John Wiley & Sons, Inc. (NYSE:WLY) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC cut its holdings 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 disclosure with the Securities and Exchange Commission. The institutional investor owned 32,900 shares of the company's stock after selling 50,200 shares during the period. Renaissance Technologies LLC owned 0.06% of John Wiley & Sons worth $1,438,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Blue Trust Inc. increased its stake in shares of John Wiley & Sons by 114.6% in the fourth quarter. Blue Trust Inc. now owns 749 shares of the company's stock worth $36,000 after acquiring an additional 400 shares during the period. Meeder Asset Management Inc. purchased a new stake in shares of John Wiley & Sons during the 4th quarter worth about $112,000. Nisa Investment Advisors LLC grew its holdings in John Wiley & Sons by 2,578.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company's stock valued at $151,000 after purchasing an additional 3,300 shares during the period. Smartleaf Asset Management LLC increased its position in shares of John Wiley & Sons by 21.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company's stock valued at $151,000 after buying an additional 603 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of John Wiley & Sons by 10.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company's stock valued at $161,000 after buying an additional 350 shares in the last quarter. Hedge funds and other institutional investors own 73.94% of the company's stock.

John Wiley & Sons Price Performance

WLY traded up $0.67 during midday trading on Friday, hitting $44.32. 328,420 shares of the company traded hands, compared to its average volume of 359,617. The business has a 50 day simple moving average of $43.03 and a two-hundred day simple moving average of $44.87. John Wiley & Sons, Inc. has a 52-week low of $34.85 and a 52-week high of $53.96. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of -48.70 and a beta of 0.86. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26.

John Wiley & Sons (NYSE:WLY - Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to analysts' expectations of $401.10 million. On average, equities analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Tuesday, April 8th were paid a $0.3525 dividend. This represents a $1.41 annualized dividend and a yield of 3.18%. The ex-dividend date was Tuesday, April 8th. John Wiley & Sons's dividend 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.