Dimensional Fund Advisors LP Has $65.88 Million Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

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

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Sterling Capital Management LLC grew its position 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 valued at $27,000 after purchasing an additional 542 shares during the last quarter. 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. Meeder Asset Management Inc. purchased a new position in John Wiley & Sons in the fourth quarter valued at about $112,000. Nisa Investment Advisors LLC lifted its position in John Wiley & Sons by 2,578.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company's stock worth $151,000 after acquiring an additional 3,300 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its position 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 worth $151,000 after purchasing an additional 603 shares in the last quarter. Institutional investors and hedge funds own 73.94% of the company's stock.

John Wiley & Sons Stock Up 0.4 %

WLY traded up $0.18 during trading on Wednesday, hitting $44.64. The company had a trading volume of 327,277 shares, compared to its average volume of 360,392. The company has a market cap of $2.40 billion, a PE ratio of -49.05 and a beta of 0.95. 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, Inc. has a 1-year low of $34.85 and a 1-year high of $53.96. The business has a 50-day moving average of $43.34 and a 200-day moving average of $44.79.

John Wiley & Sons (NYSE:WLY - Get Free Report) 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 firm 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%. As a group, analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Tuesday, April 8th were given a dividend of $0.3525 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date of this dividend was Tuesday, April 8th. John Wiley & Sons's dividend payout ratio (DPR) is presently 190.54%.

About John Wiley & Sons

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.