Emmett Investment Management LP Takes Position in John Wiley & Sons, Inc. (NYSE:WLY)

Emmett Investment Management LP bought a new position in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,800 shares of the company's stock, valued at approximately $559,000. John Wiley & Sons comprises approximately 0.5% of Emmett Investment Management LP's portfolio, making the stock its 26th largest position.

Other hedge funds have also modified their holdings of the company. KLP Kapitalforvaltning AS acquired a new stake in shares of John Wiley & Sons in the fourth quarter worth approximately $361,000. Oppenheimer & Co. Inc. boosted its position in shares of John Wiley & Sons by 9.6% in the fourth quarter. Oppenheimer & Co. Inc. now owns 6,487 shares of the company's stock worth $284,000 after acquiring an additional 567 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of John Wiley & Sons by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 5,318,812 shares of the company's stock worth $232,485,000 after acquiring an additional 21,748 shares during the last quarter. Nisa Investment Advisors LLC boosted 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 worth $151,000 after acquiring an additional 3,300 shares during the last quarter. Finally, Amundi boosted its position in shares of John Wiley & Sons by 191.0% in the fourth quarter. Amundi now owns 21,121 shares of the company's stock worth $904,000 after acquiring an additional 13,863 shares during the last quarter. 73.94% of the stock is owned by institutional investors and hedge funds.

John Wiley & Sons Trading Down 1.6%

Shares of WLY traded down $0.72 during mid-day trading on Friday, hitting $44.14. The company had a trading volume of 575,795 shares, compared to its average volume of 362,633. The business's 50-day simple moving average is $43.60 and its 200-day simple moving average is $44.65. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26. John Wiley & Sons, Inc. has a 1-year low of $34.85 and a 1-year high of $53.96. The stock has a market cap of $2.38 billion, a PE ratio of -48.51 and a beta of 0.95.

John Wiley & Sons (NYSE:WLY - Get Free Report) last announced its quarterly earnings results on Thursday, March 6th. The company reported $0.84 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.39. The firm had revenue of $404.63 million for the quarter, compared to analysts' expectations of $401.10 million. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. 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 firm also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were given a dividend of $0.3525 per share. The ex-dividend date of this dividend was Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a yield of 3.19%. John Wiley & Sons's dividend payout ratio (DPR) 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.