Duality Advisers LP Grows Stock Position in John Wiley & Sons, Inc. (NYSE:WLY)

Duality Advisers LP grew its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 71.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 28,061 shares of the company’s stock after purchasing an additional 11,683 shares during the quarter. Duality Advisers LP’s holdings in John Wiley & Sons were worth $891,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Daiwa Securities Group Inc. purchased a new stake in shares of John Wiley & Sons during the 4th quarter valued at about $29,000. DekaBank Deutsche Girozentrale purchased a new stake in John Wiley & Sons in the 4th quarter worth approximately $48,000. Adirondack Trust Co. purchased a new stake in John Wiley & Sons in the 3rd quarter worth approximately $63,000. Allspring Global Investments Holdings LLC increased its holdings in John Wiley & Sons by 5,897.8% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,759 shares of the company’s stock worth $88,000 after acquiring an additional 2,713 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in John Wiley & Sons in the 3rd quarter worth approximately $89,000. Hedge funds and other institutional investors own 73.94% of the company’s stock.

Insiders Place Their Bets

In other John Wiley & Sons news, EVP Jay Flynn sold 6,114 shares of the company’s stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $38.82, for a total value of $237,345.48. Following the completion of the transaction, the executive vice president now directly owns 8,069 shares in the company, valued at approximately $313,238.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.79% of the stock is currently owned by corporate insiders.

John Wiley & Sons Stock Down 0.9 %

John Wiley & Sons stock opened at $38.34 on Thursday. The firm has a 50 day moving average of $36.35 and a 200 day moving average of $33.31. John Wiley & Sons, Inc. has a 12-month low of $28.83 and a 12-month high of $40.23. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.54 and a quick ratio of 0.50.

John Wiley & Sons (NYSE:WLY) last posted its quarterly earnings results on Thursday, March 7th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.14. John Wiley & Sons had a positive return on equity of 18.83% and a negative net margin of 8.14%. The business had revenue of $460.70 million during the quarter, compared to the consensus estimate of $392.60 million. During the same period in the prior year, the company posted $0.85 EPS. The firm’s revenue for the quarter was down 6.2% compared to the same quarter last year. On average, analysts expect that John Wiley & Sons, Inc. will post 2.55 earnings per share for the current fiscal year.

John Wiley & Sons Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 25th. Shareholders of record on Tuesday, April 9th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Monday, April 8th. This represents a $1.40 annualized dividend and a yield of 3.65%. John Wiley & Sons’s payout ratio is -48.61%.

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.