NorthRock Partners LLC Sells 9,925 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

NorthRock Partners LLC trimmed its stake in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 31.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,464 shares of the company's stock after selling 9,925 shares during the quarter. NorthRock Partners LLC's holdings in John Wiley & Sons were worth $938,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS bought a new position in John Wiley & Sons during the fourth quarter valued at approximately $361,000. Oppenheimer & Co. Inc. lifted its stake in John Wiley & Sons by 9.6% in the fourth quarter. Oppenheimer & Co. Inc. now owns 6,487 shares of the company's stock valued at $284,000 after acquiring an additional 567 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of John Wiley & Sons by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 5,318,812 shares of the company's stock worth $232,485,000 after buying an additional 21,748 shares during the period. Nisa Investment Advisors LLC raised its holdings in 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 valued at $151,000 after acquiring an additional 3,300 shares during the period. Finally, Northern Trust Corp lifted its position in John Wiley & Sons by 10.9% during the fourth quarter. Northern Trust Corp now owns 440,272 shares of the company's stock worth $19,244,000 after acquiring an additional 43,275 shares during the last quarter. Institutional investors own 73.94% of the company's stock.

John Wiley & Sons Price Performance

Shares of NYSE WLY traded up $0.00 during midday trading on Tuesday, reaching $43.76. The company's stock had a trading volume of 63,943 shares, compared to its average volume of 371,032. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. 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 $2.36 billion, a P/E ratio of -48.01 and a beta of 0.95. The business's 50 day moving average price is $43.53 and its two-hundred day moving average price is $44.39.

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 analysts' consensus estimates 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 business had revenue of $404.63 million during the quarter, compared to analysts' expectations of $401.10 million. On average, analysts forecast that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Tuesday, April 8th were given a $0.3525 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date of this dividend was Tuesday, April 8th. John Wiley & Sons's payout ratio is currently 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.