UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 342 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in John Wiley & Sons, Inc. (NYSE:WLY) by 0.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 98,284 shares of the company’s stock after buying an additional 342 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in John Wiley & Sons were worth $4,742,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Wedge Capital Management L L P NC bought a new position in shares of John Wiley & Sons during the 2nd quarter valued at about $1,240,000. Hunter Perkins Capital Management LLC lifted its stake in John Wiley & Sons by 32.9% in the 2nd quarter. Hunter Perkins Capital Management LLC now owns 12,725 shares of the company’s stock valued at $518,000 after acquiring an additional 3,150 shares in the last quarter. Raymond James & Associates lifted its stake in John Wiley & Sons by 19.5% in the 2nd quarter. Raymond James & Associates now owns 501,891 shares of the company’s stock valued at $20,427,000 after acquiring an additional 81,968 shares in the last quarter. Louisiana State Employees Retirement System lifted its stake in John Wiley & Sons by 1.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 21,200 shares of the company’s stock valued at $863,000 after acquiring an additional 300 shares in the last quarter. Finally, Ceredex Value Advisors LLC lifted its stake in John Wiley & Sons by 3.0% in the 2nd quarter. Ceredex Value Advisors LLC now owns 218,299 shares of the company’s stock valued at $8,885,000 after acquiring an additional 6,400 shares in the last quarter. Institutional investors own 73.94% of the company’s stock.

Insider Activity

In other John Wiley & Sons news, EVP Danielle Mcmahan sold 2,318 shares of the stock in a transaction dated Tuesday, October 8th. The stock was sold at an average price of $49.41, for a total value of $114,532.38. Following the completion of the transaction, the executive vice president now directly owns 8,978 shares in the company, valued at approximately $443,602.98. This trade represents a 20.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.62% of the company’s stock.

John Wiley & Sons Trading Up 1.2 %

Shares of John Wiley & Sons stock opened at $46.52 on Thursday. John Wiley & Sons, Inc. has a 12-month low of $30.45 and a 12-month high of $53.96. The stock has a market cap of $2.53 billion, a P/E ratio of -51.12 and a beta of 0.85. 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 moving average is $50.23 and its 200-day moving average is $46.12.

John Wiley & Sons (NYSE:WLY) last posted its earnings results on Thursday, December 5th. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.09. 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 $426.60 million for the quarter, compared to analyst estimates of $420.00 million. John Wiley & Sons’s revenue was down 13.4% compared to the same quarter last year. Equities research analysts predict that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th were given a dividend of $0.352 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.03%. John Wiley & Sons’s payout ratio is -154.95%.

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.