Envestnet Asset Management Inc. Has $938,000 Stock Position in John Wiley & Sons, Inc. (NYSE:WLY)

Envestnet Asset Management Inc. cut its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,470 shares of the company’s stock after selling 495 shares during the period. Envestnet Asset Management Inc.’s holdings in John Wiley & Sons were worth $938,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Blue Trust Inc. lifted 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 valued at $36,000 after acquiring an additional 400 shares in the last quarter. Meeder Asset Management Inc. bought a new position in shares of John Wiley & Sons during the 4th quarter worth approximately $112,000. Nisa Investment Advisors LLC lifted its position in shares of John Wiley & Sons by 2,578.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company’s stock worth $151,000 after purchasing an additional 3,300 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of John Wiley & Sons by 21.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company’s stock worth $151,000 after buying an additional 603 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted 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 purchasing an additional 350 shares during the last quarter. 73.94% of the stock is owned by institutional investors and hedge funds.

John Wiley & Sons Trading Up 0.1 %

NYSE WLY opened at $43.69 on Friday. The company has a market cap of $2.35 billion, a PE ratio of -48.01 and a beta of 0.86. John Wiley & Sons, Inc. has a 12 month low of $34.85 and a 12 month high of $53.96. The stock has a 50 day moving average of $42.94 and a 200-day moving average of $44.95. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26.

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, topping the consensus estimate of $0.45 by $0.39. The company had revenue of $404.63 million for the quarter, compared to analyst estimates of $401.10 million. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. On average, equities research analysts anticipate that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were given a dividend of $0.3525 per share. The ex-dividend date of this dividend was Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a yield of 3.23%. John Wiley & Sons’s dividend payout ratio (DPR) is 190.54%.

John Wiley & Sons Profile

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.