Schroder Investment Management Group Decreases Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Schroder Investment Management Group lowered its stake in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 27.0% in the fourth quarter, Holdings Channel reports. The firm owned 988,402 shares of the company’s stock after selling 365,442 shares during the period. Schroder Investment Management Group’s holdings in John Wiley & Sons were worth $43,203,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Cerity Partners LLC raised its holdings in shares of John Wiley & Sons by 84.6% during the third quarter. Cerity Partners LLC now owns 15,760 shares of the company’s stock valued at $760,000 after acquiring an additional 7,222 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in John Wiley & Sons by 9.5% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 21,138 shares of the company’s stock valued at $1,020,000 after purchasing an additional 1,830 shares during the last quarter. Glenmede Trust Co. NA lifted its holdings in John Wiley & Sons by 40.0% in the 3rd quarter. Glenmede Trust Co. NA now owns 7,489 shares of the company’s stock valued at $361,000 after purchasing an additional 2,139 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in John Wiley & Sons by 0.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 98,284 shares of the company’s stock worth $4,742,000 after purchasing an additional 342 shares during the last quarter. Finally, Edgestream Partners L.P. purchased a new stake in shares of John Wiley & Sons during the third quarter worth $1,625,000. Institutional investors and hedge funds own 73.94% of the company’s stock.

John Wiley & Sons Price Performance

Shares of NYSE WLY opened at $45.08 on Wednesday. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of -49.54 and a beta of 0.82. John Wiley & Sons, Inc. has a 52 week low of $34.85 and a 52 week high of $53.96. The firm has a 50-day simple moving average of $42.11 and a 200-day simple moving average of $45.81. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26.

John Wiley & Sons (NYSE:WLY) last released its earnings results on Thursday, March 6th. The company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.39. The business had revenue of $404.63 million for the quarter, compared to analyst estimates of $401.10 million. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. On average, equities analysts predict that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th will be paid a dividend of $0.3525 per share. This represents a $1.41 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Tuesday, April 8th. John Wiley & Sons’s dividend payout ratio (DPR) is currently 190.54%.

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.