Atom Investors LP Grows Stock Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Atom Investors LP raised its position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 178.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,159 shares of the company's stock after purchasing an additional 39,207 shares during the quarter. Atom Investors LP owned 0.11% of John Wiley & Sons worth $2,951,000 as of its most recent SEC filing.

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

John Wiley & Sons Stock Down 0.7 %

WLY traded down $0.38 on Tuesday, hitting $50.40. The company had a trading volume of 69,707 shares, compared to its average volume of 334,420. The stock has a fifty day moving average price of $50.33 and a 200-day moving average price of $45.72. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.57 and a quick ratio of 0.53. John Wiley & Sons, Inc. has a 12-month low of $29.04 and a 12-month high of $53.96.

John Wiley & Sons (NYSE:WLY - Get Free Report) last released its quarterly earnings data 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 negative net margin of 6.00% and a positive return on equity of 21.59%. The business had revenue of $403.81 million during the quarter, compared to analysts' expectations of $387.40 million. During the same period last year, the company earned $0.27 earnings per share. The firm's revenue was down 10.5% on a year-over-year basis.

John Wiley & Sons Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th were paid a $0.352 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date of this dividend was Tuesday, October 8th. John Wiley & Sons's dividend payout ratio is presently -70.50%.

Insiders Place Their Bets

In related news, EVP Danielle Mcmahan sold 2,318 shares of the firm's stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of $49.41, for a total transaction of $114,532.38. Following the completion of the sale, the executive vice president now directly owns 8,978 shares in the company, valued at approximately $443,602.98. This trade represents a 20.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.62% of the stock is currently owned by corporate insiders.

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.