DekaBank Deutsche Girozentrale Makes New Investment in John Wiley & Sons, Inc. (NYSE:WLY)

DekaBank Deutsche Girozentrale purchased a new position in shares of John Wiley & Sons, Inc. (NYSE:WLY) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 1,528 shares of the company’s stock, valued at approximately $48,000.

Other large investors have also recently bought and sold shares of the company. Adirondack Trust Co. bought a new position in shares of John Wiley & Sons during the 3rd quarter worth about $63,000. Osaic Holdings Inc. boosted its position in shares of John Wiley & Sons by 43.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,909 shares of the company’s stock worth $36,000 after purchasing an additional 579 shares in the last quarter. Acadian Asset Management LLC bought a new position in shares of John Wiley & Sons during the 3rd quarter worth about $89,000. Public Employees Retirement System of Ohio bought a new position in shares of John Wiley & Sons during the 3rd quarter worth about $109,000. Finally, Point72 Middle East FZE bought a new position in shares of John Wiley & Sons during the 4th quarter worth about $126,000. 73.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at John Wiley & Sons

In related news, EVP Jay Flynn sold 6,114 shares of the firm’s stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $38.82, for a total value of $237,345.48. Following the transaction, the executive vice president now owns 8,069 shares of the company’s stock, valued at approximately $313,238.58. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.79% of the stock is owned by insiders.

John Wiley & Sons Price Performance

WLY stock opened at $36.32 on Thursday. The stock has a market capitalization of $1.99 billion, a PE ratio of -12.61 and a beta of 0.91. The company’s 50-day moving average is $35.95 and its 200-day moving average is $33.23. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.54 and a quick ratio of 0.50. John Wiley & Sons, Inc. has a 1 year low of $28.83 and a 1 year high of $40.23.

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

John Wiley & Sons Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 25th. Investors of record on Tuesday, April 9th will be given a $0.35 dividend. The ex-dividend date of this dividend is Monday, April 8th. This represents a $1.40 annualized dividend and a yield of 3.85%. John Wiley & Sons’s payout ratio is -48.61%.

John Wiley & Sons 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.