John Wiley & Sons, Inc. (NYSE:WLY) Shares Purchased by Northern Trust Corp

Northern Trust Corp boosted its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 10.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 440,272 shares of the company's stock after buying an additional 43,275 shares during the period. Northern Trust Corp owned approximately 0.81% of John Wiley & Sons worth $19,244,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Sterling Capital Management LLC increased its position 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 buying an additional 542 shares in the last quarter. Aquatic Capital Management LLC acquired a new position in John Wiley & Sons during the 4th quarter valued at about $34,000. Blue Trust Inc. increased its holdings in shares of John Wiley & Sons by 114.6% in the fourth 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 period. Meeder Asset Management Inc. purchased a new position in shares of John Wiley & Sons in the fourth quarter worth about $112,000. Finally, Nisa Investment Advisors LLC raised its stake in shares of John Wiley & Sons by 2,578.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company's stock worth $151,000 after purchasing an additional 3,300 shares during the last quarter. 73.94% of the stock is owned by institutional investors and hedge funds.

John Wiley & Sons Stock Performance

Shares of NYSE:WLY traded down $0.19 during trading on Monday, hitting $43.73. The stock had a trading volume of 560,175 shares, compared to its average volume of 372,214. John Wiley & Sons, Inc. has a 12-month low of $34.85 and a 12-month high of $53.96. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of -48.05 and a beta of 0.95. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26. The stock has a 50-day simple moving average of $43.53 and a two-hundred day simple moving average of $44.39.

John Wiley & Sons (NYSE:WLY - Get Free Report) last announced its quarterly earnings data 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 positive return on equity of 24.14% and a negative net margin of 2.82%. The firm had revenue of $404.63 million during the quarter, compared to analysts' expectations of $401.10 million. On average, equities research analysts expect that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Tuesday, April 8th were paid a $0.3525 dividend. This represents a $1.41 annualized dividend and a dividend yield of 3.22%. The ex-dividend date of this dividend was Tuesday, April 8th. 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.