Arjuna Capital lowered its stake in John Wiley & Sons, Inc. (NYSE:WLY – Free Report) by 68.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 17,505 shares of the company’s stock after selling 37,703 shares during the period. Arjuna Capital’s holdings in John Wiley & Sons were worth $765,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of WLY. Blue Trust Inc. grew its stake in John Wiley & Sons by 114.6% in the fourth quarter. Blue Trust Inc. now owns 749 shares of the company’s stock valued at $36,000 after purchasing an additional 400 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new stake in shares of John Wiley & Sons in the 3rd quarter valued at approximately $57,000. Nisa Investment Advisors LLC grew its stake in shares of 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 valued at $151,000 after buying an additional 3,300 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in John Wiley & Sons by 21.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company’s stock worth $151,000 after buying an additional 603 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in John Wiley & Sons by 10.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company’s stock worth $161,000 after acquiring an additional 350 shares in the last quarter. Institutional investors own 73.94% of the company’s stock.
John Wiley & Sons Stock Performance
Shares of WLY stock opened at $46.14 on Friday. The company has a fifty day moving average price of $41.56 and a two-hundred day moving average price of $45.96. John Wiley & Sons, Inc. has a one year low of $34.85 and a one year high of $53.96. The stock has a market cap of $2.49 billion, a P/E ratio of -50.71 and a beta of 0.82. 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 Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were paid a dividend of $0.3525 per share. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a dividend yield of 3.06%. The ex-dividend date was Thursday, December 26th. John Wiley & Sons’s payout ratio is currently -154.95%.
John Wiley & Sons 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.
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