Somewhat Positive Press Coverage Somewhat Unlikely to Impact WisdomTree Investments (WETF) Stock Price
Media headlines about WisdomTree Investments (NASDAQ:WETF) have trended somewhat positive on Monday, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. WisdomTree Investments earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the asset manager an impact score of 46.0364110543105 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- What Are Invesco’s Total Operating Expenses? (finance.yahoo.com)
- Continental Advisors LLC Has $5.87 Million Stake in WisdomTree Investments, Inc. (WETF) (americanbankingnews.com)
- Royce & Associates LP Purchases 192,000 Shares of WisdomTree Investments, Inc. (WETF) (americanbankingnews.com)
- Today’s Hot Stock Under Review – WisdomTree Investments Inc … – Alpha Beta Stock (alphabetastock.com)
- Investors Alert on WisdomTree Investments, Inc. (WETF) – Wall Street Morning (wallstreetmorning.com)
WisdomTree Investments (WETF) opened at $9.69 on Monday. WisdomTree Investments has a twelve month low of $7.87 and a twelve month high of $13.41. The company has a market cap of $1,334.62, a P/E ratio of 48.45, a price-to-earnings-growth ratio of 1.53 and a beta of 2.74.
The company also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend was Tuesday, February 13th. WisdomTree Investments’s dividend payout ratio (DPR) is presently 60.00%.
A number of brokerages recently weighed in on WETF. ValuEngine cut shares of WisdomTree Investments from a “hold” rating to a “sell” rating in a report on Thursday. BidaskClub cut shares of WisdomTree Investments from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 25th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $12.00 price objective on shares of WisdomTree Investments in a report on Friday, February 2nd. Zacks Investment Research cut shares of WisdomTree Investments from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. Finally, Morgan Stanley dropped their price objective on shares of WisdomTree Investments from $14.00 to $13.00 and set an “equal weight” rating for the company in a report on Tuesday, February 13th. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $11.85.
In other WisdomTree Investments news, Director Michael H. Steinhardt sold 163,093 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $9.89, for a total transaction of $1,612,989.77. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jonathan L. Steinberg sold 81,663 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $10.15, for a total transaction of $828,879.45. The disclosure for this sale can be found here. Insiders have sold a total of 319,756 shares of company stock valued at $3,290,369 in the last quarter. 16.60% of the stock is currently owned by company insiders.
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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