John Wiley & Sons, Inc. (NYSE:WLY) Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC lowered its stake in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 46.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new position in shares of John Wiley & Sons during the 4th quarter worth approximately $361,000. Oppenheimer & Co. Inc. grew its holdings in shares of 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 buying an additional 567 shares during the last quarter. Vanguard Group Inc. increased its position in shares of John Wiley & Sons by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 5,318,812 shares of the company's stock valued at $232,485,000 after acquiring an additional 21,748 shares during the period. Nisa Investment Advisors LLC increased its position 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 acquiring an additional 3,300 shares during the period. Finally, Northern Trust Corp raised its stake in John Wiley & Sons by 10.9% in the 4th quarter. Northern Trust Corp now owns 440,272 shares of the company's stock worth $19,244,000 after acquiring an additional 43,275 shares during the last quarter. Institutional investors own 73.94% of the company's stock.

John Wiley & Sons Stock Performance

John Wiley & Sons stock traded down $1.50 during trading hours on Wednesday, hitting $41.70. 348,677 shares of the stock traded hands, compared to its average volume of 372,847. The firm's 50 day moving average price is $43.47 and its 200-day moving average price is $44.37. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of -45.82 and a beta of 0.95. John Wiley & Sons, Inc. has a 1 year low of $34.85 and a 1 year high of $53.96.

John Wiley & Sons (NYSE:WLY - Get Free Report) last issued its earnings results on Thursday, March 6th. The company reported $0.84 EPS for the quarter, beating analysts' consensus estimates 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 analyst estimates of $401.10 million. As a group, equities analysts expect that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Dividend Announcement

The firm 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. The ex-dividend date of this dividend was Tuesday, April 8th. This represents a $1.41 annualized dividend and a dividend yield of 3.38%. John Wiley & Sons's dividend payout ratio (DPR) is presently 190.54%.

John Wiley & Sons 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.