Nisa Investment Advisors LLC Buys 3,300 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Nisa Investment Advisors LLC lifted its stake in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 2,578.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,428 shares of the company’s stock after purchasing an additional 3,300 shares during the quarter. Nisa Investment Advisors LLC’s holdings in John Wiley & Sons were worth $151,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Nordea Investment Management AB lifted its holdings in shares of John Wiley & Sons by 8.1% in the 4th quarter. Nordea Investment Management AB now owns 151,005 shares of the company’s stock worth $6,655,000 after purchasing an additional 11,340 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in John Wiley & Sons by 29.3% during the third quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company’s stock worth $30,925,000 after buying an additional 145,270 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of John Wiley & Sons by 0.8% in the third quarter. Principal Financial Group Inc. now owns 209,184 shares of the company’s stock valued at $10,093,000 after buying an additional 1,600 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of John Wiley & Sons by 14.5% during the third quarter. Franklin Resources Inc. now owns 25,192 shares of the company’s stock valued at $1,254,000 after buying an additional 3,193 shares during the last quarter. Finally, XTX Topco Ltd increased its position in shares of John Wiley & Sons by 67.7% during the third quarter. XTX Topco Ltd now owns 22,246 shares of the company’s stock worth $1,073,000 after acquiring an additional 8,981 shares in the last quarter. 73.94% of the stock is currently owned by institutional investors and hedge funds.

John Wiley & Sons Trading Up 1.4 %

WLY opened at $41.44 on Friday. The firm has a market capitalization of $2.24 billion, a PE ratio of -45.54 and a beta of 0.88. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. John Wiley & Sons, Inc. has a fifty-two week low of $32.50 and a fifty-two week high of $53.96. The company’s 50-day moving average is $45.24 and its 200 day moving average is $47.00.

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

John Wiley & Sons Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were issued a dividend of $0.3525 per share. This represents a $1.41 dividend on an annualized basis and a yield of 3.40%. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. The ex-dividend date was Thursday, December 26th. John Wiley & Sons’s payout ratio is currently -154.95%.

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.