Clark Estates Inc. NY Sells 9,587 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Clark Estates Inc. NY reduced its stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 10.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 79,113 shares of the company's stock after selling 9,587 shares during the period. John Wiley & Sons accounts for approximately 0.7% of Clark Estates Inc. NY's investment portfolio, making the stock its 26th biggest position. Clark Estates Inc. NY owned approximately 0.15% of John Wiley & Sons worth $3,458,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Blue Trust Inc. grew its stake in shares of John Wiley & Sons by 114.6% in the fourth quarter. Blue Trust Inc. now owns 749 shares of the company's stock valued at $36,000 after acquiring an additional 400 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in shares of John Wiley & Sons in the third quarter valued at about $57,000. Nisa Investment Advisors LLC grew its stake in shares of John Wiley & Sons by 2,578.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company's stock valued at $151,000 after acquiring an additional 3,300 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of John Wiley & Sons by 21.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company's stock valued at $151,000 after acquiring an additional 603 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of John Wiley & Sons in the third quarter valued at about $161,000. 73.94% of the stock is currently owned by institutional investors and hedge funds.

Remove Ads

John Wiley & Sons Stock Performance

Shares of WLY stock traded up $2.44 on Friday, hitting $46.14. The company's stock had a trading volume of 833,251 shares, compared to its average volume of 324,697. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. The stock's 50 day moving average is $41.56 and its 200-day moving average is $45.96. John Wiley & Sons, Inc. has a fifty-two week low of $34.85 and a fifty-two week high of $53.96. The company has a market capitalization of $2.49 billion, a PE ratio of -50.71 and a beta of 0.82.

John Wiley & Sons (NYSE:WLY - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.45 by $0.39. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The business had revenue of $404.63 million for the quarter, compared to the consensus estimate of $401.10 million. Equities research analysts expect that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were given a dividend of $0.3525 per share. This is a boost from John Wiley & Sons's previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $1.41 annualized dividend and a yield of 3.06%. John Wiley & Sons's dividend payout ratio is currently -154.95%.

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.