John Wiley & Sons, Inc. (NYSE:WLY) Shares Sold by Swiss National Bank

Swiss National Bank decreased its position in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 10.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 95,700 shares of the company’s stock after selling 11,300 shares during the quarter. Swiss National Bank owned 0.17% of John Wiley & Sons worth $3,710,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of WLY. US Bancorp DE lifted its holdings in shares of John Wiley & Sons by 37.4% during the first quarter. US Bancorp DE now owns 1,087 shares of the company’s stock worth $42,000 after purchasing an additional 296 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in John Wiley & Sons by 131.1% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,865 shares of the company’s stock valued at $72,000 after acquiring an additional 1,058 shares during the period. Public Employees Retirement System of Ohio acquired a new position in John Wiley & Sons in the third quarter valued at approximately $109,000. Point72 Middle East FZE acquired a new position in John Wiley & Sons in the fourth quarter valued at approximately $126,000. Finally, Assetmark Inc. lifted its holdings in John Wiley & Sons by 60.1% in the first quarter. Assetmark Inc. now owns 3,913 shares of the company’s stock valued at $152,000 after acquiring an additional 1,469 shares during the period. Institutional investors and hedge funds own 84.57% of the company’s stock.

John Wiley & Sons Trading Down 2.2 %

Shares of NYSE:WLY opened at $36.36 on Friday. John Wiley & Sons, Inc. has a 12-month low of $30.05 and a 12-month high of $49.58. The company has a market capitalization of $2.01 billion, a PE ratio of 125.38 and a beta of 0.99. The business has a 50 day moving average of $34.80 and a two-hundred day moving average of $36.99. The company has a current ratio of 0.60, a quick ratio of 0.57 and a debt-to-equity ratio of 0.71.

John Wiley & Sons (NYSE:WLY) last announced its quarterly earnings results on Thursday, June 15th. The company reported $1.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.46. John Wiley & Sons had a return on equity of 20.42% and a net margin of 0.85%. The company had revenue of $526.13 million during the quarter. During the same period in the previous year, the firm posted $1.08 earnings per share. As a group, analysts forecast that John Wiley & Sons, Inc. will post 2.23 EPS for the current year.

John Wiley & Sons Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 20th. Stockholders of record on Thursday, July 6th were given a $0.35 dividend. The ex-dividend date was Wednesday, July 5th. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.85%. John Wiley & Sons’s payout ratio is 482.76%.

Insider Activity

In other John Wiley & Sons news, Director David C. Dobson acquired 3,000 shares of the business’s stock in a transaction dated Monday, June 26th. The stock was acquired at an average cost of $31.66 per share, for a total transaction of $94,980.00. Following the completion of the transaction, the director now directly owns 7,952 shares of the company’s stock, valued at $251,760.32. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.79% of the company’s stock.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.