BNP Paribas Financial Markets Acquires 14,313 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

BNP Paribas Financial Markets boosted its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 38.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 51,343 shares of the company’s stock after acquiring an additional 14,313 shares during the period. BNP Paribas Financial Markets owned 0.09% of John Wiley & Sons worth $1,630,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in WLY. Daiwa Securities Group Inc. acquired a new stake in shares of John Wiley & Sons in the 4th quarter valued at approximately $29,000. DekaBank Deutsche Girozentrale acquired a new stake in John Wiley & Sons in the fourth quarter worth $48,000. Allspring Global Investments Holdings LLC raised its holdings in John Wiley & Sons by 5,897.8% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,759 shares of the company’s stock worth $88,000 after purchasing an additional 2,713 shares during the period. Acadian Asset Management LLC acquired a new position in shares of John Wiley & Sons in the 3rd quarter valued at $89,000. Finally, International Assets Investment Management LLC acquired a new position in shares of John Wiley & Sons in the 4th quarter valued at $100,000. Institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Stock Performance

Shares of John Wiley & Sons stock opened at $37.90 on Monday. The stock’s fifty day simple moving average is $37.95 and its 200 day simple moving average is $34.54. The company has a current ratio of 0.54, a quick ratio of 0.50 and a debt-to-equity ratio of 1.20. The company has a market capitalization of $2.07 billion, a PE ratio of -13.16 and a beta of 0.89. John Wiley & Sons, Inc. has a 12 month low of $28.83 and a 12 month high of $40.23.

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

John Wiley & Sons Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 25th. Stockholders of record on Tuesday, April 9th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 3.69%. The ex-dividend date was Monday, April 8th. John Wiley & Sons’s payout ratio is -48.61%.

Insider Activity at John Wiley & Sons

In related news, EVP Jay Flynn sold 6,114 shares of the stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $38.82, for a total transaction of $237,345.48. Following the completion of the transaction, the executive vice president now directly owns 8,069 shares of the company’s stock, valued at $313,238.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.79% of the stock is 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.