John Wiley & Sons, Inc. (NYSE:WLY) Holdings Raised by Northern Trust Corp

Northern Trust Corp lifted its position in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 10.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 440,272 shares of the company’s stock after acquiring an additional 43,275 shares during the period. Northern Trust Corp owned about 0.81% of John Wiley & Sons worth $19,244,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in WLY. Raymond James Financial Inc. acquired a new stake in shares of John Wiley & Sons during the fourth quarter worth $34,916,000. River Global Investors LLP bought a new stake in shares of John Wiley & Sons during the 4th quarter valued at about $7,174,000. Victory Capital Management Inc. raised its stake in John Wiley & Sons by 261.9% during the fourth quarter. Victory Capital Management Inc. now owns 129,423 shares of the company’s stock worth $5,657,000 after acquiring an additional 93,661 shares during the period. First Trust Advisors LP bought a new position in John Wiley & Sons in the fourth quarter worth about $3,436,000. Finally, Norges Bank acquired a new position in John Wiley & Sons in the fourth quarter valued at approximately $3,201,000. 73.94% of the stock is currently owned by institutional investors.

John Wiley & Sons Stock Down 0.4%

Shares of John Wiley & Sons stock opened at $43.34 on Wednesday. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of -47.63 and a beta of 0.95. John Wiley & Sons, Inc. has a twelve month low of $34.85 and a twelve month high of $53.96. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26. The business’s 50 day simple moving average is $43.71 and its 200-day simple moving average is $44.61.

John Wiley & Sons (NYSE:WLY) last posted its earnings results on Thursday, March 6th. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.39. The company had revenue of $404.63 million for the quarter, compared to analysts’ expectations of $401.10 million. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. Equities research analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were paid a $0.3525 dividend. The ex-dividend date was Tuesday, April 8th. This represents a $1.41 annualized dividend and a dividend yield of 3.25%. John Wiley & Sons’s payout ratio is currently 190.54%.

John Wiley & Sons Profile

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.