ExodusPoint Capital Management LP Buys New Stake in John Wiley & Sons, Inc. (NYSE:WLY)

ExodusPoint Capital Management LP bought a new stake in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 23,625 shares of the company's stock, valued at approximately $1,033,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. KLP Kapitalforvaltning AS acquired a new position in John Wiley & Sons in the 4th quarter worth $361,000. Oppenheimer & Co. Inc. boosted its holdings in John Wiley & Sons by 9.6% in the fourth quarter. Oppenheimer & Co. Inc. now owns 6,487 shares of the company's stock valued at $284,000 after purchasing an additional 567 shares during the last quarter. Vanguard Group Inc. grew its stake in John Wiley & Sons by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 5,318,812 shares of the company's stock valued at $232,485,000 after purchasing an additional 21,748 shares in the last quarter. Nisa Investment Advisors LLC increased its holdings in John Wiley & Sons by 2,578.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company's stock worth $151,000 after purchasing an additional 3,300 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of 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 in the last quarter. 73.94% of the stock is owned by institutional investors and hedge funds.

John Wiley & Sons Stock Down 0.7 %

NYSE WLY traded down $0.32 during trading hours on Wednesday, reaching $42.47. 17,719 shares of the company traded hands, compared to its average volume of 434,327. The company has a 50 day moving average of $42.24 and a two-hundred day moving average of $45.45. The stock has a market capitalization of $2.29 billion, a PE ratio of -46.67 and a beta of 0.86. John Wiley & Sons, Inc. has a 12 month low of $34.85 and a 12 month high of $53.96. 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 (NYSE:WLY - Get Free Report) last issued its earnings results on Thursday, March 6th. The company reported $0.84 EPS for the quarter, topping the consensus estimate 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 company had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. As a group, equities analysts expect that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th will be given a $0.3525 dividend. This represents a $1.41 annualized dividend and a yield of 3.32%. The ex-dividend date is Tuesday, April 8th. John Wiley & Sons's dividend payout ratio is presently 190.54%.

About John Wiley & Sons

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.