Consolidated Planning Corp Has $440,000 Position in John Wiley & Sons, Inc. (NYSE:WLY)

Consolidated Planning Corp lessened its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 28.8% during the 4th quarter, HoldingsChannel reports. The firm owned 10,074 shares of the company’s stock after selling 4,067 shares during the period. Consolidated Planning Corp’s holdings in John Wiley & Sons were worth $440,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of WLY. AQR Capital Management LLC lifted its stake in John Wiley & Sons by 13.5% in the second quarter. AQR Capital Management LLC now owns 6,796 shares of the company’s stock valued at $273,000 after buying an additional 806 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of John Wiley & Sons by 39.2% during the third quarter. GAMMA Investing LLC now owns 1,187 shares of the company’s stock worth $57,000 after acquiring an additional 334 shares during the period. Wedge Capital Management L L P NC lifted its position in John Wiley & Sons by 2.7% in the 3rd quarter. Wedge Capital Management L L P NC now owns 31,297 shares of the company’s stock valued at $1,510,000 after acquiring an additional 830 shares in the last quarter. Cardinal Capital Management boosted its stake in John Wiley & Sons by 12.4% in the 3rd quarter. Cardinal Capital Management now owns 33,307 shares of the company’s stock worth $1,607,000 after purchasing an additional 3,679 shares during the period. Finally, Berry Wealth Group LP acquired a new position in John Wiley & Sons in the 3rd quarter worth $229,000. 73.94% of the stock is currently owned by institutional investors and hedge funds.

John Wiley & Sons Stock Performance

WLY opened at $40.36 on Friday. The business’s 50-day moving average price is $43.32 and its two-hundred day moving average price is $46.61. John Wiley & Sons, Inc. has a 1 year low of $32.50 and a 1 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.

John Wiley & Sons (NYSE:WLY) last announced its earnings results on Thursday, December 5th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.09. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. The business had revenue of $426.60 million for the quarter, compared to analyst estimates of $420.00 million. The company’s quarterly revenue was down 13.4% on a year-over-year basis. On average, equities research analysts anticipate that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were given a $0.3525 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date of this dividend was Thursday, December 26th. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. 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.