Rhumbline Advisers Has $5.05 Million Stock Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Rhumbline Advisers trimmed its position in John Wiley & Sons, Inc. (NYSE:WLY) by 0.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 115,486 shares of the company’s stock after selling 704 shares during the period. Rhumbline Advisers owned about 0.21% of John Wiley & Sons worth $5,048,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. lifted its holdings in 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 during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of John Wiley & Sons by 10.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company’s stock valued at $161,000 after purchasing an additional 350 shares during the period. Berry Wealth Group LP raised its stake in shares of 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 purchasing an additional 255 shares in the last quarter. KBC Group NV lifted 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 purchasing an additional 682 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its position in John Wiley & Sons by 2,578.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company’s stock worth $151,000 after buying an additional 3,300 shares during the last quarter. 73.94% of the stock is owned by institutional investors and hedge funds.

John Wiley & Sons Stock Performance

Shares of WLY stock opened at $38.76 on Friday. The company has a market capitalization of $2.09 billion, a price-to-earnings ratio of -42.60 and a beta of 0.86. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. John Wiley & Sons, Inc. has a 52 week low of $32.80 and a 52 week high of $53.96. The company has a 50-day simple moving average of $42.16 and a 200 day simple moving average of $46.21.

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

John Wiley & Sons Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were given a $0.3525 dividend. 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 an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s payout ratio is -154.95%.

About John Wiley & Sons

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.