John Wiley & Sons, Inc. (NYSE:WLY) Position Lifted by Alta Fox Capital Management LLC

Alta Fox Capital Management LLC boosted its holdings in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 171.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 347,047 shares of the company's stock after purchasing an additional 219,349 shares during the quarter. John Wiley & Sons makes up approximately 5.4% of Alta Fox Capital Management LLC's holdings, making the stock its 7th biggest position. Alta Fox Capital Management LLC owned 0.64% of John Wiley & Sons worth $15,169,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Sterling Capital Management LLC boosted its position in shares of 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 acquiring an additional 542 shares during the last quarter. Blue Trust Inc. grew its stake in John Wiley & Sons by 114.6% in the fourth quarter. Blue Trust Inc. now owns 749 shares of the company's stock worth $36,000 after purchasing an additional 400 shares in the last quarter. Aquatic Capital Management LLC bought a new stake in shares of John Wiley & Sons in the fourth quarter valued at about $34,000. Meeder Asset Management Inc. purchased a new stake in shares of John Wiley & Sons in the 4th quarter worth approximately $112,000. Finally, Nisa Investment Advisors LLC raised its position in shares of 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 worth $151,000 after acquiring an additional 3,300 shares in the last quarter. 73.94% of the stock is owned by hedge funds and other institutional investors.

John Wiley & Sons Stock Up 0.5 %

Shares of WLY stock traded up $0.22 during trading hours on Tuesday, reaching $44.56. 278,040 shares of the company's stock were exchanged, compared to its average volume of 359,873. John Wiley & Sons, Inc. has a fifty-two week low of $34.85 and a fifty-two week high of $53.96. The company has a market cap of $2.40 billion, a price-to-earnings ratio of -48.97 and a beta of 0.95. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26. The stock's 50 day moving average is $43.13 and its 200-day moving average is $44.79.

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

John Wiley & Sons Announces Dividend

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 dividend of $0.3525 per share. This represents a $1.41 annualized dividend and a dividend yield of 3.16%. The ex-dividend date was Tuesday, April 8th. John Wiley & Sons's payout ratio is 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.