John Wiley & Sons, Inc. (NYSE:WLY) Shares Purchased by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC increased its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 21.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,464 shares of the company’s stock after acquiring an additional 603 shares during the quarter. Smartleaf Asset Management LLC’s holdings in John Wiley & Sons were worth $151,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of WLY. JPMorgan Chase & Co. raised its stake in John Wiley & Sons by 29.3% during the third quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company’s stock worth $30,925,000 after acquiring an additional 145,270 shares during the period. Eagle Asset Management Inc. raised its stake in John Wiley & Sons by 40.1% during the third quarter. Eagle Asset Management Inc. now owns 407,997 shares of the company’s stock worth $21,273,000 after acquiring an additional 116,772 shares during the period. State Street Corp raised its stake in John Wiley & Sons by 7.2% during the third quarter. State Street Corp now owns 1,688,156 shares of the company’s stock worth $81,454,000 after acquiring an additional 113,631 shares during the period. D.A. Davidson & CO. acquired a new stake in John Wiley & Sons during the third quarter worth about $2,134,000. Finally, Atom Investors LP raised its stake in John Wiley & Sons by 178.6% during the third quarter. Atom Investors LP now owns 61,159 shares of the company’s stock worth $2,951,000 after acquiring an additional 39,207 shares during the period. Institutional investors and hedge funds own 73.94% of the company’s stock.

John Wiley & Sons Price Performance

WLY opened at $43.80 on Friday. The firm has a market cap of $2.37 billion, a price-to-earnings ratio of -48.14 and a beta of 0.82. John Wiley & Sons, Inc. has a fifty-two week low of $34.85 and a fifty-two week high of $53.96. The company’s 50-day moving average price is $41.53 and its 200 day moving average price is $45.96. 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 announced its quarterly earnings results on Thursday, March 6th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.45 by $0.39. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The company had revenue of $404.63 million for the quarter, compared to analyst estimates of $401.10 million. As a group, sell-side analysts expect that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were paid a $0.3525 dividend. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $1.41 annualized dividend and a dividend yield of 3.22%. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s dividend payout ratio (DPR) is presently -154.95%.

About John Wiley & Sons

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.