Shares of WisdomTree Investments, Inc. (NASDAQ:WETF) have received an average rating of “Hold” from the eight research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $5.76.

WETF has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of WisdomTree Investments from $5.00 to $6.00 and gave the stock a “hold” rating in a research note on Monday, February 1st. They noted that the move was a valuation call. Northcoast Research restated a “neutral” rating on shares of WisdomTree Investments in a research note on Tuesday, March 23rd. Credit Suisse Group upped their price target on shares of WisdomTree Investments from $6.60 to $7.40 and gave the company an “outperform” rating in a research note on Monday, February 1st. Zacks Investment Research lowered shares of WisdomTree Investments from a “buy” rating to a “hold” rating in a research note on Thursday, April 8th. Finally, Morgan Stanley upped their price target on shares of WisdomTree Investments from $6.75 to $7.25 and gave the company an “equal weight” rating in a research note on Monday.

Shares of NASDAQ WETF traded up $0.16 during trading hours on Tuesday, hitting $7.02. 3,234,604 shares of the stock were exchanged, compared to its average volume of 903,593. The company has a quick ratio of 1.31, a current ratio of 1.52 and a debt-to-equity ratio of 0.49. The company has a market cap of $1.05 billion, a PE ratio of -63.81, a PEG ratio of 0.75 and a beta of 1.90. The firm has a fifty day moving average price of $6.42 and a 200-day moving average price of $5.36. WisdomTree Investments has a 12 month low of $2.48 and a 12 month high of $7.19.

WisdomTree Investments (NASDAQ:WETF) last posted its quarterly earnings data on Friday, April 30th. The asset manager reported $0.08 EPS for the quarter, topping the consensus estimate of $0.07 by $0.01. The firm had revenue of $72.80 million during the quarter, compared to analyst estimates of $70.40 million. WisdomTree Investments had a negative net margin of 5.21% and a positive return on equity of 12.32%. WisdomTree Investments’s revenue was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.07 EPS. As a group, equities analysts anticipate that WisdomTree Investments will post 0.22 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 26th. Investors of record on Wednesday, May 12th will be issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend is Tuesday, May 11th. WisdomTree Investments’s dividend payout ratio (DPR) is presently 54.55%.

A number of hedge funds and other institutional investors have recently made changes to their positions in WETF. Azora Capital LP purchased a new position in WisdomTree Investments during the fourth quarter valued at $19,392,000. Norges Bank purchased a new position in WisdomTree Investments during the fourth quarter valued at $6,936,000. Capital Management Corp VA purchased a new position in WisdomTree Investments during the first quarter valued at $7,824,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in WisdomTree Investments during the fourth quarter valued at $2,788,000. Finally, Morgan Stanley lifted its holdings in WisdomTree Investments by 38.4% during the fourth quarter. Morgan Stanley now owns 1,807,497 shares of the asset manager’s stock valued at $9,671,000 after purchasing an additional 501,843 shares in the last quarter. 71.02% of the stock is currently owned by hedge funds and other institutional investors.

WisdomTree Investments Company Profile

WisdomTree Investments, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.

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Analyst Recommendations for WisdomTree Investments (NASDAQ:WETF)

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