John Wiley & Sons, Inc. $WLY Shares Sold by UBS Group AG

UBS Group AG decreased its position in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 22.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 164,403 shares of the company’s stock after selling 47,448 shares during the quarter. UBS Group AG’s holdings in John Wiley & Sons were worth $5,036,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of WLY. SG Capital Management LLC lifted its holdings in shares of John Wiley & Sons by 71.1% during the third quarter. SG Capital Management LLC now owns 1,474,796 shares of the company’s stock worth $59,685,000 after purchasing an additional 612,866 shares during the period. Qube Research & Technologies Ltd raised its position in John Wiley & Sons by 323.5% during the second quarter. Qube Research & Technologies Ltd now owns 528,088 shares of the company’s stock valued at $23,569,000 after acquiring an additional 403,389 shares in the last quarter. Neumeier Poma Investment Counsel LLC purchased a new position in John Wiley & Sons during the third quarter valued at approximately $16,012,000. Invesco Ltd. raised its position in John Wiley & Sons by 192.5% during the second quarter. Invesco Ltd. now owns 594,815 shares of the company’s stock valued at $26,547,000 after acquiring an additional 391,428 shares in the last quarter. Finally, Clarkston Capital Partners LLC raised its position in John Wiley & Sons by 16.7% during the third quarter. Clarkston Capital Partners LLC now owns 2,207,824 shares of the company’s stock valued at $89,351,000 after acquiring an additional 315,329 shares in the last quarter. Institutional investors and hedge funds own 73.94% of the company’s stock.

John Wiley & Sons Stock Up 1.3%

Shares of WLY opened at $41.91 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.57 and a current ratio of 0.59. John Wiley & Sons, Inc. has a one year low of $28.38 and a one year high of $45.64. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 14.60 and a beta of 0.79. The stock has a 50 day moving average price of $39.34 and a 200 day moving average price of $34.78.

John Wiley & Sons (NYSE:WLY) last issued its quarterly earnings results on Friday, March 6th. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.86 by $0.11. John Wiley & Sons had a return on equity of 28.38% and a net margin of 9.24%.The firm had revenue of $410.04 million during the quarter, compared to analysts’ expectations of $391.00 million. During the same period in the previous year, the business earned $0.84 earnings per share. The firm’s revenue for the quarter was up 1.3% on a year-over-year basis. Equities research analysts forecast that John Wiley & Sons, Inc. will post 4.2 earnings per share for the current fiscal year.

John Wiley & Sons Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, April 7th were given a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Tuesday, April 7th. John Wiley & Sons’s payout ratio is presently 49.48%.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, John Wiley & Sons currently has an average rating of “Hold”.

About John Wiley & Sons

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.