John Wiley & Sons, Inc. (NYSE:WLY) Stock Holdings Decreased by Bank of New York Mellon Corp

Bank of New York Mellon Corp trimmed its stake in John Wiley & Sons, Inc. (NYSE:WLY) by 7.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,116,419 shares of the company’s stock after selling 92,613 shares during the period. Bank of New York Mellon Corp owned 2.07% of John Wiley & Sons worth $48,799,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in WLY. Harbor Capital Advisors Inc. acquired a new stake in shares of John Wiley & Sons in the third quarter valued at approximately $57,000. Principal Financial Group Inc. boosted 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 during the period. Consolidated Planning Corp bought a new position in John Wiley & Sons in the third quarter valued at approximately $682,000. Verdence Capital Advisors LLC lifted its stake in John Wiley & Sons by 5.8% in 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, Atria Investments Inc grew its holdings in John Wiley & Sons by 39.6% during the 3rd quarter. Atria Investments Inc now owns 13,509 shares of the company’s stock worth $652,000 after acquiring an additional 3,833 shares during the last quarter. 73.94% of the stock is owned by institutional investors.

John Wiley & Sons Stock Up 0.0 %

John Wiley & Sons stock opened at $37.97 on Thursday. The firm’s fifty day moving average is $41.55 and its 200 day moving average is $45.98. John Wiley & Sons, Inc. has a 12-month low of $32.80 and a 12-month high of $53.96. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26. The company has a market capitalization of $2.05 billion, a PE ratio of -41.73 and a beta of 0.86.

John Wiley & Sons (NYSE:WLY) last issued 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. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. The company had revenue of $426.60 million for the quarter, compared to the consensus estimate of $420.00 million. The company’s revenue for the quarter was down 13.4% compared to the same quarter last year. As a group, sell-side analysts predict that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were given a $0.3525 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 3.71%. 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 dividend payout ratio (DPR) 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.