Are Analysts Bullish about WisdomTree Investments, Inc. (NASDAQ:WETF) after last week?

September 16, 2018 - By Carolyn Hewitt

WisdomTree Investments, Inc. (NASDAQ:WETF) LogoInvestors sentiment decreased to 0.98 in 2018 Q2. Its down 0.20, from 1.18 in 2018Q1. It turned negative, as 27 investors sold WisdomTree Investments, Inc. shares while 53 reduced holdings. 23 funds opened positions while 55 raised stakes. 103.95 million shares or 1.17% less from 105.18 million shares in 2018Q1 were reported.
145 are held by Assetmark. Texas Permanent School Fund holds 75,100 shares. The New York-based Bnp Paribas Arbitrage Sa has invested 0% in WisdomTree Investments, Inc. (NASDAQ:WETF). Redmond Asset Mgmt Ltd holds 0.14% or 35,818 shares in its portfolio. Jump Trading Limited Company has 0.01% invested in WisdomTree Investments, Inc. (NASDAQ:WETF). New York-based Alliancebernstein Limited Partnership has invested 0% in WisdomTree Investments, Inc. (NASDAQ:WETF). Clearbridge Limited Liability Corp, a New York-based fund reported 5.82 million shares. Hudock Group Incorporated Limited Liability Co has invested 0% of its portfolio in WisdomTree Investments, Inc. (NASDAQ:WETF). Philadelphia Fincl Mngmt Of San Francisco Ltd Liability Corporation invested in 1.10M shares or 1.62% of the stock. Credit Suisse Ag has invested 0% of its portfolio in WisdomTree Investments, Inc. (NASDAQ:WETF). Ny State Teachers Retirement Sys invested 0% in WisdomTree Investments, Inc. (NASDAQ:WETF). Ellington Mgmt Limited Liability holds 10,700 shares or 0.01% of its portfolio. Putnam Ltd holds 25,400 shares. The Minnesota-based Ameriprise has invested 0% in WisdomTree Investments, Inc. (NASDAQ:WETF). New York-based First Manhattan has invested 0% in WisdomTree Investments, Inc. (NASDAQ:WETF).

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

Among 8 analysts covering WisdomTree Investments (NASDAQ:WETF), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. WisdomTree Investments has $14 highest and $7 lowest target. $10.93’s average target is 34.94% above currents $8.1 stock price. WisdomTree Investments had 15 analyst reports since March 27, 2018 according to SRatingsIntel. The stock of WisdomTree Investments, Inc. (NASDAQ:WETF) has “Equal-Weight” rating given on Tuesday, April 10 by Morgan Stanley. The rating was maintained by Jefferies on Wednesday, April 11 with “Buy”. Northland Capital maintained WisdomTree Investments, Inc. (NASDAQ:WETF) on Tuesday, March 27 with “Hold” rating. The stock has “Hold” rating by Deutsche Bank on Wednesday, May 16. The rating was upgraded by Wood to “Outperform” on Monday, April 30. On Friday, July 13 the stock rating was downgraded by Citigroup to “Neutral”. The company was upgraded on Monday, April 30 by Keefe Bruyette & Woods. Citigroup downgraded WisdomTree Investments, Inc. (NASDAQ:WETF) rating on Tuesday, July 31. Citigroup has “Sell” rating and $7 target. Keefe Bruyette & Woods maintained WisdomTree Investments, Inc. (NASDAQ:WETF) rating on Tuesday, April 10. Keefe Bruyette & Woods has “Hold” rating and $1000 target. The stock of WisdomTree Investments, Inc. (NASDAQ:WETF) has “Market Perform” rating given on Friday, July 13 by Wood. Below is a list of WisdomTree Investments, Inc. (NASDAQ:WETF) latest ratings and price target changes.

02/08/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $11 New Target: $10 Maintain
31/07/2018 Broker: Citigroup Old Rating: Neutral New Rating: Sell Old Target: $10 New Target: $7 Downgrade
13/07/2018 Broker: Citigroup Old Rating: Buy New Rating: Neutral Old Target: $12.75 Downgrade
13/07/2018 Broker: Wood Old Rating: Outperform New Rating: Market Perform Downgrade
16/05/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Hold Old Target: $12 Downgrade
30/04/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $13 New Target: $14 Maintain
30/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $10.5 New Target: $12.75 Maintain
30/04/2018 Broker: Keefe Bruyette & Woods Rating: Buy Upgrade
30/04/2018 Broker: Wood Old Rating: Market Perform New Rating: Outperform Upgrade
18/04/2018 Broker: Credit Suisse Rating: Outperform New Target: $13 Maintain

The stock increased 3.45% or $0.27 during the last trading session, reaching $8.1. About 1.61 million shares traded or 44.04% up from the average. WisdomTree Investments, Inc. (NASDAQ:WETF) has declined 14.41% since September 16, 2017 and is downtrending. It has underperformed by 30.03% the S&P500.

WisdomTree Investments, Inc., through its subsidiaries, operates as an exchange-traded funds sponsor and asset manager. The company has market cap of $1.22 billion. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. It has a 33.89 P/E ratio. The firm 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.

More news for WisdomTree Investments, Inc. (NASDAQ:WETF) were recently published by: Globenewswire.com, which released: “WisdomTree ETFs Declare Distributions” on August 21, 2018. Nasdaq.com‘s article titled: “WisdomTree’s Digital Portfolio Developer (DPD) Wins 2018 WealthManagement.com Industry Award” and published on September 14, 2018 is yet another important article.

WisdomTree Investments, Inc. (NASDAQ:WETF) Institutional Positions Chart

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