John Wiley & Sons, Inc. (NYSE:WLY) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 68,418 shares of the company’s stock after selling 1,727 shares during the quarter. New York State Teachers Retirement System owned approximately 0.12% of John Wiley & Sons worth $2,172,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of WLY. Envestnet Asset Management Inc. acquired a new stake in John Wiley & Sons during the third quarter valued at approximately $660,000. Renaissance Technologies LLC acquired a new stake in John Wiley & Sons during the third quarter valued at approximately $2,958,000. Royal Bank of Canada acquired a new stake in shares of John Wiley & Sons during the 3rd quarter worth approximately $615,000. Citadel Advisors LLC acquired a new stake in shares of John Wiley & Sons during the 3rd quarter worth approximately $2,989,000. Finally, BlackRock Inc. acquired a new stake in shares of John Wiley & Sons during the 3rd quarter worth approximately $187,724,000. Institutional investors and hedge funds own 73.94% of the company’s stock.

Insider Buying and Selling

In related news, EVP Jay Flynn sold 6,114 shares of the stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $38.82, for a total value of $237,345.48. Following the completion of the transaction, the executive vice president now directly owns 8,069 shares of the company’s stock, valued at approximately $313,238.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.79% of the company’s stock.

John Wiley & Sons Stock Down 1.1 %

Shares of John Wiley & Sons stock opened at $36.63 on Wednesday. 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 business’s 50 day simple moving average is $35.83 and its 200-day simple moving average is $33.21. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of -12.72 and a beta of 0.91. John Wiley & Sons, Inc. has a twelve month low of $28.83 and a twelve month high of $40.23.

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

John Wiley & Sons Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 25th. Stockholders of record on Tuesday, April 9th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date is Monday, April 8th. John Wiley & Sons’s payout ratio is -48.61%.

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.