Swiss National Bank Grows Stake in John Wiley & Sons, Inc. (NYSE:WLY)

Swiss National Bank grew its position in John Wiley & Sons, Inc. (NYSE:WLY – Get Rating) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 107,000 shares of the company’s stock after purchasing an additional 1,900 shares during the quarter. Swiss National Bank owned about 0.19% of John Wiley & Sons worth $4,286,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of WLY. BlackRock Inc. purchased a new position in John Wiley & Sons in the third quarter worth $187,724,000. Vanguard Group Inc. purchased a new stake in shares of John Wiley & Sons during the third quarter valued at $175,812,000. State Street Corp purchased a new stake in shares of John Wiley & Sons during the third quarter valued at $174,063,000. Clarkston Capital Partners LLC purchased a new stake in John Wiley & Sons in the third quarter valued at $103,588,000. Finally, Cardinal Capital Management LLC CT purchased a new stake in John Wiley & Sons in the third quarter valued at $79,761,000. 72.99% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Matthew Leavy sold 4,500 shares of the company’s stock in a transaction dated Wednesday, March 29th. The shares were sold at an average price of $37.28, for a total transaction of $167,760.00. Following the completion of the transaction, the executive vice president now owns 5,184 shares in the company, valued at approximately $193,259.52. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.62% of the company’s stock.

John Wiley & Sons Trading Down 0.9 %

Shares of John Wiley & Sons stock opened at $35.91 on Friday. The firm has a 50-day simple moving average of $37.08 and a two-hundred day simple moving average of $41.52. The company has a market cap of $1.99 billion, a P/E ratio of -211.24 and a beta of 1.03. John Wiley & Sons, Inc. has a fifty-two week low of $34.48 and a fifty-two week high of $54.38. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.65 and a current ratio of 0.70.

John Wiley & Sons (NYSE:WLY – Get Rating) last issued its quarterly earnings data on Thursday, March 9th. The company reported $0.85 earnings per share for the quarter. John Wiley & Sons had a negative net margin of 0.39% and a positive return on equity of 18.09%. The business had revenue of $491.37 million during the quarter. As a group, equities analysts predict that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 25th. Investors of record on Tuesday, April 11th were given a dividend of $0.347 per share. The ex-dividend date was Monday, April 10th. This represents a $1.39 annualized dividend and a dividend yield of 3.87%. John Wiley & Sons’s dividend payout ratio (DPR) is presently -817.65%.

Wall Street Analysts Forecast Growth

Separately, TheStreet lowered shares of John Wiley & Sons from a “b” rating to a “c” rating in a report on Thursday, March 9th.

About John Wiley & Sons

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John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research Publishing & Platforms, Academic & Professional Learning, and Education Services. The Research Publishing & Platforms segment provides scientific, technical, medical, and scholarly journals, as well as related content and services to academic, corporate, and government libraries, learned societies, and individual researchers and other professionals.