Atom Investors LP Has $2.95 Million Stock Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Atom Investors LP grew its stake in John Wiley & Sons, Inc. (NYSE:WLY) by 178.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,159 shares of the company’s stock after acquiring an additional 39,207 shares during the period. Atom Investors LP owned 0.11% of John Wiley & Sons worth $2,951,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Edgestream Partners L.P. bought a new position in shares of John Wiley & Sons in the third quarter valued at $1,625,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in John Wiley & Sons by 0.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 98,284 shares of the company’s stock valued at $4,742,000 after acquiring an additional 342 shares during the last quarter. Glenmede Trust Co. NA grew its position in shares of John Wiley & Sons by 40.0% in the 3rd quarter. Glenmede Trust Co. NA now owns 7,489 shares of the company’s stock valued at $361,000 after acquiring an additional 2,139 shares during the period. D.A. Davidson & CO. acquired a new position in shares of John Wiley & Sons during the 3rd quarter worth about $2,134,000. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of John Wiley & Sons by 9.5% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 21,138 shares of the company’s stock valued at $1,020,000 after purchasing an additional 1,830 shares during the period. Institutional investors and hedge funds own 73.94% of the company’s stock.

Insider Transactions at John Wiley & Sons

In other John Wiley & Sons news, EVP Danielle Mcmahan sold 2,318 shares of the stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of $49.41, for a total value of $114,532.38. Following the transaction, the executive vice president now directly owns 8,978 shares of the company’s stock, valued at $443,602.98. This represents a 20.52 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.62% of the stock is currently owned by corporate insiders.

John Wiley & Sons Stock Performance

John Wiley & Sons stock opened at $50.78 on Tuesday. The stock has a 50-day simple moving average of $50.33 and a 200 day simple moving average of $45.72. The company has a current ratio of 0.57, a quick ratio of 0.53 and a debt-to-equity ratio of 1.27. John Wiley & Sons, Inc. has a 52 week low of $29.04 and a 52 week high of $53.96.

John Wiley & Sons (NYSE:WLY) last issued its earnings results on Thursday, September 5th. The company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.08). John Wiley & Sons had a positive return on equity of 21.59% and a negative net margin of 6.00%. The business had revenue of $403.81 million for the quarter, compared to the consensus estimate of $387.40 million. During the same quarter in the prior year, the firm posted $0.27 earnings per share. The business’s revenue was down 10.5% compared to the same quarter last year.

John Wiley & Sons Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th were given a $0.352 dividend. This represents a $1.41 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend was Tuesday, October 8th. John Wiley & Sons’s 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.