John Wiley & Sons, Inc. (NYSE:WLY) Stock Position Reduced by Madison Avenue Partners LP

Madison Avenue Partners LP decreased its position in John Wiley & Sons, Inc. (NYSE:WLY) by 8.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,096,793 shares of the company’s stock after selling 193,413 shares during the quarter. John Wiley & Sons accounts for 9.7% of Madison Avenue Partners LP’s portfolio, making the stock its 3rd biggest holding. Madison Avenue Partners LP owned approximately 3.88% of John Wiley & Sons worth $91,651,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of WLY. Franklin Resources Inc. increased its position in shares of John Wiley & Sons by 14.5% during the 3rd quarter. Franklin Resources Inc. now owns 25,192 shares of the company’s stock valued at $1,254,000 after purchasing an additional 3,193 shares during the last quarter. Principal Financial Group Inc. grew its position in John Wiley & Sons by 0.8% in the 3rd quarter. Principal Financial Group Inc. now owns 209,184 shares of the company’s stock valued at $10,093,000 after acquiring an additional 1,600 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in John Wiley & Sons by 2,578.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company’s stock worth $151,000 after purchasing an additional 3,300 shares during the period. Blue Trust Inc. lifted 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 during the last quarter. Finally, KBC Group NV boosted its stake in shares of John Wiley & Sons by 8.1% during the fourth quarter. KBC Group NV now owns 9,074 shares of the company’s stock valued at $397,000 after purchasing an additional 682 shares during the period. 73.94% of the stock is owned by hedge funds and other institutional investors.

John Wiley & Sons Trading Down 0.4%

NYSE WLY opened at $43.34 on Wednesday. The stock has a market cap of $2.33 billion, a PE ratio of -47.63 and a beta of 0.95. John Wiley & Sons, Inc. has a 12 month low of $34.85 and a 12 month high of $53.96. The company’s 50-day moving average price is $43.71 and its 200-day moving average price is $44.61. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26.

John Wiley & Sons (NYSE:WLY) last issued its earnings results on Thursday, March 6th. The company reported $0.84 EPS 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 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%. Equities research analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were issued a $0.3525 dividend. This represents a $1.41 annualized dividend and a dividend yield of 3.25%. The ex-dividend date of this dividend was Tuesday, April 8th. John Wiley & Sons’s dividend payout ratio is 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.