Thompson Siegel & Walmsley LLC Lowers Position in John Wiley & Sons, Inc. (NYSE:WLY)

Thompson Siegel & Walmsley LLC lessened its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 9.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 203,458 shares of the company’s stock after selling 20,850 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in John Wiley & Sons were worth $9,817,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of WLY. Intech Investment Management LLC bought a new position in shares of John Wiley & Sons in the third quarter worth about $543,000. Arjuna Capital increased its holdings in John Wiley & Sons by 1.5% in the 3rd quarter. Arjuna Capital now owns 55,208 shares of the company’s stock worth $2,664,000 after buying an additional 830 shares during the period. Victory Capital Management Inc. grew its stake in shares of John Wiley & Sons by 113.6% during the 3rd quarter. Victory Capital Management Inc. now owns 35,762 shares of the company’s stock worth $1,726,000 after purchasing an additional 19,017 shares during the period. Atria Investments Inc lifted its position in shares of John Wiley & Sons by 39.6% during the 3rd quarter. Atria Investments Inc now owns 13,509 shares of the company’s stock valued at $652,000 after buying an additional 3,833 shares in the last quarter. Finally, Verdence Capital Advisors LLC lifted its position in shares of John Wiley & Sons by 5.8% during the 3rd quarter. Verdence Capital Advisors LLC now owns 7,617 shares of the company’s stock valued at $368,000 after buying an additional 417 shares in the last quarter. Institutional investors own 73.94% of the company’s stock.

Insider Buying and Selling at John Wiley & Sons

In other news, EVP Danielle Mcmahan sold 2,318 shares of the 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 sale, the executive vice president now owns 8,978 shares in the company, valued at approximately $443,602.98. This trade represents a 20.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.62% of the stock is owned by corporate insiders.

John Wiley & Sons Stock Performance

Shares of WLY stock opened at $50.95 on Friday. John Wiley & Sons, Inc. has a fifty-two week low of $29.04 and a fifty-two week high of $53.79. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.53 and a current ratio of 0.57. The stock’s fifty day moving average is $49.42 and its two-hundred day moving average is $44.91.

John Wiley & Sons (NYSE:WLY) last released its 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 during the quarter, compared to analyst estimates of $387.40 million. John Wiley & Sons had a negative net margin of 6.00% and a positive return on equity of 21.59%. The business’s revenue was down 10.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 earnings per share.

John Wiley & Sons Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Investors 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 yield of 2.76%. The ex-dividend date of this dividend was Tuesday, October 8th. John Wiley & Sons’s dividend payout ratio is presently -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.