John Wiley & Sons, Inc. (NYSE:WLY) Holdings Lifted by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P raised its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 16.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 240,654 shares of the company's stock after purchasing an additional 34,373 shares during the quarter. Loomis Sayles & Co. L P owned 0.45% of John Wiley & Sons worth $10,519,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Blue Trust Inc. increased its holdings 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 valued at $36,000 after acquiring an additional 400 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in shares of John Wiley & Sons by 2,578.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company's stock worth $151,000 after buying an additional 3,300 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of John Wiley & Sons by 21.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company's stock valued at $151,000 after buying an additional 603 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in shares of John Wiley & Sons by 10.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company's stock valued at $161,000 after buying an additional 350 shares during the last quarter. Finally, Berry Wealth Group LP raised its stake in John Wiley & Sons by 5.4% during the fourth quarter. Berry Wealth Group LP now owns 4,991 shares of the company's stock worth $218,000 after acquiring an additional 255 shares during the period. Institutional investors and hedge funds own 73.94% of the company's stock.

John Wiley & Sons Stock Performance

WLY stock traded down $1.72 during midday trading on Thursday, reaching $43.78. The company had a trading volume of 51,254 shares, compared to its average volume of 351,087. The firm has a market capitalization of $2.36 billion, a PE ratio of -48.11 and a beta of 0.82. The stock has a 50 day moving average price of $42.17 and a 200 day moving average price of $45.81. 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 quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26.

John Wiley & Sons (NYSE:WLY - Get Free Report) last issued its earnings results on Thursday, March 6th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.39. The firm had revenue of $404.63 million for the quarter, compared to analyst estimates of $401.10 million. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. Analysts anticipate that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Announces Dividend

The firm also recently announced 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. This represents a $1.41 annualized dividend and a yield of 3.22%. The ex-dividend date of this dividend is Tuesday, April 8th. John Wiley & Sons's payout ratio is currently 190.54%.

John Wiley & Sons 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.