John Wiley & Sons, Inc. (NYSE:WLY) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 4.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,702 shares of the company’s stock after selling 2,900 shares during the period. New York State Teachers Retirement System owned about 0.10% of John Wiley & Sons worth $2,478,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Blue Trust Inc. grew its stake in shares of John Wiley & Sons by 114.6% in the fourth quarter. Blue Trust Inc. now owns 749 shares of the company’s stock worth $36,000 after acquiring an additional 400 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in shares of John Wiley & Sons in the third quarter worth $57,000. Nisa Investment Advisors LLC grew its stake in shares of John Wiley & Sons by 2,578.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company’s stock worth $151,000 after acquiring an additional 3,300 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of John Wiley & Sons in the third quarter worth $161,000. Finally, Berry Wealth Group LP grew its stake in shares of John Wiley & Sons by 5.4% during the fourth 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. Institutional investors and hedge funds own 73.94% of the company’s stock.

John Wiley & Sons Stock Performance

Shares of WLY stock opened at $39.46 on Friday. 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 firm has a fifty day moving average price of $42.50 and a 200 day moving average price of $46.31. The company has a market cap of $2.13 billion, a P/E ratio of -43.36 and a beta of 0.86. John Wiley & Sons, Inc. has a 12 month low of $32.80 and a 12 month high of $53.96.

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

John Wiley & Sons Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were given a $0.3525 dividend. The ex-dividend date was Thursday, December 26th. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 dividend on an annualized basis and a yield of 3.57%. John Wiley & Sons’s payout ratio is -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.