John Wiley & Sons, Inc. (NYSE:WLY) Position Trimmed by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans trimmed its position in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 1.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,946 shares of the company’s stock after selling 509 shares during the period. Thrivent Financial for Lutherans owned 0.06% of John Wiley & Sons worth $1,396,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of WLY. William Blair Investment Management LLC grew its holdings in John Wiley & Sons by 2.5% during the fourth quarter. William Blair Investment Management LLC now owns 1,053,035 shares of the company’s stock worth $46,028,000 after acquiring an additional 25,667 shares during the period. TradeLink Capital LLC acquired a new position in John Wiley & Sons in the 4th quarter worth about $596,000. Kendall Capital Management increased its stake in shares of John Wiley & Sons by 16.2% during the 4th quarter. Kendall Capital Management now owns 77,397 shares of the company’s stock worth $3,383,000 after purchasing an additional 10,810 shares during the last quarter. Amundi boosted its holdings in shares of John Wiley & Sons by 191.0% during the 4th quarter. Amundi now owns 21,121 shares of the company’s stock worth $904,000 after buying an additional 13,863 shares during the period. Finally, River Global Investors LLP acquired a new stake in shares of John Wiley & Sons in the fourth quarter worth $7,174,000. Institutional investors and hedge funds own 73.94% of the company’s stock.

John Wiley & Sons Price Performance

Shares of NYSE:WLY opened at $44.46 on Monday. The firm has a market capitalization of $2.39 billion, a PE ratio of -48.85 and a beta of 0.82. 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 business’s 50 day moving average is $42.09 and its 200-day moving average is $45.83. John Wiley & Sons, Inc. has a 1-year low of $34.85 and a 1-year high of $53.96.

John Wiley & Sons (NYSE:WLY) last issued its quarterly earnings data on Thursday, March 6th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.39. The firm had revenue of $404.63 million for the quarter, compared to analyst estimates of $401.10 million. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. Sell-side analysts predict that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th will be paid a $0.3525 dividend. This represents a $1.41 annualized dividend and a dividend yield of 3.17%. The ex-dividend date is Tuesday, April 8th. John Wiley & Sons’s dividend payout ratio is 190.54%.

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.