John Wiley & Sons, Inc. (NYSE:WLY) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. decreased its position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 8.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 164,050 shares of the company's stock after selling 15,003 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.30% of John Wiley & Sons worth $7,172,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sterling Capital Management LLC grew its position in 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 purchasing an additional 542 shares during the last quarter. Blue Trust Inc. grew its position in 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 last quarter. Aquatic Capital Management LLC purchased a new position in John Wiley & Sons during the 4th quarter worth $34,000. Meeder Asset Management Inc. purchased a new position in John Wiley & Sons during the 4th quarter worth $112,000. Finally, Nisa Investment Advisors LLC grew its position in John Wiley & Sons by 2,578.1% during the 4th 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 during the last quarter. 73.94% of the stock is owned by hedge funds and other institutional investors.

John Wiley & Sons Stock Performance

John Wiley & Sons stock traded down $0.39 during midday trading on Wednesday, hitting $40.30. 7,211 shares of the company's stock were exchanged, compared to its average volume of 374,307. John Wiley & Sons, Inc. has a 12-month low of $34.85 and a 12-month high of $53.96. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of -44.30 and a beta of 0.95. The firm's 50 day simple moving average is $43.17 and its 200 day simple moving average is $44.04.

John Wiley & Sons (NYSE:WLY - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.39. The company had revenue of $404.63 million for the quarter, compared to the consensus estimate of $401.10 million. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. Equities research analysts predict that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Tuesday, April 8th were given a $0.3525 dividend. 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 3.50%. John Wiley & Sons's payout ratio is currently 190.54%.

About John Wiley & Sons

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.