Jacobs Levy Equity Management Inc. Decreases Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Jacobs Levy Equity Management Inc. lowered its stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 27.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 126,912 shares of the company's stock after selling 48,880 shares during the quarter. Jacobs Levy Equity Management Inc. owned about 0.23% of John Wiley & Sons worth $5,547,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Sterling Capital Management LLC grew its holdings in John Wiley & Sons by 686.1% during the 4th quarter. Sterling Capital Management LLC now owns 621 shares of the company's stock valued at $27,000 after purchasing an additional 542 shares during the last quarter. Aquatic Capital Management LLC bought a new position in John Wiley & Sons during the 4th quarter valued at about $34,000. Blue Trust Inc. grew its holdings in John Wiley & Sons by 114.6% during the 4th quarter. Blue Trust Inc. now owns 749 shares of the company's stock valued at $36,000 after purchasing an additional 400 shares during the last quarter. Meeder Asset Management Inc. bought a new position in John Wiley & Sons during the 4th quarter valued at about $112,000. Finally, Nisa Investment Advisors LLC grew its holdings 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 valued at $151,000 after purchasing an additional 3,300 shares during the last quarter. Hedge funds and other institutional investors own 73.94% of the company's stock.

John Wiley & Sons Trading Up 0.1%

John Wiley & Sons stock traded up $0.04 during trading hours on Tuesday, hitting $43.80. The company had a trading volume of 35,021 shares, compared to its average volume of 370,914. The firm has a market cap of $2.36 billion, a P/E ratio of -48.13 and a beta of 0.95. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. John Wiley & Sons, Inc. has a 1 year low of $34.85 and a 1 year high of $53.96. The company has a 50-day moving average price of $43.53 and a two-hundred day moving average price of $44.39.

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 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 analysts' expectations of $401.10 million. On average, sell-side analysts anticipate 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 declared a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were paid a dividend of $0.3525 per share. The ex-dividend date was Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a yield of 3.22%. John Wiley & Sons's payout ratio is 190.54%.

John Wiley & Sons Company 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.