12,800 Shares in John Wiley & Sons, Inc. (NYSE:WLY) Bought by Emmett Investment Management LP

Emmett Investment Management LP purchased a new position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 12,800 shares of the company's stock, valued at approximately $559,000. John Wiley & Sons comprises about 0.5% of Emmett Investment Management LP's holdings, making the stock its 26th largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sterling Capital Management LLC increased its holdings 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 last quarter. Aquatic Capital Management LLC purchased a new position in shares of John Wiley & Sons during the 4th quarter worth approximately $34,000. Blue Trust Inc. boosted its position in shares of John Wiley & Sons by 114.6% during the 4th quarter. Blue Trust Inc. now owns 749 shares of the company's stock worth $36,000 after purchasing an additional 400 shares during the period. Meeder Asset Management Inc. purchased a new stake in John Wiley & Sons in the fourth quarter valued at approximately $112,000. Finally, Nisa Investment Advisors LLC lifted its stake in 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 purchasing an additional 3,300 shares in the last quarter. Institutional investors and hedge funds own 73.94% of the company's stock.

John Wiley & Sons Trading Down 0.2%

NYSE:WLY traded down $0.08 during trading hours on Wednesday, reaching $43.30. 225,750 shares of the stock were exchanged, compared to its average volume of 365,124. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26. The business has a 50-day moving average of $43.71 and a two-hundred day moving average of $44.61. John Wiley & Sons, Inc. has a twelve month low of $34.85 and a twelve month high of $53.96. The company has a market capitalization of $2.33 billion, a price-to-earnings ratio of -47.58 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 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 company had revenue of $404.63 million for the quarter, compared to analysts' expectations of $401.10 million. On average, equities analysts predict that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Tuesday, April 8th were paid a dividend of $0.3525 per share. The ex-dividend date was Tuesday, April 8th. This represents a $1.41 annualized dividend and a yield of 3.26%. John Wiley & Sons's payout ratio is 190.54%.

John Wiley & Sons Company 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.