1,528 Shares in John Wiley & Sons, Inc. (NYSE:WLY) Bought by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale bought a new position in John Wiley & Sons, Inc. (NYSE:WLY) in the 4th quarter, Holdings Channel.com reports. The firm bought 1,528 shares of the company’s stock, valued at approximately $48,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in John Wiley & Sons by 2.3% during the third quarter. Vanguard Group Inc. now owns 5,466,223 shares of the company’s stock valued at $203,180,000 after buying an additional 123,637 shares during the period. Nordea Investment Management AB boosted its position in John Wiley & Sons by 72.6% during the third quarter. Nordea Investment Management AB now owns 152,659 shares of the company’s stock valued at $5,781,000 after buying an additional 64,193 shares during the period. GSA Capital Partners LLP purchased a new stake in John Wiley & Sons during the third quarter valued at about $1,619,000. Schroder Investment Management Group boosted its position in John Wiley & Sons by 66.7% during the third quarter. Schroder Investment Management Group now owns 1,099,511 shares of the company’s stock valued at $40,869,000 after buying an additional 439,837 shares during the period. Finally, Advisors Asset Management Inc. boosted its position in John Wiley & Sons by 115.7% during the third quarter. Advisors Asset Management Inc. now owns 112,943 shares of the company’s stock valued at $4,198,000 after buying an additional 60,577 shares during the period. 73.94% of the stock is currently owned by hedge funds and other institutional investors.

John Wiley & Sons Stock Performance

NYSE WLY opened at $36.32 on Thursday. The company has a 50-day simple moving average of $35.95 and a two-hundred day simple moving average of $33.23. The company has a quick ratio of 0.50, a current ratio of 0.54 and a debt-to-equity ratio of 1.20. John Wiley & Sons, Inc. has a 12-month low of $28.83 and a 12-month high of $40.23. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of -12.61 and a beta of 0.91.

John Wiley & Sons (NYSE:WLY) last posted its quarterly earnings results on Thursday, March 7th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.14. The business had revenue of $460.70 million during the quarter, compared to analyst estimates of $392.60 million. John Wiley & Sons had a negative net margin of 8.14% and a positive return on equity of 18.83%. The company’s revenue was down 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.85 earnings per share. On average, equities analysts forecast that John Wiley & Sons, Inc. will post 2.55 EPS for the current year.

John Wiley & Sons Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 25th. Stockholders of record on Tuesday, April 9th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 3.85%. The ex-dividend date is Monday, April 8th. John Wiley & Sons’s dividend payout ratio (DPR) is -48.61%.

Insider Activity

In other news, EVP Jay Flynn sold 6,114 shares of the company’s stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $38.82, for a total transaction of $237,345.48. Following the completion of the transaction, the executive vice president now directly owns 8,069 shares of the company’s stock, valued at $313,238.58. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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.