Brown Advisory Inc. Reduces Position in John Wiley & Sons, Inc. $WLY

Brown Advisory Inc. cut its stake in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 13.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,042,681 shares of the company’s stock after selling 163,382 shares during the quarter. Brown Advisory Inc.’s holdings in John Wiley & Sons were worth $31,937,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in John Wiley & Sons by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 4,840,470 shares of the company’s stock valued at $148,264,000 after purchasing an additional 25,174 shares during the last quarter. Clarkston Capital Partners LLC boosted its holdings in John Wiley & Sons by 18.6% in the fourth quarter. Clarkston Capital Partners LLC now owns 2,617,945 shares of the company’s stock valued at $80,188,000 after purchasing an additional 410,121 shares during the last quarter. Schroder Investment Management Group boosted its holdings in John Wiley & Sons by 14.9% in the fourth quarter. Schroder Investment Management Group now owns 1,807,857 shares of the company’s stock valued at $55,375,000 after purchasing an additional 234,527 shares during the last quarter. State Street Corp boosted its holdings in John Wiley & Sons by 2.1% in the second quarter. State Street Corp now owns 1,714,430 shares of the company’s stock valued at $76,515,000 after purchasing an additional 34,782 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in John Wiley & Sons by 2.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,600,812 shares of the company’s stock valued at $49,034,000 after purchasing an additional 43,012 shares during the last quarter. 73.94% of the stock is owned by hedge funds and other institutional investors.

John Wiley & Sons Stock Down 2.0%

WLY stock opened at $43.27 on Tuesday. The firm has a 50-day moving average of $41.41 and a two-hundred day moving average of $35.66. The company has a market cap of $2.22 billion, a price-to-earnings ratio of 15.08 and a beta of 0.80. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 1.06. John Wiley & Sons, Inc. has a 12 month low of $28.38 and a 12 month high of $45.64.

John Wiley & Sons Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, April 7th were given a dividend of $0.355 per share. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 3.3%. John Wiley & Sons’s dividend payout ratio (DPR) is presently 49.48%.

Analyst Ratings Changes

Several research firms have commented on WLY. Zacks Research lowered shares of John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a report on Friday, May 15th. Weiss Ratings raised shares of John Wiley & Sons from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, May 29th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

John Wiley & Sons Profile

John Wiley & Sons, Inc is a global publishing and educational services company founded in 1807 and headquartered in Hoboken, New Jersey. The company operates through two primary segments: Research & Publishing and Education. Through these segments, Wiley produces a wide range of scholarly journals, books, reference works and digital products for academic, scientific, technical and medical markets, as well as professional development and higher education learning resources.

In its Research & Publishing segment, Wiley publishes thousands of peer-reviewed journals and maintains the Wiley Online Library, a leading platform for scientific and scholarly content.