Crestline Management LP Takes $297,000 Position in John Wiley & Sons, Inc. (NYSE:WLY)

Crestline Management LP acquired a new stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,801 shares of the company's stock, valued at approximately $297,000.

A number of other large investors have also recently bought and sold shares of the stock. Sterling Capital Management LLC raised its holdings in shares of John Wiley & Sons by 686.1% in the fourth quarter. Sterling Capital Management LLC now owns 621 shares of the company's stock worth $27,000 after acquiring an additional 542 shares during the last quarter. Aquatic Capital Management LLC purchased a new stake in shares of John Wiley & Sons in the fourth quarter valued at $34,000. Blue Trust Inc. grew its position in shares of John Wiley & Sons by 114.6% in the fourth 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 period. Meeder Asset Management Inc. purchased a new stake in shares of John Wiley & Sons in the fourth quarter valued at $112,000. Finally, Nisa Investment Advisors LLC grew its position in shares of John Wiley & Sons by 2,578.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company's stock valued at $151,000 after purchasing an additional 3,300 shares during the period. Institutional investors and hedge funds own 73.94% of the company's stock.

John Wiley & Sons Trading Up 0.2%

WLY stock traded up $0.11 during trading on Friday, reaching $43.82. 179,047 shares of the stock traded hands, compared to its average volume of 366,373. The business's 50 day moving average price is $43.59 and its 200-day moving average price is $44.55. John Wiley & Sons, Inc. has a 52-week low of $34.85 and a 52-week high of $53.96. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. The firm has a market capitalization of $2.36 billion, a PE ratio of -48.20 and a beta of 0.95.

John Wiley & Sons (NYSE:WLY - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported $0.84 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $401.10 million. As a group, sell-side analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Tuesday, April 8th were issued a dividend of $0.3525 per share. This represents a $1.41 annualized dividend and a dividend yield of 3.22%. The ex-dividend date of this dividend was Tuesday, April 8th. John Wiley & Sons's dividend payout ratio (DPR) is presently 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.