Deutsche Bank Issues a Downgrade for WisdomTree Investments (NASDAQ:WETF) from a Buy to Hold Rating

May 16, 2018 - By Marie Mckinney

WisdomTree Investments, Inc. (NASDAQ:WETF) Logo

Investors sentiment increased to 1.19 in 2017 Q4. Its up 0.05, from 1.14 in 2017Q3. It improved, as 24 investors sold WisdomTree Investments, Inc. shares while 56 reduced holdings. 31 funds opened positions while 64 raised stakes. 114.18 million shares or 3.56% less from 118.39 million shares in 2017Q3 were reported.

Moreover, Manufacturers Life Ins The has 0% invested in WisdomTree Investments, Inc. (NASDAQ:WETF) for 89,342 shares. Bain Capital Pub Equity Management holds 1.31 million shares. Tudor Corp Et Al holds 0.02% or 69,494 shares. Riverhead Cap Mngmt Ltd Liability Company owns 0.01% invested in WisdomTree Investments, Inc. (NASDAQ:WETF) for 12,385 shares. Ny State Common Retirement Fund holds 0% or 227,684 shares. Parametric Limited Liability reported 271,610 shares. Assetmark invested 0% of its portfolio in WisdomTree Investments, Inc. (NASDAQ:WETF). Weiss Multi accumulated 349,990 shares or 0.11% of the stock. United Kingdom-based Guinness Asset Ltd has invested 0.93% in WisdomTree Investments, Inc. (NASDAQ:WETF). Moreover, State Of Tennessee Treasury Department has 0.01% invested in WisdomTree Investments, Inc. (NASDAQ:WETF). Parkside Bank & reported 274 shares. Macquarie Grp holds 0.02% or 716,119 shares in its portfolio. First Personal Service invested 0% of its portfolio in WisdomTree Investments, Inc. (NASDAQ:WETF). Whittier Tru Of Nevada invested in 0.01% or 4,666 shares. Carroll Financial Assoc Inc, a North Carolina-based fund reported 4,200 shares.

Since December 15, 2017, it had 1 buying transaction, and 8 insider sales for $11.36 million activity. SALERNO FRANK also sold $585,370 worth of WisdomTree Investments, Inc. (NASDAQ:WETF) on Friday, December 15. 119,762 shares were sold by STEINHARDT MICHAEL H, worth $1.16 million. On Monday, February 5 MacAlpine Kurt bought $204,647 worth of WisdomTree Investments, Inc. (NASDAQ:WETF) or 19,710 shares. $828,814 worth of WisdomTree Investments, Inc. (NASDAQ:WETF) was sold by Steinberg Jonathan L.

WisdomTree Investments (NASDAQ:WETF) Receives a Downgrade

In a note sent to clients and investors today, Deutsche Bank decreased shares of WisdomTree Investments (NASDAQ:WETF) to a Hold rating from the previous Buy rating.

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

Among 9 analysts covering WisdomTree Investments (NASDAQ:WETF), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. WisdomTree Investments has $15.0 highest and $9.5 lowest target. $11.72’s average target is 2.09% above currents $11.48 stock price. WisdomTree Investments had 17 analyst reports since December 21, 2017 according to SRatingsIntel. The stock of WisdomTree Investments, Inc. (NASDAQ:WETF) has “Outperform” rating given on Monday, April 30 by Credit Suisse. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Deutsche Bank maintained WisdomTree Investments, Inc. (NASDAQ:WETF) on Tuesday, March 6 with “Buy” rating. Bank of America maintained it with “Underperform” rating and $9.5 target in Monday, February 5 report. Morgan Stanley maintained WisdomTree Investments, Inc. (NASDAQ:WETF) on Tuesday, February 13 with “Equal-Weight” rating. The rating was upgraded by Wood on Monday, April 30 to “Outperform”. Northland Capital maintained WisdomTree Investments, Inc. (NASDAQ:WETF) rating on Tuesday, March 27. Northland Capital has “Hold” rating and $1100 target. Deutsche Bank maintained the shares of WETF in report on Friday, April 6 with “Buy” rating. The firm earned “Hold” rating on Friday, February 2 by Keefe Bruyette & Woods. The stock of WisdomTree Investments, Inc. (NASDAQ:WETF) has “Buy” rating given on Tuesday, February 6 by Citigroup.

The stock decreased 0.48% or $0.06 during the last trading session, reaching $11.48. About 700,815 shares traded. WisdomTree Investments, Inc. (NASDAQ:WETF) has risen 5.72% since May 16, 2017 and is uptrending. It has underperformed by 5.83% the S&P500.

Analysts await WisdomTree Investments, Inc. (NASDAQ:WETF) to report earnings on July, 27. They expect $0.09 earnings per share, 0.00 % or $0.00 from last year’s $0.09 per share. WETF’s profit will be $13.63 million for 31.89 P/E if the $0.09 EPS becomes a reality. After $0.08 actual earnings per share reported by WisdomTree Investments, Inc. for the previous quarter, Wall Street now forecasts 12.50 % EPS growth.

WisdomTree Investments, Inc., through its subsidiaries, operates as an exchange-traded funds sponsor and asset manager. The company has market cap of $1.74 billion. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. It has a 52.2 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 important recent WisdomTree Investments, Inc. (NASDAQ:WETF) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For May 16, 2018” on May 16, 2018, also Globenewswire.com published article titled: “WisdomTree Announces First Quarter 2018 Results”, Globenewswire.com published: “WisdomTree ETFs Declare Distributions” on April 24, 2018. More interesting news about WisdomTree Investments, Inc. (NASDAQ:WETF) was released by: Seekingalpha.com and their article: “WisdomTree Investments: Buy The Diversification” with publication date: May 02, 2018.

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

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