8,200 Shares in John Wiley & Sons, Inc. (NYSE:WLY) Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS purchased a new stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,200 shares of the company's stock, valued at approximately $361,000.

Several other hedge funds also recently added to or reduced their stakes in WLY. Oppenheimer & Co. Inc. increased its holdings in shares of John Wiley & Sons by 9.6% in the 4th quarter. Oppenheimer & Co. Inc. now owns 6,487 shares of the company's stock valued at $284,000 after acquiring an additional 567 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in 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 worth $151,000 after purchasing an additional 3,300 shares during the period. JPMorgan Chase & Co. increased its stake in John Wiley & Sons by 29.3% during the third 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 during the last quarter. State Street Corp raised its holdings in shares of John Wiley & Sons by 7.2% during the third quarter. State Street Corp now owns 1,688,156 shares of the company's stock worth $81,454,000 after purchasing an additional 113,631 shares during the period. Finally, Amundi lifted its position in shares of John Wiley & Sons by 191.0% in the 4th quarter. Amundi now owns 21,121 shares of the company's stock worth $904,000 after buying an additional 13,863 shares during the last quarter. 73.94% of the stock is owned by institutional investors and hedge funds.

John Wiley & Sons Stock Performance

Shares of NYSE WLY traded down $1.24 during midday trading on Thursday, hitting $41.45. The company's stock had a trading volume of 352,321 shares, compared to its average volume of 356,753. The firm has a market cap of $2.23 billion, a P/E ratio of -45.55 and a beta of 0.86. John Wiley & Sons, Inc. has a 1-year low of $34.85 and a 1-year high of $53.96. The firm's fifty day moving average price is $42.20 and its 200-day moving average price is $45.54. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66.

John Wiley & Sons (NYSE:WLY - Get Free Report) last posted its 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 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. On average, sell-side analysts forecast 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. Stockholders of record on Tuesday, April 8th will be given a dividend of $0.3525 per share. The ex-dividend date is Tuesday, April 8th. This represents a $1.41 annualized dividend and a dividend yield of 3.40%. John Wiley & Sons's dividend payout ratio is currently 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.