Northern Trust Corp Acquires 43,275 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Northern Trust Corp lifted its position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 10.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 440,272 shares of the company's stock after buying an additional 43,275 shares during the quarter. Northern Trust Corp owned approximately 0.81% of John Wiley & Sons worth $19,244,000 at the end of the most recent quarter.

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

John Wiley & Sons Trading Up 0.4%

NYSE WLY traded up $0.16 during trading hours on Friday, hitting $43.87. 990,999 shares of the company were exchanged, compared to its average volume of 370,472. The stock has a 50-day moving average price of $43.53 and a 200 day moving average price of $44.51. 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, Inc. has a 52 week low of $34.85 and a 52 week high of $53.96. The stock has a market cap of $2.36 billion, a PE ratio of -48.21 and a beta of 0.95.

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 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 company had revenue of $404.63 million for the quarter, compared to analysts' expectations of $401.10 million. Analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Dividend Announcement

The business also recently disclosed 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 annualized dividend and a yield of 3.21%. John Wiley & Sons's payout ratio is currently 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.