Atom Investors LP Has $2.95 Million Stock Position in John Wiley & Sons, Inc. (NYSE:WLY)

Atom Investors LP lifted its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 178.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 61,159 shares of the company’s stock after acquiring an additional 39,207 shares during the period. Atom Investors LP’s holdings in John Wiley & Sons were worth $2,951,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of WLY. Louisiana State Employees Retirement System increased its stake in John Wiley & Sons by 1.4% in the second 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 during the last quarter. GAMMA Investing LLC raised its holdings in shares of John Wiley & Sons by 39.2% during the 3rd quarter. GAMMA Investing LLC now owns 1,187 shares of the company’s stock worth $57,000 after buying an additional 334 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of John Wiley & Sons by 0.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 98,284 shares of the company’s stock worth $4,742,000 after buying an additional 342 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in John Wiley & Sons by 2.0% in the second quarter. The Manufacturers Life Insurance Company now owns 19,308 shares of the company’s stock valued at $786,000 after buying an additional 380 shares in the last quarter. Finally, Verdence Capital Advisors LLC grew its position in John Wiley & Sons by 5.8% in the third quarter. Verdence Capital Advisors LLC now owns 7,617 shares of the company’s stock valued at $368,000 after acquiring an additional 417 shares during the last quarter. 73.94% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other John Wiley & Sons news, EVP Danielle Mcmahan sold 2,318 shares of the company’s stock in a transaction that occurred on Tuesday, October 8th. The shares were 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 represents a 20.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.62% of the company’s stock.

John Wiley & Sons Stock Performance

WLY stock opened at $50.78 on Tuesday. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.57 and a quick ratio of 0.53. The firm has a 50-day moving average price of $50.33 and a 200-day moving average price of $45.72. John Wiley & Sons, Inc. has a 12 month low of $29.04 and a 12 month high of $53.96.

John Wiley & Sons (NYSE:WLY) last issued its quarterly earnings data on Thursday, September 5th. The company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.08). The company had revenue of $403.81 million during the quarter, compared to the consensus estimate of $387.40 million. John Wiley & Sons had a negative net margin of 6.00% and a positive return on equity of 21.59%. John Wiley & Sons’s revenue for the quarter was down 10.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.27 EPS.

John Wiley & Sons Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Tuesday, October 8th were given a dividend of $0.352 per share. The ex-dividend date was Tuesday, October 8th. This represents a $1.41 dividend on an annualized basis and a yield of 2.77%. John Wiley & Sons’s dividend payout ratio is currently -70.50%.

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.