Media stories about WisdomTree Investments (NASDAQ:WETF) have been trending somewhat positive recently, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. WisdomTree Investments earned a daily sentiment score of 0.04 on Accern’s scale. Accern also assigned news headlines about the asset manager an impact score of 47.4232246217992 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
WisdomTree Investments (WETF) opened at $10.41 on Friday. WisdomTree Investments has a one year low of $7.87 and a one year high of $13.41. The company has a market capitalization of $1,520.00, a P/E ratio of 52.05, a PEG ratio of 1.55 and a beta of 2.68.
WisdomTree Investments (NASDAQ:WETF) last issued its earnings results on Friday, February 2nd. The asset manager reported $0.04 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.03). WisdomTree Investments had a return on equity of 16.00% and a net margin of 11.46%. The business had revenue of $61.39 million for the quarter, compared to the consensus estimate of $60.89 million. During the same quarter in the prior year, the firm posted $0.03 earnings per share. The business’s revenue was up 20.8% compared to the same quarter last year. equities analysts expect that WisdomTree Investments will post 0.42 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $0.12 annualized dividend and a dividend yield of 1.15%. WisdomTree Investments’s dividend payout ratio is currently 60.00%.
A number of research analysts have weighed in on WETF shares. Zacks Investment Research downgraded WisdomTree Investments from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. BidaskClub upgraded WisdomTree Investments from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, December 6th. UBS Group raised their price target on WisdomTree Investments from $8.00 to $8.50 and gave the company a “sell” rating in a research note on Tuesday, November 14th. Keefe, Bruyette & Woods upgraded WisdomTree Investments from an “underperform” rating to a “mkt perform” rating in a research note on Tuesday, November 14th. Finally, Jefferies Group restated a “buy” rating and issued a $15.00 price target on shares of WisdomTree Investments in a research note on Thursday, January 11th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. WisdomTree Investments has a consensus rating of “Hold” and a consensus price target of $11.85.
In related news, Director Frank Salerno sold 50,000 shares of the business’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $11.71, for a total value of $585,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kurt Macalpine purchased 19,710 shares of WisdomTree Investments stock in a transaction that occurred on Monday, February 5th. The stock was purchased at an average price of $10.38 per share, with a total value of $204,589.80. The disclosure for this purchase can be found here. Insiders own 16.10% of the company’s stock.
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WisdomTree Investments Company Profile
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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