Atria Investments Inc Boosts Stake in John Wiley & Sons, Inc. (NYSE:WLY)

Atria Investments Inc grew its stake in John Wiley & Sons, Inc. (NYSE:WLY) by 39.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,509 shares of the company’s stock after acquiring an additional 3,833 shares during the quarter. Atria Investments Inc’s holdings in John Wiley & Sons were worth $652,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in WLY. Dimensional Fund Advisors LP lifted its position in shares of John Wiley & Sons by 4.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,924,498 shares of the company’s stock worth $78,326,000 after buying an additional 90,693 shares during the last quarter. Bank of New York Mellon Corp increased its position in John Wiley & Sons by 1.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,302,764 shares of the company’s stock worth $53,022,000 after purchasing an additional 24,215 shares in the last quarter. Burgundy Asset Management Ltd. grew its position in shares of John Wiley & Sons by 1.6% in the second quarter. Burgundy Asset Management Ltd. now owns 987,612 shares of the company’s stock valued at $40,196,000 after purchasing an additional 15,372 shares during the period. Raymond James & Associates increased its stake in shares of John Wiley & Sons by 19.5% during 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 during the last quarter. Finally, Ceredex Value Advisors LLC boosted its holdings in shares of 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 purchasing an additional 6,400 shares during the last quarter. Hedge funds and other institutional investors own 73.94% of the company’s stock.

Insider Buying and Selling

In other John Wiley & Sons news, EVP Danielle Mcmahan sold 2,318 shares of the company’s stock in a transaction on Tuesday, October 8th. The shares were sold at an average price of $49.41, for a total transaction of $114,532.38. Following the completion of the sale, the executive vice president now owns 8,978 shares in the company, valued at approximately $443,602.98. The trade was a 20.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.62% of the stock is owned by insiders.

John Wiley & Sons Trading Down 1.5 %

NYSE WLY opened at $49.89 on Wednesday. John Wiley & Sons, Inc. has a one year low of $29.04 and a one year high of $53.79. The company’s 50 day moving average price is $49.15 and its 200 day moving average price is $44.79. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.53 and a current ratio of 0.57. The firm has a market capitalization of $2.71 billion, a price-to-earnings ratio of -24.95 and a beta of 0.85.

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

John Wiley & Sons Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th were given a $0.352 dividend. This represents a $1.41 annualized dividend and a yield of 2.82%. The ex-dividend date was Tuesday, October 8th. John Wiley & Sons’s dividend payout ratio is -70.50%.

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.