Daiwa Securities Group Inc. Purchases Shares of 900 John Wiley & Sons, Inc. (NYSE:WLY)

Daiwa Securities Group Inc. purchased a new stake in John Wiley & Sons, Inc. (NYSE:WLY) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 900 shares of the company’s stock, valued at approximately $29,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ceredex Value Advisors LLC purchased a new position in John Wiley & Sons in the 4th quarter valued at approximately $6,779,000. Vanguard Group Inc. raised its holdings in shares of John Wiley & Sons by 2.3% in the 3rd quarter. Vanguard Group Inc. now owns 5,466,223 shares of the company’s stock valued at $203,180,000 after purchasing an additional 123,637 shares in the last quarter. Nordea Investment Management AB raised its holdings in shares of John Wiley & Sons by 72.6% in the 3rd quarter. Nordea Investment Management AB now owns 152,659 shares of the company’s stock valued at $5,781,000 after purchasing an additional 64,193 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of John Wiley & Sons in the 3rd quarter valued at $1,619,000. Finally, Schroder Investment Management Group raised its holdings in shares of John Wiley & Sons by 66.7% in the 3rd quarter. Schroder Investment Management Group now owns 1,099,511 shares of the company’s stock valued at $40,869,000 after purchasing an additional 439,837 shares in the last quarter. Hedge funds and other institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Price Performance

Shares of WLY opened at $38.35 on Monday. John Wiley & Sons, Inc. has a twelve month low of $28.83 and a twelve month high of $40.23. The firm’s fifty day simple moving average is $36.53 and its 200-day simple moving average is $33.41. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.50 and a current ratio of 0.54.

John Wiley & Sons (NYSE:WLY) last announced its quarterly earnings data on Thursday, March 7th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.14. John Wiley & Sons had a negative net margin of 8.14% and a positive return on equity of 18.83%. The business had revenue of $460.70 million for the quarter, compared to analyst estimates of $392.60 million. During the same period last year, the business earned $0.85 EPS. The company’s revenue was down 6.2% on a year-over-year basis. As a group, equities research analysts expect that John Wiley & Sons, Inc. will post 2.55 EPS for the current year.

John Wiley & Sons Dividend Announcement

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

Insider Buying and Selling at John Wiley & Sons

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

About John Wiley & Sons

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.