CPC Advisors LLC cut its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY – Free Report) by 85.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,189 shares of the company’s stock after selling 48,017 shares during the period. CPC Advisors LLC’s holdings in John Wiley & Sons were worth $251,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Access Investment Management LLC lifted its position in shares of John Wiley & Sons by 74.7% during the third quarter. Access Investment Management LLC now owns 155,940 shares of the company’s stock worth $6,311,000 after purchasing an additional 66,660 shares during the last quarter. LSV Asset Management bought a new position in shares of John Wiley & Sons during the third quarter worth about $4,027,000. Allianz Asset Management GmbH lifted its position in shares of John Wiley & Sons by 22.8% during the third quarter. Allianz Asset Management GmbH now owns 268,586 shares of the company’s stock worth $10,870,000 after purchasing an additional 49,878 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of John Wiley & Sons by 13.8% during the third quarter. JPMorgan Chase & Co. now owns 650,021 shares of the company’s stock worth $26,306,000 after purchasing an additional 78,595 shares during the last quarter. Finally, WINTON GROUP Ltd lifted its position in shares of John Wiley & Sons by 891.4% during the third quarter. WINTON GROUP Ltd now owns 79,871 shares of the company’s stock worth $3,232,000 after purchasing an additional 71,815 shares during the last quarter. 73.94% of the stock is currently owned by institutional investors and hedge funds.
John Wiley & Sons Stock Performance
WLY opened at $41.82 on Thursday. The business’s 50 day moving average is $35.70 and its 200-day moving average is $34.31. The stock has a market cap of $2.15 billion, a PE ratio of 14.57 and a beta of 0.80. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 1.06. John Wiley & Sons, Inc. has a twelve month low of $28.38 and a twelve month high of $45.64.
John Wiley & Sons Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Tuesday, April 7th will be paid a dividend of $0.355 per share. This represents a $1.42 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Tuesday, April 7th. John Wiley & Sons’s dividend payout ratio (DPR) is currently 49.48%.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on WLY shares. Zacks Research raised shares of John Wiley & Sons from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Weiss Ratings reissued a “hold (c)” rating on shares of John Wiley & Sons in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, John Wiley & Sons has an average rating of “Buy”.
View Our Latest Stock Analysis on WLY
John Wiley & Sons Profile
John Wiley & Sons, Inc is a global publishing and educational services company founded in 1807 and headquartered in Hoboken, New Jersey. The company operates through two primary segments: Research & Publishing and Education. Through these segments, Wiley produces a wide range of scholarly journals, books, reference works and digital products for academic, scientific, technical and medical markets, as well as professional development and higher education learning resources.
In its Research & Publishing segment, Wiley publishes thousands of peer-reviewed journals and maintains the Wiley Online Library, a leading platform for scientific and scholarly content.
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