Schroder Investment Management Group Has $43.20 Million Stake in John Wiley & Sons, Inc. (NYSE:WLY)

Schroder Investment Management Group lowered its position in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 27.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 988,402 shares of the company's stock after selling 365,442 shares during the quarter. Schroder Investment Management Group owned approximately 1.83% of John Wiley & Sons worth $43,203,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in John Wiley & Sons in the 4th quarter valued at about $34,916,000. River Global Investors LLP acquired a new stake in shares of John Wiley & Sons in the fourth quarter valued at approximately $7,174,000. JPMorgan Chase & Co. lifted its position in shares of John Wiley & Sons by 29.3% in the third quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company's stock valued at $30,925,000 after buying an additional 145,270 shares during the last quarter. State Street Corp boosted its stake in shares of John Wiley & Sons by 7.2% during the 3rd quarter. State Street Corp now owns 1,688,156 shares of the company's stock worth $81,454,000 after acquiring an additional 113,631 shares during the period. Finally, Victory Capital Management Inc. increased its holdings in shares of John Wiley & Sons by 261.9% during the 4th quarter. Victory Capital Management Inc. now owns 129,423 shares of the company's stock worth $5,657,000 after acquiring an additional 93,661 shares during the last quarter. Institutional investors own 73.94% of the company's stock.

John Wiley & Sons Stock Performance

John Wiley & Sons stock traded down $1.71 during mid-day trading on Friday, hitting $42.01. 550,941 shares of the company's stock traded hands, compared to its average volume of 354,861. 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 50 day simple moving average of $42.21 and a two-hundred day simple moving average of $45.75. John Wiley & Sons, Inc. has a fifty-two week low of $34.85 and a fifty-two week high of $53.96. The stock has a market cap of $2.26 billion, a price-to-earnings ratio of -46.16 and a beta of 0.86.

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

John Wiley & Sons Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Tuesday, April 8th will be issued a dividend of $0.3525 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend is Tuesday, April 8th. John Wiley & Sons's dividend payout ratio is presently 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.