BNP Paribas Financial Markets Has $618,000 Stock Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

BNP Paribas Financial Markets decreased its position in John Wiley & Sons, Inc. (NYSE:WLY) by 12.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,815 shares of the company’s stock after selling 1,874 shares during the period. BNP Paribas Financial Markets’ holdings in John Wiley & Sons were worth $618,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC grew its stake in John Wiley & Sons by 39.2% during the third quarter. GAMMA Investing LLC now owns 1,187 shares of the company’s stock worth $57,000 after buying an additional 334 shares during the last quarter. Harbor Capital Advisors Inc. acquired a new stake in John Wiley & Sons during the 3rd quarter valued at $57,000. Skandinaviska Enskilda Banken AB publ acquired a new position in John Wiley & Sons in the second quarter worth $60,000. Point72 DIFC Ltd bought a new stake in shares of John Wiley & Sons during the second quarter worth $100,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in John Wiley & Sons during the 2nd quarter worth about $121,000. Institutional investors own 73.94% of the company’s stock.

Insider Transactions at John Wiley & Sons

In other news, EVP Danielle Mcmahan sold 2,318 shares of John Wiley & Sons stock in a transaction on Tuesday, October 8th. The stock was sold at an average price of $49.41, for a total value of $114,532.38. Following the transaction, the executive vice president now owns 8,978 shares in the company, valued at approximately $443,602.98. This trade represents a 20.52 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.62% of the stock is currently owned by corporate insiders.

John Wiley & Sons Trading Down 1.2 %

Shares of WLY opened at $45.96 on Friday. The stock’s fifty day simple moving average is $50.16 and its 200-day simple moving average is $46.11. The firm has a market capitalization of $2.49 billion, a PE ratio of -50.51 and a beta of 0.85. John Wiley & Sons, Inc. has a 12-month low of $30.45 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.

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

John Wiley & Sons Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th were issued a $0.352 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $1.41 annualized dividend and a dividend yield of 3.06%. John Wiley & Sons’s dividend payout ratio is currently -154.95%.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.