John Wiley & Sons, Inc. (NYSE:WLY) Position Cut by BNP Paribas Financial Markets

BNP Paribas Financial Markets cut its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 60.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,079 shares of the company's stock after selling 7,736 shares during the period. BNP Paribas Financial Markets' holdings in John Wiley & Sons were worth $222,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in 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 purchasing an additional 21,748 shares in the last quarter. William Blair Investment Management LLC raised its stake in John Wiley & Sons by 2.5% during the fourth quarter. William Blair Investment Management LLC now owns 1,053,035 shares of the company's stock valued at $46,028,000 after buying an additional 25,667 shares in the last quarter. Geode Capital Management LLC raised its stake in John Wiley & Sons by 4.1% during the fourth quarter. Geode Capital Management LLC now owns 917,596 shares of the company's stock valued at $40,117,000 after buying an additional 35,888 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in John Wiley & Sons during the fourth quarter valued at approximately $34,916,000. Finally, Charles Schwab Investment Management Inc. raised its stake in John Wiley & Sons by 1.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 691,828 shares of the company's stock valued at $30,240,000 after buying an additional 6,776 shares in the last quarter. 73.94% of the stock is currently owned by institutional investors and hedge funds.

John Wiley & Sons Stock Down 1.2%

NYSE WLY traded down $0.47 on Monday, hitting $38.65. 288,403 shares of the stock traded hands, compared to its average volume of 377,323. The stock has a 50-day moving average of $42.74 and a 200 day moving average of $43.60. 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 $2.08 billion, a P/E ratio of -42.47 and a beta of 0.95. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26.

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 (EPS) for the quarter, beating 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 firm had revenue of $404.63 million for the quarter, compared to analysts' expectations of $401.10 million. As a group, analysts expect that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were paid a dividend of $0.3525 per share. This represents a $1.41 annualized dividend and a yield of 3.65%. The ex-dividend date of this dividend was Tuesday, April 8th. John Wiley & Sons's payout ratio is currently 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.