John Wiley & Sons, Inc. (NYSE:WLY) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC reduced its position in John Wiley & Sons, Inc. (NYSE:WLY – Free Report) by 12.8% during the second quarter, Holdings Channel reports. The fund owned 7,351 shares of the company’s stock after selling 1,079 shares during the period. Commonwealth Equity Services LLC’s holdings in John Wiley & Sons were worth $299,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in shares of John Wiley & Sons by 96.9% in the 1st quarter. GAMMA Investing LLC now owns 754 shares of the company’s stock valued at $29,000 after purchasing an additional 371 shares during the last quarter. Adirondack Trust Co. boosted its holdings in John Wiley & Sons by 23.5% in the fourth quarter. Adirondack Trust Co. now owns 2,100 shares of the company’s stock valued at $70,000 after acquiring an additional 400 shares during the period. Penbrook Management LLC purchased a new stake in shares of John Wiley & Sons in the 1st quarter worth $210,000. Bayesian Capital Management LP acquired a new position in shares of John Wiley & Sons in the first quarter worth $212,000. Finally, Oppenheimer & Co. Inc. bought a new position in shares of John Wiley & Sons in the first quarter valued at about $226,000. Hedge funds and other institutional investors own 73.94% of the company’s shares.

John Wiley & Sons stocks rose 0.1%

Shares of WLY stock opened at $46.62 on Tuesday. The company has a current ratio of 0.57, a quick ratio of 0.53, and a debt-to-equity ratio of 1.27. The company’s 50-day moving average price is $46.18 and its 200-day moving average price is $41.33. John Wiley & Sons, Inc. it has a 52-week low of $28.83 and a 52-week high of $49.20. The company has a market cap of $2.54 billion, a P/E ratio of -12.81 and a beta of 0.86.

John Wiley & Sons (NYSE:WLY – Get Free Report ) last announced its quarterly earnings results on Thursday, September 5th. The company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.08). John Wiley & Sons had a positive return on equity of 21.59% and a negative net margin of 6.00%. The firm had revenue of $403.81 million for the quarter, compared to analysts’ expectations of $387.40 million. During the same period last year, the firm earned $0.27 EPS. John Wiley & Sons’s revenue was down 10.5% compared to the same quarter last year. On average, research analysts expect that John Wiley & Sons, Inc. to post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons increases dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 25th. Shareholders of record on Tuesday, July 9th were given a $0.3525 dividend. The ex-dividend date was Tuesday, July 9th. This represents a dividend of $1.41 on an annualized basis and a dividend yield of 3.02%. This is an increase from John Wiley & Sons’ previous quarterly dividend of $0.35. John Wiley & Sons’s dividend payout ratio (DPR) is currently -38.74%.

John Wiley & Sons Company Profile

(Free Report)

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

Further reading

Want to see what other hedge funds own WLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for John Wiley & Sons, Inc. (NYSE:WLY – Free Report).

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