Crestline Management LP Purchases Shares of 6,801 John Wiley & Sons, Inc. (NYSE:WLY)

Crestline Management LP bought a new stake in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 6,801 shares of the company's stock, valued at approximately $297,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Sterling Capital Management LLC lifted its position in shares of John Wiley & Sons by 686.1% during the 4th quarter. Sterling Capital Management LLC now owns 621 shares of the company's stock worth $27,000 after buying an additional 542 shares during the period. Blue Trust Inc. lifted its holdings in John Wiley & Sons by 114.6% during the 4th quarter. Blue Trust Inc. now owns 749 shares of the company's stock valued at $36,000 after purchasing an additional 400 shares during the last quarter. Aquatic Capital Management LLC bought a new stake in John Wiley & Sons during the fourth quarter worth about $34,000. Meeder Asset Management Inc. acquired a new stake in shares of John Wiley & Sons during the fourth quarter worth approximately $112,000. Finally, Nisa Investment Advisors LLC increased its holdings in shares of John Wiley & Sons by 2,578.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company's stock worth $151,000 after buying an additional 3,300 shares in the last quarter. Institutional investors own 73.94% of the company's stock.

John Wiley & Sons Stock Down 1.6 %

Shares of WLY opened at $44.14 on Friday. The company has a market capitalization of $2.38 billion, a P/E ratio of -48.51 and a beta of 0.95. John Wiley & Sons, Inc. has a one year low of $34.85 and a one year high of $53.96. The business's 50 day simple moving average is $43.60 and its 200-day simple moving average is $44.69. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61.

John Wiley & Sons (NYSE:WLY - Get Free Report) last released its quarterly 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. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. The business had revenue of $404.63 million during the quarter, compared to analysts' expectations of $401.10 million. As a group, sell-side analysts predict that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Announces Dividend

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 dividend of $0.3525 per share. This represents a $1.41 annualized dividend and a yield of 3.19%. The ex-dividend date was Tuesday, April 8th. John Wiley & Sons's dividend payout ratio is 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.

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