First Trust Advisors LP Takes $3.44 Million Position in John Wiley & Sons, Inc. (NYSE:WLY)

First Trust Advisors LP purchased a new stake in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 78,620 shares of the company's stock, valued at approximately $3,436,000. First Trust Advisors LP owned about 0.15% of John Wiley & Sons as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Franklin Resources Inc. lifted its holdings in shares of John Wiley & Sons by 14.5% during the third quarter. Franklin Resources Inc. now owns 25,192 shares of the company's stock worth $1,254,000 after buying an additional 3,193 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of John Wiley & Sons by 0.8% during the third quarter. Principal Financial Group Inc. now owns 209,184 shares of the company's stock valued at $10,093,000 after buying an additional 1,600 shares during the last quarter. JPMorgan Chase & Co. grew its position in John Wiley & Sons by 29.3% during the third quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company's stock worth $30,925,000 after buying an additional 145,270 shares in the last quarter. Nordea Investment Management AB increased its stake in John Wiley & Sons by 8.1% during the fourth quarter. Nordea Investment Management AB now owns 151,005 shares of the company's stock valued at $6,655,000 after acquiring an additional 11,340 shares during the period. Finally, Nisa Investment Advisors LLC raised its holdings in 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 in the last quarter. Institutional investors own 73.94% of the company's stock.

John Wiley & Sons Stock Performance

John Wiley & Sons stock traded down $0.75 on Friday, hitting $44.11. The company's stock had a trading volume of 121,878 shares, compared to its average volume of 411,466. The company has a fifty day moving average price of $43.47 and a 200-day moving average price of $44.75. The firm has a market cap of $2.38 billion, a P/E ratio of -48.47 and a beta of 0.95. John Wiley & Sons, Inc. has a one year low of $34.85 and a one year high of $53.96. 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 (NYSE:WLY - Get Free Report) last posted its quarterly earnings results 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. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The firm had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. On average, equities analysts anticipate that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Tuesday, April 8th were paid 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 dividend yield of 3.20%. John Wiley & Sons's dividend payout ratio (DPR) is presently 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.