Arjuna Capital Sells 37,703 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Arjuna Capital trimmed its stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 68.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,505 shares of the company's stock after selling 37,703 shares during the period. Arjuna Capital's holdings in John Wiley & Sons were worth $765,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in John Wiley & Sons during the fourth quarter worth about $34,916,000. JPMorgan Chase & Co. raised its position in John Wiley & Sons by 29.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company's stock valued at $30,925,000 after purchasing an additional 145,270 shares during the last quarter. Eagle Asset Management Inc. raised its holdings in shares of John Wiley & Sons by 40.1% in the third quarter. Eagle Asset Management Inc. now owns 407,997 shares of the company's stock valued at $21,273,000 after buying an additional 116,772 shares during the last quarter. State Street Corp raised its stake in shares of John Wiley & Sons by 7.2% in the third quarter. State Street Corp now owns 1,688,156 shares of the company's stock worth $81,454,000 after acquiring an additional 113,631 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in John Wiley & Sons by 261.9% during the 4th quarter. Victory Capital Management Inc. now owns 129,423 shares of the company's stock worth $5,657,000 after buying an additional 93,661 shares in the last quarter. 73.94% of the stock is currently owned by institutional investors and hedge funds.

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John Wiley & Sons Trading Down 5.6 %

John Wiley & Sons stock traded down $2.63 during mid-day trading on Wednesday, hitting $44.11. The stock had a trading volume of 525,670 shares, compared to its average volume of 326,723. The stock has a market capitalization of $2.38 billion, a PE ratio of -48.47 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. John Wiley & Sons, Inc. has a 12 month low of $34.85 and a 12 month high of $53.96. The stock has a 50-day simple moving average of $41.67 and a two-hundred day simple moving average of $45.97.

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

John Wiley & Sons Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were paid a dividend of $0.3525 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.20%. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Thursday, December 26th. John Wiley & Sons's dividend payout ratio is currently 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.