ProShare Advisors LLC Has $7.88 Million Stock Position in John Wiley & Sons, Inc. (NYSE:WLY)

ProShare Advisors LLC lowered its stake in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 46.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 180,316 shares of the company's stock after selling 157,054 shares during the period. ProShare Advisors LLC owned 0.33% of John Wiley & Sons worth $7,882,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Sterling Capital Management LLC increased its holdings in John Wiley & Sons by 686.1% during the fourth quarter. Sterling Capital Management LLC now owns 621 shares of the company's stock worth $27,000 after buying an additional 542 shares during the last quarter. Aquatic Capital Management LLC bought a new position in shares of John Wiley & Sons in the 4th quarter valued at about $34,000. Blue Trust Inc. grew its position in shares of John Wiley & Sons by 114.6% in the 4th quarter. Blue Trust Inc. now owns 749 shares of the company's stock valued at $36,000 after acquiring an additional 400 shares during the period. Meeder Asset Management Inc. acquired a new position in shares of John Wiley & Sons during the 4th quarter worth about $112,000. Finally, Nisa Investment Advisors LLC raised its holdings in shares of John Wiley & Sons by 2,578.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company's stock valued at $151,000 after purchasing an additional 3,300 shares during the period. Institutional investors own 73.94% of the company's stock.

John Wiley & Sons Stock Performance

NYSE:WLY traded down $0.25 during mid-day trading on Friday, hitting $40.74. The stock had a trading volume of 87,791 shares, compared to its average volume of 372,960. John Wiley & Sons, Inc. has a twelve month low of $34.85 and a twelve 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 $2.19 billion, a price-to-earnings ratio of -44.76 and a beta of 0.95. The company's 50 day simple moving average is $43.40 and its 200 day simple moving average is $44.31.

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 (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 business had revenue of $404.63 million during the quarter, compared to the consensus estimate of $401.10 million. On average, equities research analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Tuesday, April 8th were issued a dividend of $0.3525 per share. This represents a $1.41 annualized dividend and a dividend yield of 3.46%. The ex-dividend date was Tuesday, April 8th. John Wiley & Sons's payout ratio is 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.