Loomis Sayles & Co. L P Has $10.52 Million Stock Position in John Wiley & Sons, Inc. (NYSE:WLY)

Loomis Sayles & Co. L P increased its position in John Wiley & Sons, Inc. (NYSE:WLY) by 16.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 240,654 shares of the company’s stock after purchasing an additional 34,373 shares during the quarter. Loomis Sayles & Co. L P’s holdings in John Wiley & Sons were worth $10,519,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. lifted its stake in shares of John Wiley & Sons by 114.6% in the fourth quarter. Blue Trust Inc. now owns 749 shares of the company’s stock valued at $36,000 after buying an additional 400 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in John Wiley & Sons by 2,578.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company’s stock valued at $151,000 after purchasing an additional 3,300 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in John Wiley & Sons by 21.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company’s stock worth $151,000 after purchasing an additional 603 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of John Wiley & Sons by 10.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company’s stock worth $161,000 after purchasing an additional 350 shares during the last quarter. Finally, Berry Wealth Group LP lifted its holdings in shares of John Wiley & Sons by 5.4% in the fourth quarter. Berry Wealth Group LP now owns 4,991 shares of the company’s stock valued at $218,000 after purchasing an additional 255 shares in the last quarter. 73.94% of the stock is owned by institutional investors.

John Wiley & Sons Stock Down 0.8 %

Shares of NYSE:WLY opened at $44.46 on Friday. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of -48.85 and a beta of 0.82. The business’s 50 day moving average is $42.09 and its 200 day moving average is $45.81. John Wiley & Sons, Inc. has a 12-month low of $34.85 and a 12-month high of $53.96. 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 earnings results on Thursday, March 6th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.39. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The firm had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. On average, sell-side analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th will be given a dividend of $0.3525 per share. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $1.41 annualized dividend and a dividend yield of 3.17%. John Wiley & Sons’s dividend payout ratio is currently 190.54%.

John Wiley & Sons Company Profile

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.