Arjuna Capital Purchases 830 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Arjuna Capital increased its position in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 1.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 55,208 shares of the company’s stock after buying an additional 830 shares during the quarter. Arjuna Capital’s holdings in John Wiley & Sons were worth $2,664,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Buying and Selling

In related news, EVP Danielle Mcmahan sold 2,318 shares of the business’s stock in a transaction on Tuesday, October 8th. The shares were sold at an average price of $49.41, for a total transaction of $114,532.38. Following the transaction, the executive vice president now directly owns 8,978 shares in the company, valued at approximately $443,602.98. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.62% of the stock is owned by corporate insiders.

John Wiley & Sons Stock Up 0.3 %

WLY traded up $0.17 during trading on Wednesday, reaching $53.22. The company had a trading volume of 12,767 shares, compared to its average volume of 339,269. The business’s fifty day moving average price is $48.56 and its 200 day moving average price is $44.40. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.57 and a quick ratio of 0.53. The company has a market cap of $2.89 billion, a P/E ratio of -26.53 and a beta of 0.85. John Wiley & Sons, Inc. has a 12 month low of $29.04 and a 12 month high of $53.79.

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

John Wiley & Sons Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Tuesday, October 8th were issued a dividend of $0.352 per share. The ex-dividend date was Tuesday, October 8th. This represents a $1.41 dividend on an annualized basis and a yield of 2.65%. John Wiley & Sons’s payout ratio is -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.