164,001 Shares in John Wiley & Sons, Inc. (NYSE:WLY) Purchased by River Global Investors LLP

River Global Investors LLP bought a new stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 164,001 shares of the company's stock, valued at approximately $7,174,000. John Wiley & Sons comprises approximately 1.4% of River Global Investors LLP's portfolio, making the stock its 18th biggest holding. River Global Investors LLP owned about 0.30% of John Wiley & Sons at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in WLY. Edgestream Partners L.P. raised its holdings in shares of John Wiley & Sons by 158.0% during the 4th quarter. Edgestream Partners L.P. now owns 86,921 shares of the company's stock valued at $3,799,000 after purchasing an additional 53,233 shares in the last quarter. Inceptionr LLC increased its position in John Wiley & Sons by 61.6% during the fourth quarter. Inceptionr LLC now owns 19,758 shares of the company's stock worth $864,000 after buying an additional 7,529 shares during the last quarter. Raymond James Financial Inc. acquired a new position in John Wiley & Sons during the fourth quarter worth $34,916,000. Atria Investments Inc raised its holdings in John Wiley & Sons by 7.0% during the fourth quarter. Atria Investments Inc now owns 14,460 shares of the company's stock valued at $632,000 after buying an additional 951 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of John Wiley & Sons by 261.9% in the fourth quarter. Victory Capital Management Inc. now owns 129,423 shares of the company's stock worth $5,657,000 after buying an additional 93,661 shares during the last quarter. 73.94% of the stock is currently owned by institutional investors and hedge funds.

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John Wiley & Sons Stock Down 5.6 %

Shares of WLY traded down $2.63 during trading hours on Wednesday, hitting $44.11. 525,670 shares of the company were exchanged, compared to its average volume of 326,723. 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 company has a market cap of $2.38 billion, a PE ratio of -48.47 and a beta of 0.82. The firm's 50 day moving average is $41.67 and its 200-day moving average is $45.97. John Wiley & Sons, Inc. has a 52 week low of $34.85 and a 52 week high of $53.96.

John Wiley & Sons (NYSE:WLY - Get Free Report) last announced 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. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. The firm had revenue of $404.63 million during the quarter, compared to analysts' expectations of $401.10 million. On average, equities research analysts forecast that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were paid a $0.3525 dividend. The ex-dividend date was Thursday, December 26th. This is a positive change from John Wiley & Sons's previous quarterly dividend of $0.35. This represents a $1.41 dividend on an annualized basis and a yield of 3.20%. John Wiley & Sons's dividend payout ratio (DPR) is presently 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.