Yousif Capital Management LLC Sells 255 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Yousif Capital Management LLC decreased its position in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 1.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,614 shares of the company’s stock after selling 255 shares during the quarter. Yousif Capital Management LLC’s holdings in John Wiley & Sons were worth $682,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WLY. Berry Wealth Group LP boosted its stake in John Wiley & Sons by 5.4% during the 4th quarter. Berry Wealth Group LP now owns 4,991 shares of the company’s stock worth $218,000 after acquiring an additional 255 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in John Wiley & Sons by 0.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 98,284 shares of the company’s stock valued at $4,742,000 after acquiring an additional 342 shares during the last quarter. Blue Trust Inc. increased its position in John Wiley & Sons by 114.6% during the fourth quarter. Blue Trust Inc. now owns 749 shares of the company’s stock worth $36,000 after buying an additional 400 shares during the last quarter. Verdence Capital Advisors LLC lifted its holdings in John Wiley & Sons by 5.8% during the 3rd quarter. Verdence Capital Advisors LLC now owns 7,617 shares of the company’s stock valued at $368,000 after purchasing an additional 417 shares during the last quarter. Finally, KBC Group NV grew its stake in John Wiley & Sons by 8.1% in the 4th quarter. KBC Group NV now owns 9,074 shares of the company’s stock valued at $397,000 after buying an additional 682 shares during the last quarter. 73.94% of the stock is currently owned by institutional investors and hedge funds.

John Wiley & Sons Stock Performance

WLY opened at $40.58 on Friday. John Wiley & Sons, Inc. has a 1 year low of $32.50 and a 1 year high of $53.96. The company has a market capitalization of $2.19 billion, a PE ratio of -44.59 and a beta of 0.86. The business has a fifty day simple moving average of $43.10 and a 200 day simple moving average of $46.52. 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 (NYSE:WLY) last announced its quarterly earnings data on Thursday, December 5th. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.09. The firm had revenue of $426.60 million for the quarter, compared to the consensus estimate 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 firm’s revenue was down 13.4% compared to the same quarter last year. Research analysts expect that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were paid a dividend of $0.3525 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.47%. The ex-dividend date was Thursday, December 26th. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s payout ratio is presently -154.95%.

John Wiley & Sons 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.