John Wiley & Sons, Inc. (NYSE:WLY) Shares Bought by Edgestream Partners L.P.

Edgestream Partners L.P. grew its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 158.0% in the fourth quarter, HoldingsChannel reports. The fund owned 86,921 shares of the company’s stock after buying an additional 53,233 shares during the period. Edgestream Partners L.P.’s holdings in John Wiley & Sons were worth $3,799,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in WLY. Harbor Capital Advisors Inc. acquired a new position in John Wiley & Sons during the 3rd quarter worth $57,000. Principal Financial Group Inc. boosted its position in John Wiley & Sons by 0.8% during the 3rd quarter. Principal Financial Group Inc. now owns 209,184 shares of the company’s stock worth $10,093,000 after acquiring an additional 1,600 shares during the period. Verdence Capital Advisors LLC raised its stake in shares of John Wiley & Sons by 5.8% in the 3rd quarter. Verdence Capital Advisors LLC now owns 7,617 shares of the company’s stock worth $368,000 after buying an additional 417 shares in the last quarter. Atria Investments Inc raised its stake in shares of John Wiley & Sons by 39.6% in the 3rd quarter. Atria Investments Inc now owns 13,509 shares of the company’s stock worth $652,000 after buying an additional 3,833 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in shares of John Wiley & Sons by 113.6% in the 3rd quarter. Victory Capital Management Inc. now owns 35,762 shares of the company’s stock worth $1,726,000 after buying an additional 19,017 shares in the last quarter. Institutional investors and hedge funds own 73.94% of the company’s stock.

John Wiley & Sons Stock Up 5.6 %

WLY opened at $46.14 on Friday. John Wiley & Sons, Inc. has a one year low of $34.85 and a one year high of $53.96. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. The stock’s fifty day moving average is $41.56 and its 200-day moving average is $45.97. The company has a market capitalization of $2.49 billion, a PE ratio of -50.71 and a beta of 0.82.

John Wiley & Sons (NYSE:WLY) last posted its quarterly earnings data on Thursday, March 6th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.39. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. The company had revenue of $404.63 million for the quarter, compared to the consensus estimate of $401.10 million. On average, equities analysts predict that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were paid a $0.3525 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date of this dividend was Thursday, December 26th. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. 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.