Victory Capital Management Inc. Sells 127,372 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Victory Capital Management Inc. trimmed its stake in John Wiley & Sons, Inc. (NYSE:WLY – Get Rating) by 27.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 330,781 shares of the company’s stock after selling 127,372 shares during the period. Victory Capital Management Inc. owned 0.60% of John Wiley & Sons worth $15,150,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in WLY. Van ECK Associates Corp grew its holdings in John Wiley & Sons by 7.7% in the 4th quarter. Van ECK Associates Corp now owns 265,669 shares of the company’s stock valued at $10,642,000 after buying an additional 18,894 shares during the last quarter. Nordea Investment Management AB grew its holdings in John Wiley & Sons by 1.2% in the 4th quarter. Nordea Investment Management AB now owns 37,782 shares of the company’s stock valued at $1,506,000 after buying an additional 438 shares during the last quarter. Swiss National Bank grew its holdings in John Wiley & Sons by 1.8% in the 4th quarter. Swiss National Bank now owns 107,000 shares of the company’s stock valued at $4,286,000 after buying an additional 1,900 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in John Wiley & Sons by 11.3% in the 4th quarter. Russell Investments Group Ltd. now owns 202,979 shares of the company’s stock valued at $8,131,000 after buying an additional 20,642 shares during the last quarter. Finally, Boston Partners grew its holdings in John Wiley & Sons by 22.1% in the 4th quarter. Boston Partners now owns 461,207 shares of the company’s stock valued at $19,015,000 after buying an additional 83,440 shares during the last quarter. 72.99% of the stock is owned by institutional investors.

John Wiley & Sons Trading Up 2.3 %

Shares of NYSE:WLY opened at $36.73 on Tuesday. John Wiley & Sons, Inc. has a 1-year low of $34.48 and a 1-year high of $54.38. The business’s 50 day moving average is $37.10 and its 200-day moving average is $41.49. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.70 and a quick ratio of 0.65.

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

John Wiley & Sons Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 25th. Stockholders of record on Tuesday, April 11th were issued a dividend of $0.347 per share. This represents a $1.39 annualized dividend and a dividend yield of 3.78%. The ex-dividend date of this dividend was Monday, April 10th. John Wiley & Sons’s payout ratio is presently -817.65%.

Analysts Set New Price Targets

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

Insider Transactions at John Wiley & Sons

In other news, EVP Matthew Leavy sold 4,500 shares of John Wiley & Sons stock in a transaction that occurred on Wednesday, March 29th. The stock was sold at an average price of $37.28, for a total transaction of $167,760.00. Following the sale, the executive vice president now owns 5,184 shares of the company’s stock, valued at approximately $193,259.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.62% of the stock is owned by insiders.

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.