Cubist Systematic Strategies LLC Invests $1.25 Million in John Wiley & Sons, Inc. (NYSE:WLY)

Cubist Systematic Strategies LLC acquired a new stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,580 shares of the company's stock, valued at approximately $1,245,000. Cubist Systematic Strategies LLC owned 0.06% of John Wiley & Sons at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Dimensional Fund Advisors LP grew its holdings in shares of John Wiley & Sons by 4.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,924,498 shares of the company's stock valued at $78,326,000 after purchasing an additional 90,693 shares during the period. Schroder Investment Management Group lifted its position in John Wiley & Sons by 27.5% in the fourth quarter. Schroder Investment Management Group now owns 1,402,002 shares of the company's stock valued at $44,500,000 after buying an additional 302,491 shares during the last quarter. Bank of New York Mellon Corp lifted its position in John Wiley & Sons by 1.9% in the second quarter. Bank of New York Mellon Corp now owns 1,302,764 shares of the company's stock valued at $53,022,000 after buying an additional 24,215 shares during the last quarter. William Blair Investment Management LLC lifted its position in John Wiley & Sons by 21.6% in the first quarter. William Blair Investment Management LLC now owns 1,060,573 shares of the company's stock valued at $40,440,000 after buying an additional 188,211 shares during the last quarter. Finally, Burgundy Asset Management Ltd. lifted its position in John Wiley & Sons by 1.6% in the second quarter. Burgundy Asset Management Ltd. now owns 987,612 shares of the company's stock valued at $40,196,000 after buying an additional 15,372 shares during the last quarter. Hedge funds and other institutional investors own 73.94% of the company's stock.

John Wiley & Sons Trading Up 0.9 %

NYSE WLY opened at $48.67 on Wednesday. The firm's 50-day moving average is $46.16 and its two-hundred day moving average is $41.68. John Wiley & Sons, Inc. has a 12 month low of $28.83 and a 12 month high of $49.20. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.57 and a quick ratio of 0.53. The stock has a market capitalization of $2.64 billion, a P/E ratio of -13.37 and a beta of 0.86.

John Wiley & Sons (NYSE:WLY - Get Free Report) last posted its earnings results on Thursday, September 5th. The company reported $0.47 EPS for the quarter, missing analysts' consensus estimates of $0.55 by ($0.08). The company had revenue of $403.81 million during the quarter, compared to analyst estimates of $387.40 million. John Wiley & Sons had a negative net margin of 6.00% and a positive return on equity of 21.59%. The company's quarterly revenue was down 10.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.27 EPS. On average, sell-side analysts anticipate that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th will be paid a $0.352 dividend. This represents a $1.41 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend is Tuesday, October 8th. John Wiley & Sons's payout ratio is -38.74%.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.