Allspring Global Investments Holdings LLC Has $88,000 Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Allspring Global Investments Holdings LLC lifted its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 5,897.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 2,759 shares of the company’s stock after acquiring an additional 2,713 shares during the period. Allspring Global Investments Holdings LLC’s holdings in John Wiley & Sons were worth $88,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Ceredex Value Advisors LLC acquired a new stake in John Wiley & Sons during the 4th quarter worth $6,779,000. Vanguard Group Inc. boosted its position in shares of John Wiley & Sons by 2.3% in the 3rd quarter. Vanguard Group Inc. now owns 5,466,223 shares of the company’s stock worth $203,180,000 after purchasing an additional 123,637 shares during the last quarter. Nordea Investment Management AB grew its stake in shares of John Wiley & Sons by 72.6% during the third quarter. Nordea Investment Management AB now owns 152,659 shares of the company’s stock worth $5,781,000 after purchasing an additional 64,193 shares during the period. GSA Capital Partners LLP bought a new stake in John Wiley & Sons in the third quarter valued at about $1,619,000. Finally, Schroder Investment Management Group lifted its stake in John Wiley & Sons by 66.7% in 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. 73.94% of the stock is owned by institutional investors.

John Wiley & Sons Price Performance

John Wiley & Sons stock opened at $38.54 on Tuesday. The company has a current ratio of 0.54, a quick ratio of 0.50 and a debt-to-equity ratio of 1.20. The firm has a market capitalization of $2.11 billion, a P/E ratio of -13.38 and a beta of 0.91. The business has a 50-day moving average of $36.63 and a 200-day moving average of $33.47. John Wiley & Sons, Inc. has a 1 year low of $28.83 and a 1 year high of $40.23.

John Wiley & Sons (NYSE:WLY) last issued its quarterly earnings data on Thursday, March 7th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.14. The firm had revenue of $460.70 million during the quarter, compared to analysts’ expectations 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 business’s revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.85 earnings per share. On average, equities analysts anticipate that John Wiley & Sons, Inc. will post 2.55 EPS for the current year.

John Wiley & Sons Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 25th. Investors of record on Tuesday, April 9th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 3.63%. The ex-dividend date was Monday, April 8th. John Wiley & Sons’s payout ratio is presently -48.61%.

Insiders Place Their Bets

In other John Wiley & Sons news, EVP Jay Flynn sold 6,114 shares of the stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of $38.82, for a total value of $237,345.48. Following the completion of the sale, the executive vice president now directly owns 8,069 shares in the company, valued at $313,238.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.79% of the company’s stock.

John Wiley & Sons 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.