Centiva Capital LP Makes New $604,000 Investment in John Wiley & Sons, Inc. (NYSE:WLY)

Centiva Capital LP acquired a new position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 12,518 shares of the company's stock, valued at approximately $604,000.

Other institutional investors also recently modified their holdings of the company. Price T Rowe Associates Inc. MD grew its position in John Wiley & Sons by 5.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 26,945 shares of the company's stock worth $1,028,000 after acquiring an additional 1,412 shares during the last quarter. Wedge Capital Management L L P NC acquired a new stake in shares of John Wiley & Sons in the second quarter valued at $1,240,000. Hunter Perkins Capital Management LLC raised its holdings in shares of John Wiley & Sons by 32.9% in the second quarter. Hunter Perkins Capital Management LLC now owns 12,725 shares of the company's stock valued at $518,000 after buying an additional 3,150 shares during the last quarter. Raymond James & Associates lifted its position in John Wiley & Sons by 19.5% during the 2nd quarter. Raymond James & Associates now owns 501,891 shares of the company's stock worth $20,427,000 after buying an additional 81,968 shares in the last quarter. Finally, Louisiana State Employees Retirement System grew its holdings in John Wiley & Sons by 1.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 21,200 shares of the company's stock worth $863,000 after acquiring an additional 300 shares during the last quarter. Institutional investors own 73.94% of the company's stock.

Insider Buying and Selling

In other John Wiley & Sons news, EVP Danielle Mcmahan sold 2,318 shares of the firm's stock in a transaction that occurred on Tuesday, October 8th. The shares were sold at an average price of $49.41, for a total value of $114,532.38. Following the transaction, the executive vice president now directly owns 8,978 shares of the company's stock, valued at approximately $443,602.98. This trade represents a 20.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.62% of the company's stock.

John Wiley & Sons Price Performance

Shares of NYSE WLY traded down $0.66 during trading on Friday, reaching $45.70. The company had a trading volume of 499,795 shares, compared to its average volume of 292,300. John Wiley & Sons, Inc. has a 52 week low of $29.50 and a 52 week high of $53.96. The business's 50 day moving average price is $50.40 and its 200-day moving average price is $45.99. The stock has a market cap of $2.48 billion, a PE ratio of -50.22 and a beta of 0.85. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.53 and a current ratio of 0.66.

John Wiley & Sons (NYSE:WLY - Get Free Report) last posted its quarterly earnings data on Thursday, December 5th. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.09. The firm had revenue of $426.60 million during the quarter, compared to analysts' expectations 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 for the quarter was down 13.4% compared to the same quarter last year. Analysts expect that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

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 dividend of $0.352 per share. This represents a $1.41 annualized dividend and a dividend yield of 3.08%. The ex-dividend date was Tuesday, October 8th. John Wiley & Sons's dividend payout ratio (DPR) is presently -154.95%.

About John Wiley & Sons

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.