Arjuna Capital Sells 37,703 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Arjuna Capital decreased its stake in John Wiley & Sons, Inc. (NYSE:WLY) by 68.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,505 shares of the company’s stock after selling 37,703 shares during the quarter. Arjuna Capital’s holdings in John Wiley & Sons were worth $765,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Blue Trust Inc. boosted its position in shares of John Wiley & Sons by 114.6% during the fourth quarter. Blue Trust Inc. now owns 749 shares of the company’s stock worth $36,000 after purchasing an additional 400 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new stake in John Wiley & Sons during the 3rd quarter worth $57,000. Nisa Investment Advisors LLC lifted its holdings in John Wiley & Sons by 2,578.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company’s stock worth $151,000 after acquiring an additional 3,300 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in John Wiley & Sons by 21.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company’s stock worth $151,000 after acquiring an additional 603 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in John Wiley & Sons by 10.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company’s stock valued at $161,000 after acquiring an additional 350 shares during the period. 73.94% of the stock is currently owned by institutional investors and hedge funds.

John Wiley & Sons Trading Up 5.6 %

NYSE WLY opened at $46.14 on Friday. John Wiley & Sons, Inc. has a one year low of $34.85 and a one year high of $53.96. 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 P/E ratio of -50.71 and a beta of 0.82. The stock’s 50-day moving average is $41.56 and its 200-day moving average is $45.96.

John Wiley & Sons (NYSE:WLY) last announced its earnings results on Thursday, March 6th. The company reported $0.84 EPS 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 the consensus estimate of $401.10 million. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. Sell-side analysts anticipate 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 disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were given a $0.3525 dividend. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a yield of 3.06%. The ex-dividend date of this dividend was Thursday, December 26th. John Wiley & Sons’s payout ratio is currently -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.