Madison Avenue Partners LP Sells 193,413 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Madison Avenue Partners LP reduced its position in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 8.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,096,793 shares of the company's stock after selling 193,413 shares during the period. John Wiley & Sons comprises approximately 9.7% of Madison Avenue Partners LP's holdings, making the stock its 3rd biggest holding. Madison Avenue Partners LP owned 3.88% of John Wiley & Sons worth $91,651,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of John Wiley & Sons by 15.1% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,700 shares of the company's stock valued at $992,000 after purchasing an additional 2,975 shares in the last quarter. Gotham Asset Management LLC boosted its holdings in John Wiley & Sons by 20.1% during the fourth quarter. Gotham Asset Management LLC now owns 6,560 shares of the company's stock worth $287,000 after buying an additional 1,097 shares in the last quarter. Emmett Investment Management LP bought a new stake in John Wiley & Sons during the fourth quarter worth approximately $559,000. Deutsche Bank AG boosted its stake in John Wiley & Sons by 55.5% in the 4th quarter. Deutsche Bank AG now owns 33,174 shares of the company's stock worth $1,450,000 after purchasing an additional 11,839 shares during the period. Finally, Crestline Management LP acquired a new position in John Wiley & Sons in the 4th quarter worth approximately $297,000. 73.94% of the stock is owned by hedge funds and other institutional investors.

John Wiley & Sons Stock Down 0.5%

Shares of NYSE:WLY traded down $0.23 during trading on Monday, reaching $43.69. 195,027 shares of the company traded hands, compared to its average volume of 370,613. The firm has a market cap of $2.35 billion, a P/E ratio of -48.02 and a beta of 0.95. The firm has a fifty day simple moving average of $43.53 and a 200 day simple moving average of $44.44. 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 1-year low of $34.85 and a 1-year high of $53.96.

John Wiley & Sons (NYSE:WLY - Get Free Report) last announced its earnings results on Thursday, March 6th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.45 by $0.39. The firm had revenue of $404.63 million for the quarter, compared to the consensus estimate 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 anticipate that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were given a $0.3525 dividend. 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 presently 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.