NorthRock Partners LLC Grows Position in John Wiley & Sons, Inc. (NYSE:WLY)

NorthRock Partners LLC increased its position in John Wiley & Sons, Inc. (NYSE:WLY) by 21.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,389 shares of the company’s stock after purchasing an additional 5,503 shares during the period. NorthRock Partners LLC’s holdings in John Wiley & Sons were worth $1,515,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. William Blair Investment Management LLC grew its stake in shares of John Wiley & Sons by 21.6% in the 1st quarter. William Blair Investment Management LLC now owns 1,060,573 shares of the company’s stock worth $40,440,000 after buying an additional 188,211 shares during the last quarter. Westfield Capital Management Co. LP purchased a new stake in shares of John Wiley & Sons in the first quarter worth $7,052,000. Dimensional Fund Advisors LP increased its holdings in shares of John Wiley & Sons by 4.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,924,498 shares of the company’s stock valued at $78,326,000 after acquiring an additional 90,693 shares in the last quarter. Raymond James & Associates raised its position in shares of John Wiley & Sons by 19.5% in the 2nd quarter. Raymond James & Associates now owns 501,891 shares of the company’s stock worth $20,427,000 after purchasing an additional 81,968 shares during the last quarter. Finally, Arjuna Capital boosted its stake in John Wiley & Sons by 213.3% in the 2nd quarter. Arjuna Capital now owns 54,378 shares of the company’s stock worth $2,213,000 after purchasing an additional 37,019 shares in the last quarter. Institutional investors own 73.94% of the company’s stock.

Insider Activity at John Wiley & Sons

In other John Wiley & Sons news, EVP Danielle Mcmahan sold 2,318 shares of the business’s stock in a transaction dated Tuesday, October 8th. The stock was sold at an average price of $49.41, for a total value of $114,532.38. Following the completion of the transaction, the executive vice president now owns 8,978 shares of the company’s stock, valued at approximately $443,602.98. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.62% of the stock is currently owned by insiders.

John Wiley & Sons Price Performance

NYSE:WLY traded up $0.12 on Tuesday, reaching $49.44. 32,322 shares of the stock traded hands, compared to its average volume of 340,179. The company has a quick ratio of 0.53, a current ratio of 0.57 and a debt-to-equity ratio of 1.27. John Wiley & Sons, Inc. has a 12 month low of $29.04 and a 12 month high of $51.79. The company’s fifty day simple moving average is $48.04 and its 200 day simple moving average is $43.81.

John Wiley & Sons (NYSE:WLY) last announced its quarterly earnings results on Thursday, September 5th. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.08). The firm had revenue of $403.81 million for the quarter, compared to the consensus estimate of $387.40 million. John Wiley & Sons had a negative net margin of 6.00% and a positive return on equity of 21.59%. John Wiley & Sons’s revenue was down 10.5% on a year-over-year basis. During the same period last year, the business earned $0.27 EPS.

John Wiley & Sons Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th were issued a dividend of $0.352 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date was Tuesday, October 8th. John Wiley & Sons’s payout ratio is currently -70.50%.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.