Dimensional Fund Advisors LP Sells 148,434 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Dimensional Fund Advisors LP cut its position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 9.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,507,194 shares of the company's stock after selling 148,434 shares during the quarter. Dimensional Fund Advisors LP owned about 2.79% of John Wiley & Sons worth $65,880,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of WLY. Sterling Capital Management LLC increased its stake in shares of John Wiley & Sons by 686.1% during the fourth quarter. Sterling Capital Management LLC now owns 621 shares of the company's stock valued at $27,000 after purchasing an additional 542 shares in the last quarter. Blue Trust Inc. raised 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 valued at $36,000 after buying an additional 400 shares during the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of John Wiley & Sons in the fourth quarter worth $112,000. 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 valued at $151,000 after acquiring an additional 3,300 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of John Wiley & Sons by 21.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company's stock valued at $151,000 after acquiring an additional 603 shares in the last quarter. 73.94% of the stock is currently owned by institutional investors.

John Wiley & Sons Stock Up 1.0 %

WLY stock traded up $0.44 during trading on Wednesday, hitting $44.90. 34,490 shares of the stock traded hands, compared to its average volume of 358,598. 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 stock has a market cap of $2.42 billion, a price-to-earnings ratio of -49.37 and a beta of 0.95. John Wiley & Sons, Inc. has a 1 year low of $34.85 and a 1 year high of $53.96. The firm's 50 day moving average is $43.25 and its two-hundred day moving average is $44.79.

John Wiley & Sons (NYSE:WLY - Get Free Report) last announced its quarterly earnings data on Thursday, March 6th. The company reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.39. The company had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. On average, sell-side analysts anticipate that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were given a $0.3525 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date was Tuesday, April 8th. John Wiley & Sons's dividend payout ratio (DPR) 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.