GAMMA Investing LLC Has $3.11 Million Position in John Wiley & Sons, Inc. (NYSE:WLY)

GAMMA Investing LLC increased its position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 5,949.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,692 shares of the company's stock after acquiring an additional 68,540 shares during the quarter. GAMMA Investing LLC owned about 0.13% of John Wiley & Sons worth $3,105,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WLY. KLP Kapitalforvaltning AS bought a new position in shares of John Wiley & Sons in the 4th quarter worth $361,000. Oppenheimer & Co. Inc. grew its holdings in John Wiley & Sons by 9.6% during the fourth quarter. Oppenheimer & Co. Inc. now owns 6,487 shares of the company's stock valued at $284,000 after purchasing an additional 567 shares during the period. Vanguard Group Inc. increased 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 valued at $232,485,000 after purchasing an additional 21,748 shares in the last quarter. Northern Trust Corp boosted its position in shares of John Wiley & Sons by 10.9% during the fourth quarter. Northern Trust Corp now owns 440,272 shares of the company's stock worth $19,244,000 after purchasing an additional 43,275 shares in the last quarter. Finally, Deutsche Bank AG boosted its position in shares of John Wiley & Sons by 55.5% during the fourth quarter. Deutsche Bank AG now owns 33,174 shares of the company's stock worth $1,450,000 after purchasing an additional 11,839 shares in the last quarter. 73.94% of the stock is currently owned by institutional investors and hedge funds.

John Wiley & Sons Trading Down 1.1%

John Wiley & Sons stock traded down $0.43 during mid-day trading on Thursday, hitting $38.57. 356,884 shares of the company's stock were exchanged, compared to its average volume of 379,911. John Wiley & Sons, Inc. has a fifty-two week low of $37.30 and a fifty-two week high of $53.96. The company's 50 day simple moving average is $41.89 and its 200-day simple moving average is $43.01. The firm has a market capitalization of $2.08 billion, a P/E ratio of -42.38 and a beta of 0.88. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were paid a $0.3525 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 3.66%. 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.