Nuveen Asset Management LLC Trims Stake in John Wiley & Sons, Inc. (NYSE:WLY)

Nuveen Asset Management LLC decreased its stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 16.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 305,704 shares of the company's stock after selling 59,486 shares during the period. Nuveen Asset Management LLC owned 0.57% of John Wiley & Sons worth $13,362,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in WLY. Sterling Capital Management LLC raised its position in John Wiley & Sons by 686.1% in the fourth quarter. Sterling Capital Management LLC now owns 621 shares of the company's stock worth $27,000 after acquiring an additional 542 shares during the period. Aquatic Capital Management LLC bought a new stake in John Wiley & Sons in the fourth quarter worth about $34,000. Blue Trust Inc. raised its position in John Wiley & Sons by 114.6% in the fourth quarter. Blue Trust Inc. now owns 749 shares of the company's stock worth $36,000 after acquiring an additional 400 shares during the period. Meeder Asset Management Inc. bought a new stake in John Wiley & Sons in the fourth quarter worth about $112,000. Finally, Smartleaf Asset Management LLC raised its position in John Wiley & Sons by 21.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company's stock worth $151,000 after acquiring an additional 603 shares during the period. Institutional investors own 73.94% of the company's stock.

John Wiley & Sons Stock Performance

WLY stock traded down $0.21 during mid-day trading on Friday, hitting $39.09. The company had a trading volume of 431,542 shares, compared to its average volume of 377,683. The firm has a market cap of $2.11 billion, a PE ratio of -42.96 and a beta of 0.95. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. John Wiley & Sons, Inc. has a 12 month low of $34.85 and a 12 month high of $53.96. The stock's fifty day moving average price is $42.86 and its two-hundred day moving average price is $43.75.

John Wiley & Sons (NYSE:WLY - Get Free Report) last released its quarterly earnings data 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. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The business had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. On average, analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Tuesday, April 8th were paid a $0.3525 dividend. The ex-dividend date was Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a yield of 3.61%. John Wiley & Sons's dividend 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.