Wisdomtree Investments Inc (NASDAQ:WETF) Q4 2016 Sentiment Report

July 18, 2017 - By Adrian Mccoy

 Wisdomtree Investments Inc (NASDAQ:WETF)  Q4 2016 Sentiment Report

Sentiment for Wisdomtree Investments Inc (NASDAQ:WETF)

Wisdomtree Investments Inc (NASDAQ:WETF) institutional sentiment decreased to 1.03 in Q4 2016. Its down -0.27, from 1.3 in 2016Q3. The ratio dived, as 108 investment managers started new and increased stock positions, while 105 sold and decreased equity positions in Wisdomtree Investments Inc. The investment managers in our partner’s database now hold: 128.88 million shares, down from 129.21 million shares in 2016Q3. Also, the number of investment managers holding Wisdomtree Investments Inc in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 32 Reduced: 73 Increased: 64 New Position: 44.

WisdomTree Investments, Inc. is an asset management firm that focuses on exchange-traded funds . The company has market cap of $1.43 billion. The Company’s family of ETFs includes funds that track its own indexes, funds that track third party indexes and actively managed funds. It has a 67.64 P/E ratio. It operates as an exchange traded products sponsor and asset manager providing investment advisory services in the United States, Europe, Canada and Japan.

The stock decreased 0.48% or $0.05 during the last trading session, reaching $10.45. About shares traded. WisdomTree Investments, Inc. (NASDAQ:WETF) has declined 9.35% since July 18, 2016 and is downtrending. It has underperformed by 26.05% the S&P500.

Analysts expect WisdomTree Investments, Inc. (NASDAQ:WETF) to report $0.06 EPS on August, 4.They anticipate $0.03 EPS change or 100.00 % from last quarter’s $0.03 EPS. WETF’s profit would be $8.21M giving it 43.54 P/E if the $0.06 EPS is correct. After having $0.05 EPS previously, WisdomTree Investments, Inc.’s analysts see 20.00 % EPS growth.

Guinness Atkinson Asset Management Inc holds 3.32% of its portfolio in WisdomTree Investments, Inc. for 440,240 shares. Shanda Asset Management Holdings Ltd owns 1.24 million shares or 2.48% of their US portfolio. Moreover, Shearlink Capital Llc has 2.41% invested in the company for 643,000 shares. The Texas-based Hodges Capital Management Inc. has invested 1.39% in the stock. Arrowpoint Asset Management Llc, a Colorado-based fund reported 5.48 million shares.#img1#

Since January 1, 0001, it had 1 buying transaction, and 0 selling transactions for $895,334 activity.

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

Ratings analysis reveals 20% of WisdomTree Investments’s analysts are positive. Out of 10 Wall Street analysts rating WisdomTree Investments, 2 give it “Buy”, 3 “Sell” rating, while 5 recommend “Hold”. The lowest target is $6.50 while the high is $31. The stock’s average target of $16.08 is 53.88% above today’s ($10.45) share price. WETF was included in 29 notes of analysts from August 4, 2015. Zacks upgraded the shares of WETF in report on Thursday, August 6 to “Hold” rating. The firm earned “Market Perform” rating on Thursday, September 3 by Wood. On Friday, August 21 the stock rating was upgraded by Vetr to “Buy”. The firm earned “Neutral” rating on Monday, February 6 by Citigroup. Northland Capital downgraded the shares of WETF in report on Wednesday, June 1 to “Market Perform” rating. The firm has “Sell” rating by UBS given on Wednesday, November 2. The firm has “Sell” rating given on Monday, October 31 by Citigroup. The firm has “Neutral” rating given on Friday, January 29 by Northcoast. The rating was maintained by Jefferies on Wednesday, June 28 with “Buy”. The firm earned “Equal-Weight” rating on Monday, September 21 by Morgan Stanley.

More news for WisdomTree Investments, Inc. (NASDAQ:WETF) were recently published by: Globenewswire.com, which released: “WisdomTree Expands Offering on Schwab ETF OneSourceâ„¢” on July 10, 2017. Globenewswire.com‘s article titled: “WisdomTree ETFs Declare Distributions” and published on June 26, 2017 is yet another important article.

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