Renaissance Technologies LLC Decreases Stock Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Renaissance Technologies LLC reduced its stake in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 60.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,900 shares of the company's stock after selling 50,200 shares during the quarter. Renaissance Technologies LLC owned approximately 0.06% of John Wiley & Sons worth $1,438,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Invesco Ltd. lifted its stake in shares of John Wiley & Sons by 4.8% in the 4th quarter. Invesco Ltd. now owns 664,390 shares of the company's stock valued at $29,040,000 after purchasing an additional 30,389 shares during the period. Wells Fargo & Company MN lifted its position in John Wiley & Sons by 48.9% during the fourth quarter. Wells Fargo & Company MN now owns 116,687 shares of the company's stock valued at $5,100,000 after buying an additional 38,341 shares during the period. ExodusPoint Capital Management LP purchased a new position in John Wiley & Sons during the fourth quarter valued at $1,033,000. Geode Capital Management LLC boosted its holdings in shares of John Wiley & Sons by 4.1% during the 4th quarter. Geode Capital Management LLC now owns 917,596 shares of the company's stock valued at $40,117,000 after buying an additional 35,888 shares in the last quarter. Finally, Meeder Asset Management Inc. purchased a new position in John Wiley & Sons during the 4th quarter valued at about $112,000. 73.94% of the stock is currently owned by institutional investors.

John Wiley & Sons Stock Up 1.4 %

Shares of NYSE WLY traded up $0.63 on Friday, reaching $44.28. 147,481 shares of the company's stock traded hands, compared to its average volume of 357,875. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26. The business's 50 day simple moving average is $42.94 and its two-hundred day simple moving average is $44.95. John Wiley & Sons, Inc. has a 12 month low of $34.85 and a 12 month high of $53.96. The company has a market cap of $2.38 billion, a price-to-earnings ratio of -48.73 and a beta of 0.86.

John Wiley & Sons (NYSE:WLY - Get Free Report) last released 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. 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 for the quarter, compared to the consensus estimate of $401.10 million. As a group, equities research analysts forecast that John Wiley & Sons, Inc. will post 3.42 EPS 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. Stockholders of record on Tuesday, April 8th were issued a dividend of $0.3525 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend was Tuesday, April 8th. John Wiley & Sons's payout ratio is 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.