Exclusive: What’s Next for WisdomTree Investments, Inc. After Today’s Significant Increase?

Exclusive: What's Next for WisdomTree Investments, Inc. After Today's Significant Increase?

The stock of WisdomTree Investments, Inc. (NASDAQ:WETF) is a huge mover today! The stock increased 6.24% or $0.66 on November 23, hitting $11.23. About 3.62M shares traded hands or 59.47% up from the average. WisdomTree Investments, Inc. (NASDAQ:WETF) has declined 12.20% since April 22, 2016 and is downtrending. It has underperformed by 17.61% the S&P500.
The move comes after 9 months positive chart setup for the $1.59 billion company. It was reported on Nov, 24 by Barchart.com. We have $11.68 PT which if reached, will make NASDAQ:WETF worth $63.60 million more.

Analysts await WisdomTree Investments, Inc. (NASDAQ:WETF) to report earnings on February, 3. They expect $0.06 EPS, down 60.00% or $0.09 from last year’s $0.15 per share. WETF’s profit will be $8.50 million for 46.79 P/E if the $0.06 EPS becomes a reality. After $0.06 actual EPS reported by WisdomTree Investments, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

WisdomTree Investments, Inc. (NASDAQ:WETF) Ratings Coverage

Out of 10 analysts covering WisdomTree Investments (NASDAQ:WETF), 2 rate it a “Buy”, 3 “Sell”, while 5 “Hold”. This means 20% are positive. WisdomTree Investments has been the topic of 25 analyst reports since August 4, 2015 according to StockzIntelligence Inc. Northland Capital downgraded the stock to “Market Perform” rating in Wednesday, June 1 report. The stock of WisdomTree Investments, Inc. (NASDAQ:WETF) earned “Sell” rating by Citigroup on Wednesday, August 26. Keefe Bruyette & Woods downgraded WisdomTree Investments, Inc. (NASDAQ:WETF) rating on Monday, February 8. Keefe Bruyette & Woods has “Outperform” rating and $10 price target. The stock of WisdomTree Investments, Inc. (NASDAQ:WETF) has “Sell” rating given on Wednesday, November 2 by UBS. The firm earned “Neutral” rating on Friday, January 29 by Northcoast. Citigroup maintained WisdomTree Investments, Inc. (NASDAQ:WETF) rating on Monday, October 31. Citigroup has “Sell” rating and $6.50 price target. The stock has “Hold” rating given by Zacks on Thursday, August 6. On Thursday, September 3 the stock rating was maintained by Wood with “Market Perform”. The rating was downgraded by Bank of America on Tuesday, June 28 to “Neutral”. The stock has “Equal-Weight” rating given by Morgan Stanley on Monday, September 21.

According to Zacks Investment Research, “INDIVIDUAL INVESTOR GROUP INC. is an information services company that publishes and markets Individual Investor magazine and Individual Investor’s Special Situations Report. In addition, the Company, through wholly owned subsidiaries, is the investment manager of private investment funds.”

Insitutional Activity: The institutional sentiment increased to 1.3 in Q2 2016. Its up 0.35, from 0.95 in 2016Q1. The ratio improved, as 42 funds sold all WisdomTree Investments, Inc. shares owned while 63 reduced positions. 18 funds bought stakes while 82 increased positions. They now own 135.96 million shares or 4.77% more from 129.77 million shares in 2016Q1.
State Teachers Retirement accumulated 0% or 175,200 shares. Profund Advsrs Ltd accumulated 0.01% or 16,412 shares. Brown Advisory Limited Liability Com holds 13,350 shares or 0.04% of its portfolio. Loomis Sayles & Limited Partnership holds 0% of its portfolio in WisdomTree Investments, Inc. (NASDAQ:WETF) for 15 shares. Prudential Fincl Inc reported 70,700 shares or 0% of all its holdings. Teacher Retirement Of Texas last reported 16,319 shares in the company. Citadel Advisors Ltd Liability holds 14,137 shares or 0% of its portfolio. Thrivent Financial For Lutherans reported 186,670 shares or 0.01% of all its holdings. Blackrock has 601,254 shares for 0% of their US portfolio. Oregon Pub Employees Retirement Fund has 38,464 shares for 0.01% of their US portfolio. Bnp Paribas Arbitrage Sa accumulated 0.01% or 113,636 shares. Penn Mgmt Com has 202,324 shares for 0.11% of their US portfolio. The Pennsylvania-based Federated Invsts Pa has invested 0% in WisdomTree Investments, Inc. (NASDAQ:WETF). American Century Cos has 1.18 million shares for 0.01% of their US portfolio. Financial Advisers Ltd Company holds 17,019 shares or 0% of its portfolio.

Insider Transactions: Since August 2, 2016, the stock had 3 insider buys, and 0 selling transactions for $4.06 million net activity. Shares for $495,000 were bought by Bossone Anthony on Tuesday, August 2. Steinberg Jonathan L bought $1.02 million worth of WisdomTree Investments, Inc. (NASDAQ:WETF) on Wednesday, September 14.

Another recent and important WisdomTree Investments, Inc. (NASDAQ:WETF) news was published by Fool.com which published an article titled: “Why WisdomTree Investments, Inc. Dropped on Friday” on August 01, 2016.

WETF Company Profile

WisdomTree Investments, Inc., incorporated on September 19, 1985, is an asset management firm that focuses on exchange-traded funds (ETFs). The Company’s family of ETFs includes fundamentally weighted funds that track its own indexes, funds that track third party indexes and actively managed funds. The Firm operates through exchange traded products (ETP) sponsor and asset manager providing investment advisory services segment.

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