John Wiley & Sons, Inc. (NYSE:WLY) Shares Sold by Clark Estates Inc. NY

Clark Estates Inc. NY lessened its stake in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 10.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 79,113 shares of the company’s stock after selling 9,587 shares during the period. John Wiley & Sons comprises 0.7% of Clark Estates Inc. NY’s investment portfolio, making the stock its 26th largest holding. Clark Estates Inc. NY owned about 0.15% of John Wiley & Sons worth $3,458,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. increased its holdings in John Wiley & Sons by 113.6% in the third quarter. Victory Capital Management Inc. now owns 35,762 shares of the company’s stock worth $1,726,000 after buying an additional 19,017 shares during the last quarter. Eagle Asset Management Inc. boosted its stake in John Wiley & Sons by 40.1% during the 3rd quarter. Eagle Asset Management Inc. now owns 407,997 shares of the company’s stock valued at $21,273,000 after purchasing an additional 116,772 shares during the period. D.A. Davidson & CO. acquired a new stake in shares of John Wiley & Sons in the third quarter worth $2,134,000. Atom Investors LP increased its holdings in shares of John Wiley & Sons by 178.6% during the 3rd quarter. Atom Investors LP now owns 61,159 shares of the company’s stock worth $2,951,000 after purchasing an additional 39,207 shares during the period. Finally, Consolidated Planning Corp acquired a new position in John Wiley & Sons in the 3rd quarter valued at approximately $682,000. 73.94% of the stock is currently owned by hedge funds and other institutional investors.

John Wiley & Sons Stock Down 1.2 %

Shares of WLY opened at $37.95 on Wednesday. John Wiley & Sons, Inc. has a 12 month low of $32.80 and a 12 month high of $53.96. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of -41.70 and a beta of 0.86. The company has a 50-day moving average price of $41.69 and a two-hundred day moving average price of $46.03. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26.

John Wiley & Sons (NYSE:WLY) last posted its quarterly earnings data on Thursday, December 5th. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.09. The firm had revenue of $426.60 million during the quarter, compared to analysts’ expectations of $420.00 million. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The business’s revenue was down 13.4% compared to the same quarter last year. Equities analysts predict that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were paid a $0.3525 dividend. The ex-dividend date was Thursday, December 26th. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 dividend on an annualized basis and a yield of 3.72%. John Wiley & Sons’s dividend payout ratio is presently -154.95%.

About John Wiley & Sons

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.