John Wiley & Sons, Inc. (NYSE:WLY) Shares Sold by Seizert Capital Partners LLC

Seizert Capital Partners LLC trimmed its stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 33.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 63,458 shares of the company's stock after selling 32,237 shares during the quarter. Seizert Capital Partners LLC owned approximately 0.12% of John Wiley & Sons worth $2,774,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. acquired a new position in John Wiley & Sons in the 3rd quarter valued at about $161,000. Harbor Capital Advisors Inc. purchased a new stake in shares of John Wiley & Sons during the third quarter worth about $57,000. NorthRock Partners LLC raised its position in shares of John Wiley & Sons by 21.3% in the third quarter. NorthRock Partners LLC now owns 31,389 shares of the company's stock valued at $1,515,000 after buying an additional 5,503 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of John Wiley & Sons by 0.8% during the third quarter. Principal Financial Group Inc. now owns 209,184 shares of the company's stock valued at $10,093,000 after buying an additional 1,600 shares during the period. Finally, Consolidated Planning Corp acquired a new stake in John Wiley & Sons during the third quarter worth approximately $682,000. 73.94% of the stock is currently owned by hedge funds and other institutional investors.

John Wiley & Sons Trading Up 5.6 %

WLY stock traded up $2.44 during midday trading on Friday, hitting $46.14. The stock had a trading volume of 833,251 shares, compared to its average volume of 324,697. The company's 50-day moving average price is $41.56 and its 200 day moving average price is $45.96. 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 market cap of $2.49 billion, a PE ratio of -50.71 and a beta of 0.82. John Wiley & Sons, Inc. has a 12-month low of $34.85 and a 12-month high of $53.96.

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John Wiley & Sons (NYSE:WLY - Get Free Report) last released 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 firm had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. On average, equities research analysts predict that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were issued a $0.3525 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 3.06%. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Thursday, December 26th. John Wiley & Sons's payout ratio is presently -154.95%.

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.