Mission Wealth Management LP Grows Stock Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Mission Wealth Management LP boosted its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 13.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 11,279 shares of the company’s stock after buying an additional 1,363 shares during the period. Mission Wealth Management LP’s holdings in John Wiley & Sons were worth $358,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Ceredex Value Advisors LLC purchased a new position in shares of John Wiley & Sons in the 4th quarter worth $6,779,000. Vanguard Group Inc. raised its position in John Wiley & Sons by 2.3% during the third quarter. Vanguard Group Inc. now owns 5,466,223 shares of the company’s stock valued at $203,180,000 after purchasing an additional 123,637 shares during the period. Nordea Investment Management AB lifted its stake in shares of John Wiley & Sons by 72.6% in the 3rd quarter. Nordea Investment Management AB now owns 152,659 shares of the company’s stock valued at $5,781,000 after purchasing an additional 64,193 shares during the last quarter. Louisiana State Employees Retirement System purchased a new position in shares of John Wiley & Sons in the 4th quarter worth approximately $676,000. Finally, GSA Capital Partners LLP bought a new position in John Wiley & Sons during the third quarter valued at $1,619,000. Institutional investors own 73.94% of the company’s stock.

Insider Activity

In other news, EVP Jay Flynn sold 6,114 shares of the stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $38.82, for a total transaction of $237,345.48. Following 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 legal filing with the SEC, which is available through the SEC website. Insiders own 0.79% of the company’s stock.

John Wiley & Sons Stock Down 1.3 %

Shares of NYSE:WLY opened at $37.81 on Friday. John Wiley & Sons, Inc. has a 1 year low of $28.83 and a 1 year high of $40.23. The firm has a market capitalization of $2.07 billion, a PE ratio of -13.13 and a beta of 0.89. The business has a 50 day simple moving average of $36.99 and a two-hundred day simple moving average of $33.64. 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 (NYSE:WLY) last issued its earnings results on Thursday, March 7th. The company reported $0.59 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 business had revenue of $460.70 million for the quarter, compared to the consensus estimate of $392.60 million. During the same period in the prior year, the firm earned $0.85 EPS. The company’s revenue for the quarter was down 6.2% compared to the same quarter last year. On average, equities analysts predict that John Wiley & Sons, Inc. will post 2.55 EPS for the current year.

John Wiley & Sons Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 25th. Stockholders of record on Tuesday, April 9th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date of this dividend was 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.