.com)
- WisdomTree Selects FinMason to Power New Investor Tools (newswire.com)
A number of equities analysts recently weighed in on WETF shares. Deutsche Bank AG started coverage on shares of WisdomTree Investments in a research report on Tuesday, October 17th. They set a “buy” rating and a $13.00 price objective for the company. ValuEngine raised shares of WisdomTree Investments from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Zacks Investment Research cut shares of WisdomTree Investments from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. BidaskClub cut shares of WisdomTree Investments from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Finally, Northland Securities reaffirmed a “hold” rating and set a $12.00 price objective on shares of WisdomTree Investments in a research report on Sunday, October 29th. Six research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $11.20.
WisdomTree Investments (WETF) traded up $0.68 during trading on Friday, reaching $12.09. 1,601,069 shares of the company’s stock were exchanged, compared to its average volume of 1,627,049. The company has a market capitalization of $1,655.40, a price-to-earnings ratio of 52.57, a price-to-earnings-growth ratio of 3.03 and a beta of 3.18.
WisdomTree Investments (NASDAQ:WETF) last released its earnings results on Friday, October 27th. The asset manager reported $0.06 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.06. The company had revenue of $57.99 million for the quarter, compared to analyst estimates of $57.89 million. WisdomTree Investments had a net margin of 12.98% and a return on equity of 15.47%. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.06 EPS. research analysts predict that WisdomTree Investments will post 0.25 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Wednesday, November 8th will be issued a $0.08 dividend. The ex-dividend date is Tuesday, November 7th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.65%. WisdomTree Investments’s payout ratio is 145.46%.
In other news, Director Bruce I. Lavine sold 19,849 shares of the firm’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $9.95, for a total value of $197,497.55. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 16.10% of the stock is currently owned by company insiders.
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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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