John Wiley & Sons, Inc. (NYSE:WLY) Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group reduced its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 27.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 988,402 shares of the company’s stock after selling 365,442 shares during the period. Schroder Investment Management Group owned about 1.83% of John Wiley & Sons worth $43,203,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Berry Wealth Group LP boosted its holdings in John Wiley & Sons by 5.4% in the fourth quarter. Berry Wealth Group LP now owns 4,991 shares of the company’s stock valued at $218,000 after purchasing an additional 255 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of John Wiley & Sons by 0.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 98,284 shares of the company’s stock worth $4,742,000 after buying an additional 342 shares during the last quarter. 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 valued at $161,000 after acquiring an additional 350 shares in the last quarter. Corebridge Financial Inc. lifted its holdings in John Wiley & Sons by 1.9% in the fourth quarter. Corebridge Financial Inc. now owns 21,294 shares of the company’s stock valued at $931,000 after acquiring an additional 394 shares during the period. Finally, Blue Trust Inc. boosted its position in John Wiley & Sons by 114.6% in the 4th quarter. Blue Trust Inc. now owns 749 shares of the company’s stock worth $36,000 after purchasing an additional 400 shares in the last quarter. Institutional investors and hedge funds own 73.94% of the company’s stock.

John Wiley & Sons Price Performance

Shares of NYSE WLY opened at $45.08 on Wednesday. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of -49.54 and a beta of 0.82. The firm’s 50 day simple moving average is $42.11 and its 200-day simple moving average is $45.81. John Wiley & Sons, Inc. has a 12 month low of $34.85 and a 12 month high of $53.96.

John Wiley & Sons (NYSE:WLY) last released its quarterly earnings data on Thursday, March 6th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $401.10 million. Analysts expect that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Tuesday, April 8th will be issued a $0.3525 dividend. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a yield of 3.13%. John Wiley & Sons’s payout ratio is 190.54%.

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.