Code Waechter LLC Has $309,000 Stock Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Code Waechter LLC lowered its position in John Wiley & Sons, Inc. (NYSE:WLY) by 7.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,076 shares of the company’s stock after selling 551 shares during the quarter. Code Waechter LLC’s holdings in John Wiley & Sons were worth $309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in WLY. GAMMA Investing LLC increased its position in John Wiley & Sons by 39.2% in the 3rd quarter. GAMMA Investing LLC now owns 1,187 shares of the company’s stock valued at $57,000 after acquiring an additional 334 shares during the period. Harbor Capital Advisors Inc. bought a new stake in shares of John Wiley & Sons in the third quarter worth $57,000. Skandinaviska Enskilda Banken AB publ acquired a new stake in John Wiley & Sons in the second quarter valued at $60,000. Point72 DIFC Ltd bought a new position in John Wiley & Sons during the 2nd quarter worth $100,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in John Wiley & Sons during the 2nd quarter worth about $121,000. Institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Trading Up 0.3 %

Shares of WLY stock opened at $42.21 on Tuesday. The stock has a 50-day moving average of $47.58 and a 200-day moving average of $47.13. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of -46.38 and a beta of 0.88. John Wiley & Sons, Inc. has a 1-year low of $31.87 and a 1-year high of $53.96.

John Wiley & Sons (NYSE:WLY) last released its quarterly earnings results on Thursday, December 5th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.09. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The firm had revenue of $426.60 million during the quarter, compared to analyst estimates of $420.00 million. The business’s revenue was down 13.4% on a year-over-year basis. On average, equities research analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were issued a dividend of $0.3525 per share. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date was Thursday, December 26th. John Wiley & Sons’s dividend payout ratio (DPR) is presently -154.95%.

John Wiley & Sons 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.