John Wiley & Sons, Inc. (NYSE:WLY) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its position in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 3.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,149 shares of the company’s stock after selling 465 shares during the quarter. Yousif Capital Management LLC’s holdings in John Wiley & Sons were worth $675,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WLY. Blue Trust Inc. grew its stake in John Wiley & Sons by 114.6% during the fourth quarter. Blue Trust Inc. now owns 749 shares of the company’s stock worth $36,000 after buying an additional 400 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of John Wiley & Sons by 3.8% during the 4th quarter. Principal Financial Group Inc. now owns 217,071 shares of the company’s stock valued at $9,488,000 after acquiring an additional 7,887 shares in the last quarter. D.A. Davidson & CO. boosted its position in John Wiley & Sons by 39.9% during the 4th quarter. D.A. Davidson & CO. now owns 61,858 shares of the company’s stock worth $2,704,000 after purchasing an additional 17,630 shares during the period. New York State Common Retirement Fund increased its holdings in John Wiley & Sons by 7.4% in the 4th quarter. New York State Common Retirement Fund now owns 297,820 shares of the company’s stock valued at $13,018,000 after purchasing an additional 20,644 shares in the last quarter. Finally, Handelsbanken Fonder AB increased its holdings in John Wiley & Sons by 19.0% in the 4th quarter. Handelsbanken Fonder AB now owns 13,137 shares of the company’s stock valued at $574,000 after purchasing an additional 2,100 shares in the last quarter. 73.94% of the stock is currently owned by institutional investors and hedge funds.

John Wiley & Sons Stock Performance

John Wiley & Sons stock opened at $43.33 on Friday. The firm has a market capitalization of $2.33 billion, a PE ratio of 28.32 and a beta of 0.88. John Wiley & Sons, Inc. has a one year low of $36.50 and a one year high of $53.96. The stock’s 50 day moving average price is $41.79 and its 200 day moving average price is $42.55. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.52 and a current ratio of 0.54.

John Wiley & Sons (NYSE:WLY) last posted its quarterly earnings data on Tuesday, June 17th. The company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.10. The company had revenue of $442.58 million for the quarter, compared to analyst estimates of $435.00 million. John Wiley & Sons had a net margin of 5.02% and a return on equity of 27.42%. The business’s quarterly revenue was down 5.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.21 earnings per share. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were issued a $0.3525 dividend. The ex-dividend date was Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a yield of 3.25%. John Wiley & Sons’s dividend payout ratio is currently 92.16%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded John Wiley & Sons from a “buy” rating to a “strong-buy” rating in a research note on Saturday.

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.