William Blair Investment Management LLC decreased its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY – Free Report) by 9.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 794,900 shares of the company’s stock after selling 83,693 shares during the quarter. William Blair Investment Management LLC owned about 1.51% of John Wiley & Sons worth $24,348,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in John Wiley & Sons by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 4,840,470 shares of the company’s stock valued at $148,264,000 after purchasing an additional 25,174 shares in the last quarter. Clarkston Capital Partners LLC raised its stake 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 purchasing an additional 315,329 shares in the last quarter. State Street Corp raised its stake in John Wiley & Sons by 2.1% during the second quarter. State Street Corp now owns 1,714,430 shares of the company’s stock valued at $76,515,000 after purchasing an additional 34,782 shares in the last quarter. Schroder Investment Management Group raised its stake in John Wiley & Sons by 1.2% during the third quarter. Schroder Investment Management Group now owns 1,573,330 shares of the company’s stock valued at $63,673,000 after purchasing an additional 19,067 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in John Wiley & Sons by 3.7% during the third quarter. Dimensional Fund Advisors LP now owns 1,557,800 shares of the company’s stock valued at $63,041,000 after purchasing an additional 55,155 shares in the last quarter. Hedge funds and other institutional investors own 73.94% of the company’s stock.
John Wiley & Sons Trading Up 0.0%
Shares of WLY opened at $42.35 on Tuesday. John Wiley & Sons, Inc. has a twelve month low of $28.38 and a twelve month high of $45.64. The company has a market cap of $2.17 billion, a P/E ratio of 14.76 and a beta of 0.80. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 1.06. The company’s fifty day simple moving average is $39.57 and its 200-day simple moving average is $34.85.
John Wiley & Sons Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Tuesday, April 7th were issued a $0.355 dividend. The ex-dividend date was Tuesday, April 7th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 3.4%. John Wiley & Sons’s dividend payout ratio is presently 49.48%.
Analysts Set New Price Targets
Separately, Zacks Research downgraded shares of John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 15th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.
View Our Latest Research Report on WLY
John Wiley & Sons Company Profile
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.
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