Nebula Research & Development LLC Cuts Stake in John Wiley & Sons, Inc. (NYSE:WLY)

Nebula Research & Development LLC trimmed its position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 31.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,942 shares of the company's stock after selling 7,410 shares during the quarter. Nebula Research & Development LLC's holdings in John Wiley & Sons were worth $697,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in John Wiley & Sons in the 4th quarter valued at $34,916,000. River Global Investors LLP purchased a new stake in shares of John Wiley & Sons in the fourth quarter valued at about $7,174,000. JPMorgan Chase & Co. increased its position in John Wiley & Sons by 29.3% during the third quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company's stock worth $30,925,000 after purchasing an additional 145,270 shares during the last quarter. Victory Capital Management Inc. raised its stake in John Wiley & Sons by 261.9% during the fourth quarter. Victory Capital Management Inc. now owns 129,423 shares of the company's stock worth $5,657,000 after purchasing an additional 93,661 shares during the period. Finally, First Trust Advisors LP purchased a new position in John Wiley & Sons during the fourth quarter worth about $3,436,000. 73.94% of the stock is owned by institutional investors and hedge funds.

John Wiley & Sons Trading Up 1.5 %

Shares of NYSE WLY traded up $0.67 during midday trading on Friday, reaching $44.32. 328,420 shares of the stock were exchanged, compared to its average volume of 359,617. The stock has a market capitalization of $2.39 billion, a P/E ratio of -48.70 and a beta of 0.86. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. The company has a 50 day simple moving average of $43.03 and a 200 day simple moving average of $44.83. John Wiley & Sons, Inc. has a twelve month low of $34.85 and a twelve month high of $53.96.

John Wiley & Sons (NYSE:WLY - Get Free Report) last posted 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. 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 during the quarter, compared to analysts' expectations of $401.10 million. As a group, equities analysts expect that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Announces Dividend

The business also recently announced 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. This represents a $1.41 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend was Tuesday, April 8th. John Wiley & Sons's dividend payout ratio (DPR) is presently 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.