Thompson Siegel & Walmsley LLC Reduces Stock Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Thompson Siegel & Walmsley LLC trimmed its position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 9.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 203,458 shares of the company's stock after selling 20,850 shares during the quarter. Thompson Siegel & Walmsley LLC owned 0.37% of John Wiley & Sons worth $9,817,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Russell Investments Group Ltd. lifted its position in John Wiley & Sons by 36.9% in the 1st quarter. Russell Investments Group Ltd. now owns 58,568 shares of the company's stock valued at $2,233,000 after acquiring an additional 15,779 shares in the last quarter. US Bancorp DE grew its holdings in shares of John Wiley & Sons by 448.0% during the first quarter. US Bancorp DE now owns 11,174 shares of the company's stock worth $426,000 after buying an additional 9,135 shares in the last quarter. State Board of Administration of Florida Retirement System raised its position in John Wiley & Sons by 5.3% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 12,826 shares of the company's stock valued at $497,000 after buying an additional 640 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its position in John Wiley & Sons by 33.6% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 25,407 shares of the company's stock worth $976,000 after acquiring an additional 6,390 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC bought a new position in shares of John Wiley & Sons during the 1st quarter worth approximately $1,186,000. Institutional investors and hedge funds own 73.94% of the company's stock.

John Wiley & Sons Stock Up 2.4 %

Shares of NYSE:WLY traded up $1.21 during trading on Friday, hitting $52.16. 224,631 shares of the company were exchanged, compared to its average volume of 337,919. John Wiley & Sons, Inc. has a fifty-two week low of $29.04 and a fifty-two week high of $53.79. The stock has a market cap of $2.83 billion, a price-to-earnings ratio of -25.48 and a beta of 0.85. The company has a current ratio of 0.57, a quick ratio of 0.53 and a debt-to-equity ratio of 1.27. The firm has a fifty day moving average price of $49.54 and a two-hundred day moving average price of $44.95.

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

John Wiley & Sons Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th were paid a dividend of $0.352 per share. This represents a $1.41 annualized dividend and a yield of 2.70%. The ex-dividend date of this dividend was Tuesday, October 8th. John Wiley & Sons's payout ratio is -70.50%.

Insider Activity

In related news, EVP Danielle Mcmahan sold 2,318 shares of the firm's stock in a transaction on Tuesday, October 8th. The stock was sold at an average price of $49.41, for a total transaction of $114,532.38. Following the completion of the transaction, the executive vice president now directly owns 8,978 shares of the company's stock, valued at $443,602.98. This trade represents a 20.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.62% of the stock is currently owned by corporate insiders.

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.