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

Ceredex Value Advisors LLC lessened its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 12.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 190,199 shares of the company's stock after selling 27,400 shares during the period. Ceredex Value Advisors LLC owned 0.35% of John Wiley & Sons worth $8,314,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Sterling Capital Management LLC increased its stake in John Wiley & Sons by 686.1% during the 4th quarter. Sterling Capital Management LLC now owns 621 shares of the company's stock valued at $27,000 after purchasing an additional 542 shares in the last quarter. Blue Trust Inc. grew its stake in shares of John Wiley & Sons by 114.6% in the 4th quarter. Blue Trust Inc. now owns 749 shares of the company's stock worth $36,000 after acquiring an additional 400 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in John Wiley & Sons during the fourth quarter worth about $112,000. Nisa Investment Advisors LLC increased its position in shares of 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 valued at $151,000 after purchasing an additional 3,300 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its position in John Wiley & Sons by 21.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company's stock worth $151,000 after buying an additional 603 shares during the last quarter. 73.94% of the stock is currently owned by institutional investors.

John Wiley & Sons Price Performance

Shares of WLY traded down $1.22 during midday trading on Monday, hitting $41.63. 80,287 shares of the company traded hands, compared to its average volume of 356,738. John Wiley & Sons, Inc. has a one year low of $34.85 and a one year high of $53.96. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. The firm has a market cap of $2.24 billion, a P/E ratio of -45.75 and a beta of 0.86. The stock has a 50-day moving average of $42.37 and a 200-day moving average of $45.28.

John Wiley & Sons (NYSE:WLY - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.84 earnings per share (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 firm had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. As a group, sell-side analysts predict that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th will be paid a dividend of $0.3525 per share. The ex-dividend date is Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.39%. 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.