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

FMR LLC lowered its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 21.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 45,218 shares of the company's stock after selling 12,068 shares during the quarter. FMR LLC owned 0.08% of John Wiley & Sons worth $2,182,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James & Associates grew its position in John Wiley & Sons by 19.5% in the second quarter. Raymond James & Associates now owns 501,891 shares of the company's stock worth $20,427,000 after acquiring an additional 81,968 shares in the last quarter. Louisiana State Employees Retirement System increased its position in shares of 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 valued at $863,000 after purchasing an additional 300 shares during the last quarter. Ceredex Value Advisors LLC raised its holdings in John Wiley & Sons by 3.0% during the 2nd quarter. Ceredex Value Advisors LLC now owns 218,299 shares of the company's stock valued at $8,885,000 after buying an additional 6,400 shares during the period. Bank of New York Mellon Corp lifted its position in John Wiley & Sons by 1.9% in the second quarter. Bank of New York Mellon Corp now owns 1,302,764 shares of the company's stock worth $53,022,000 after buying an additional 24,215 shares during the last quarter. Finally, Access Investment Management LLC boosted its stake in John Wiley & Sons by 0.7% during the second quarter. Access Investment Management LLC now owns 66,755 shares of the company's stock worth $2,717,000 after buying an additional 480 shares during the period. 73.94% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Danielle Mcmahan sold 2,318 shares of John Wiley & Sons stock in a transaction that occurred on 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 owns 8,978 shares of the company's stock, valued at approximately $443,602.98. The trade was a 20.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.62% of the company's stock.

John Wiley & Sons Trading Down 0.3 %

Shares of WLY traded down $0.12 during midday trading on Friday, hitting $45.84. The stock had a trading volume of 355,002 shares, compared to its average volume of 335,615. The stock's 50 day moving average is $50.07 and its 200 day moving average is $46.23. The firm has a market cap of $2.48 billion, a PE ratio of -50.37 and a beta of 0.85. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. John Wiley & Sons, Inc. has a 1 year low of $30.45 and a 1 year high of $53.96.

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 analysts' consensus estimates of $0.88 by $0.09. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The company had revenue of $426.60 million for the quarter, compared to analyst estimates of $420.00 million. The firm's revenue for the quarter was down 13.4% compared to the same quarter last year. As a group, analysts forecast that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th will be given a $0.3525 dividend. This represents a $1.41 annualized dividend and a yield of 3.08%. The ex-dividend date is Thursday, December 26th. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. John Wiley & Sons's dividend payout ratio is -154.95%.

John Wiley & Sons 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.