John Wiley & Sons, Inc. (NYSE:WLY) EVP Sells $237,345.48 in Stock

John Wiley & Sons, Inc. (NYSE:WLY - Get Free Report) EVP Jay Flynn sold 6,114 shares of the company's stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of $38.82, for a total transaction of $237,345.48. Following the completion of the transaction, the executive vice president now directly owns 8,069 shares in the company, valued at $313,238.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

John Wiley & Sons Stock Down 2.9 %

John Wiley & Sons stock traded down $1.12 during mid-day trading on Thursday, hitting $38.03. 399,878 shares of the company's stock were exchanged, compared to its average volume of 412,000. The company has a current ratio of 0.54, a quick ratio of 0.50 and a debt-to-equity ratio of 1.20. The stock has a market cap of $2.08 billion, a P/E ratio of -13.20 and a beta of 0.91. John Wiley & Sons, Inc. has a 1-year low of $28.83 and a 1-year high of $40.23. The stock has a 50 day moving average of $35.71 and a two-hundred day moving average of $33.26.

John Wiley & Sons (NYSE:WLY - Get Free Report) last posted its earnings results on Thursday, March 7th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.45 by $0.14. The firm had revenue of $460.70 million for the quarter, compared to the consensus estimate of $392.60 million. John Wiley & Sons had a negative net margin of 8.14% and a positive return on equity of 18.83%. The business's quarterly revenue was down 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.85 earnings per share. As a group, analysts anticipate that John Wiley & Sons, Inc. will post 2.55 EPS for the current fiscal year.

John Wiley & Sons Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 25th. Shareholders of record on Tuesday, April 9th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date is Monday, April 8th. John Wiley & Sons's dividend payout ratio (DPR) is -48.61%.

Institutional Investors Weigh In On John Wiley & Sons

Hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC lifted its stake in shares of John Wiley & Sons by 96.9% in the first quarter. GAMMA Investing LLC now owns 754 shares of the company's stock valued at $29,000 after buying an additional 371 shares during the period. Daiwa Securities Group Inc. bought a new position in John Wiley & Sons during the fourth quarter worth about $29,000. DekaBank Deutsche Girozentrale bought a new position in John Wiley & Sons during the fourth quarter worth about $48,000. Adirondack Trust Co. acquired a new stake in shares of John Wiley & Sons during the third quarter worth approximately $63,000. Finally, Osaic Holdings Inc. increased its holdings in shares of John Wiley & Sons by 43.5% during the second quarter. Osaic Holdings Inc. now owns 1,909 shares of the company's stock worth $36,000 after buying an additional 579 shares in the last quarter. 73.94% of the stock is currently owned by institutional investors.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.