Consolidated Planning Corp Sells 4,067 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Consolidated Planning Corp lessened its position in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 28.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,074 shares of the company’s stock after selling 4,067 shares during the quarter. Consolidated Planning Corp’s holdings in John Wiley & Sons were worth $440,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in WLY. Victory Capital Management Inc. boosted 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 valued at $1,726,000 after purchasing an additional 19,017 shares during the last quarter. Eagle Asset Management Inc. boosted its stake in John Wiley & Sons by 40.1% in the third quarter. Eagle Asset Management Inc. now owns 407,997 shares of the company’s stock valued at $21,273,000 after acquiring an additional 116,772 shares during the last quarter. D.A. Davidson & CO. bought a new position in John Wiley & Sons in the third quarter valued at approximately $2,134,000. Atom Investors LP grew its holdings in John Wiley & Sons by 178.6% during the 3rd 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. Finally, Intech Investment Management LLC bought a new stake in shares of John Wiley & Sons during the 3rd quarter valued at $543,000. Institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Price Performance

NYSE:WLY opened at $40.36 on Friday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. John Wiley & Sons, Inc. has a 12-month low of $32.50 and a 12-month high of $53.96. The stock’s fifty day simple moving average is $43.32 and its 200-day simple moving average is $46.61.

John Wiley & Sons (NYSE:WLY) last issued its earnings results on Thursday, December 5th. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.09. The firm had revenue of $426.60 million for the quarter, compared to analysts’ expectations of $420.00 million. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. The company’s revenue for the quarter was down 13.4% on a year-over-year basis. 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 announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were paid a $0.3525 dividend. This represents a $1.41 annualized dividend and a yield of 3.49%. 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 dividend payout ratio is presently -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.