Uncommon Cents Investing LLC Decreases Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Uncommon Cents Investing LLC trimmed its stake in John Wiley & Sons, Inc. (NYSE:WLY) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,445 shares of the company’s stock after selling 1,015 shares during the quarter. Uncommon Cents Investing LLC’s holdings in John Wiley & Sons were worth $1,593,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Harbor Capital Advisors Inc. bought a new stake in shares of John Wiley & Sons in the 3rd quarter worth approximately $57,000. GAMMA Investing LLC raised its stake in shares of John Wiley & Sons by 39.2% in the third quarter. GAMMA Investing LLC now owns 1,187 shares of the company’s stock valued at $57,000 after buying an additional 334 shares during the period. Skandinaviska Enskilda Banken AB publ purchased a new position in shares of John Wiley & Sons during the 2nd quarter valued at $60,000. Point72 DIFC Ltd bought a new position in shares of John Wiley & Sons during the 2nd quarter worth $100,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in John Wiley & Sons in the 2nd quarter worth about $121,000. 73.94% of the stock is owned by institutional investors.

John Wiley & Sons Price Performance

Shares of John Wiley & Sons stock opened at $44.06 on Monday. John Wiley & Sons, Inc. has a 52-week low of $31.92 and a 52-week high of $53.96. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. The stock’s 50-day simple moving average is $46.92 and its 200 day simple moving average is $47.18.

John Wiley & Sons (NYSE:WLY) last posted its quarterly earnings results on Thursday, December 5th. The company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.09. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The company had revenue of $426.60 million for the quarter, compared to analyst estimates of $420.00 million. The company’s revenue for the quarter was down 13.4% on a year-over-year basis. On average, equities research analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were given a $0.3525 dividend. The ex-dividend date was Thursday, December 26th. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a dividend yield of 3.20%. John Wiley & Sons’s payout ratio is -154.95%.

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.