Mission Wealth Management LP Has $358,000 Position in John Wiley & Sons, Inc. (NYSE:WLY)

Mission Wealth Management LP lifted its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 13.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 11,279 shares of the company’s stock after purchasing an additional 1,363 shares during the quarter. Mission Wealth Management LP’s holdings in John Wiley & Sons were worth $358,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Daiwa Securities Group Inc. bought a new position in shares of John Wiley & Sons during the fourth quarter worth about $29,000. DekaBank Deutsche Girozentrale bought a new position in John Wiley & Sons in the fourth quarter valued at $48,000. Adirondack Trust Co. bought a new stake in John Wiley & Sons during the 3rd quarter worth about $63,000. Allspring Global Investments Holdings LLC boosted its position in John Wiley & Sons by 5,897.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,759 shares of the company’s stock valued at $88,000 after purchasing an additional 2,713 shares during the last quarter. Finally, Acadian Asset Management LLC bought a new stake in shares of John Wiley & Sons during the 3rd quarter worth approximately $89,000. 73.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at John Wiley & Sons

In other news, EVP Jay Flynn sold 6,114 shares of the business’s stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $38.82, for a total transaction of $237,345.48. Following the completion of the sale, the executive vice president now owns 8,069 shares in the company, valued at $313,238.58. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.79% of the company’s stock.

John Wiley & Sons Trading Down 1.3 %

NYSE WLY opened at $37.81 on Friday. John Wiley & Sons, Inc. has a 12 month low of $28.83 and a 12 month high of $40.23. The company has a current ratio of 0.54, a quick ratio of 0.50 and a debt-to-equity ratio of 1.20. The stock has a 50 day moving average of $36.99 and a 200-day moving average of $33.64. The company has a market cap of $2.07 billion, a PE ratio of -13.13 and a beta of 0.89.

John Wiley & Sons (NYSE:WLY) last announced its quarterly earnings results on Thursday, March 7th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.14. John Wiley & Sons had a negative net margin of 8.14% and a positive return on equity of 18.83%. The firm had revenue of $460.70 million during the quarter, compared to analysts’ expectations of $392.60 million. During the same quarter last year, the company posted $0.85 earnings per share. The company’s revenue for the quarter was down 6.2% compared to the same quarter last year. On average, equities research analysts anticipate that John Wiley & Sons, Inc. will post 2.55 EPS for the current fiscal year.

John Wiley & Sons Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 25th. Shareholders of record on Tuesday, April 9th were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 3.70%. The ex-dividend date of this dividend was Monday, April 8th. John Wiley & Sons’s dividend payout ratio is -48.61%.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.