John Wiley & Sons, Inc. (NYSE:WLY) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. boosted its position in John Wiley & Sons, Inc. (NYSE:WLY) by 114.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 749 shares of the company’s stock after acquiring an additional 400 shares during the quarter. Blue Trust Inc.’s holdings in John Wiley & Sons were worth $36,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Berry Wealth Group LP lifted its stake in shares of John Wiley & Sons by 5.4% in the 4th 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings 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 buying an additional 342 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in John Wiley & Sons by 10.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company’s stock valued at $161,000 after buying an additional 350 shares in the last quarter. Verdence Capital Advisors LLC grew its stake in John Wiley & Sons by 5.8% during the third quarter. Verdence Capital Advisors LLC now owns 7,617 shares of the company’s stock worth $368,000 after buying an additional 417 shares during the period. Finally, KBC Group NV lifted its holdings in shares of John Wiley & Sons by 8.1% during the 4th quarter. KBC Group NV now owns 9,074 shares of the company’s stock valued at $397,000 after acquiring an additional 682 shares in the last quarter. Hedge funds and other institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Stock Down 0.7 %

Shares of John Wiley & Sons stock opened at $38.76 on Friday. John Wiley & Sons, Inc. has a twelve month low of $32.80 and a twelve month high of $53.96. The stock has a market cap of $2.09 billion, a price-to-earnings ratio of -42.60 and a beta of 0.86. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26. The company has a fifty day moving average price of $42.16 and a 200 day moving average price of $46.21.

John Wiley & Sons (NYSE:WLY) last issued its earnings results on Thursday, December 5th. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.09. The company 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 company’s revenue was down 13.4% compared to the same quarter last year. Equities research analysts forecast 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. Stockholders of record on Thursday, December 26th were paid a dividend of $0.3525 per share. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.64%. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s dividend payout ratio (DPR) is currently -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.