The WisdomTree U.S. High Dividend Fund ETF (DHS) has an implied analyst target price of $104.42 per unit, indicating a 10.19% upside from its recent price of $94.76. Three of DHS's underlying holdings with notable upside to their analyst target prices are Northfield Bancorp Inc (NFBK), WK Kellogg Co (KLG), and LCNB Corp (LCNB), with potential upside of 12.85%, 12.19%, and 12.12%, respectively.
The WisdomTree U.S. High Dividend ETF (DHS) has garnered significant attention from analysts, with an implied target price of $104.42 per unit, indicating a potential 10.19% upside from its recent trading price of $94.76. This ETF, launched on June 16, 2006, provides broad exposure to the Style Box - Large Cap Value category of the market through a fundamentally weighted index. The fund is managed by WisdomTree and has an annual operating expense ratio of 0.38%, which is in line with its peers.
Among the ETF's underlying holdings, several stocks show notable upside potential. Northfield Bancorp Inc (NFBK), WK Kellogg Co (KLG), and LCNB Corp (LCNB) are among the top holdings with significant analyst target price upside. NFBK has a potential 12.85% upside, KLG has a 12.19% upside, and LCNB has a 12.12% upside, according to recent analyst targets.
Analysts' optimism is reflected in the implied target prices of these stocks. For instance, Northfield Bancorp Inc (NFBK) is trading at $11.66 per share but has an average analyst target of $13.79, indicating a 17.24% upside. WK Kellogg Co (KLG) is trading at $80.78 per share but has an average analyst target of $91.00, indicating a 12.75% upside. LCNB Corp (LCNB) is trading at $73.25 per share but has an average analyst target of $83.00, indicating a 13.53% upside.
These analyst targets suggest that investors may find value in the WisdomTree U.S. High Dividend ETF (DHS) as a potential investment opportunity. However, it is essential to conduct thorough research and consider the fund's risk profile, which includes a beta of 0.68 and a standard deviation of 14.60% for the trailing three-year period.
Investors should also consider the fund's sector exposure. The ETF has a heavy allocation in the Consumer Staples sector, with about 20.8% of the portfolio. Healthcare and Financials round out the top three sectors. This diversification helps to mitigate single stock risk and provides a broad market exposure.
In conclusion, the WisdomTree U.S. High Dividend ETF (DHS) offers investors a smart beta option with significant upside potential. The fund's fundamentally weighted index and strong analyst targets make it an attractive option for those seeking to outperform the Style Box - Large Cap Value segment of the market. However, investors should carefully consider the fund's risk profile and conduct thorough research before making any investment decisions.
References:
[1] https://finance.yahoo.com/news/wisdomtree-u-high-dividend-etf-102001254.html
[2] https://www.nasdaq.com/articles/lvhds-holdings-imply-10-gain-potential
[3] https://www.gurufocus.com/news/2938023/insider-sell-paul-stahlin-sells-8000-shares-of-northfield-bancorp-inc-nfbk
[4] https://www.nasdaq.com/articles/implied-gnr-analyst-target-price-59
Comments
No comments yet