Guggenheim Capital LLC Sells 6,989 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Guggenheim Capital LLC lowered its holdings in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 32.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,867 shares of the company's stock after selling 6,989 shares during the period. Guggenheim Capital LLC's holdings in John Wiley & Sons were worth $650,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in WLY. Raymond James Financial Inc. purchased a new position in shares of John Wiley & Sons during the 4th quarter valued at $34,916,000. River Global Investors LLP purchased a new position in shares of John Wiley & Sons during the 4th quarter valued at $7,174,000. JPMorgan Chase & Co. lifted its position in shares of John Wiley & Sons by 29.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company's stock valued at $30,925,000 after buying an additional 145,270 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of John Wiley & Sons by 261.9% during the 4th quarter. Victory Capital Management Inc. now owns 129,423 shares of the company's stock valued at $5,657,000 after buying an additional 93,661 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of John Wiley & Sons during the 4th quarter valued at $3,201,000. Hedge funds and other institutional investors own 73.94% of the company's stock.

John Wiley & Sons Stock Performance

Shares of NYSE WLY traded down $0.54 during trading on Wednesday, reaching $43.60. 457,955 shares of the stock traded hands, compared to its average volume of 357,555. John Wiley & Sons, Inc. has a 52-week low of $34.85 and a 52-week high of $53.96. 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 company has a 50-day moving average of $42.78 and a 200-day moving average of $45.00. The stock has a market capitalization of $2.35 billion, a P/E ratio of -47.91 and a beta of 0.86.

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 analysts' consensus estimates of $0.45 by $0.39. The business had revenue of $404.63 million for the quarter, compared to analysts' expectations of $401.10 million. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. Analysts forecast that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 3.23%. John Wiley & Sons's dividend payout ratio (DPR) is 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.