XTX Topco Ltd Acquires 8,981 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

XTX Topco Ltd lifted its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 67.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,246 shares of the company’s stock after acquiring an additional 8,981 shares during the quarter. XTX Topco Ltd’s holdings in John Wiley & Sons were worth $1,073,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in shares of John Wiley & Sons by 39.2% during the third quarter. GAMMA Investing LLC now owns 1,187 shares of the company’s stock valued at $57,000 after acquiring an additional 334 shares in the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of John Wiley & Sons during the third quarter valued at approximately $57,000. Skandinaviska Enskilda Banken AB publ bought a new position in shares of John Wiley & Sons during the second quarter valued at approximately $60,000. Point72 DIFC Ltd bought a new position in shares of John Wiley & Sons during the second quarter valued at approximately $100,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of John Wiley & Sons during the second quarter valued at approximately $121,000. Institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Trading Up 0.7 %

Shares of John Wiley & Sons stock opened at $46.04 on Tuesday. The business has a 50 day moving average of $50.36 and a 200 day moving average of $46.06. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. John Wiley & Sons, Inc. has a 52 week low of $30.14 and a 52 week high of $53.96.

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

John Wiley & Sons Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th were issued a $0.352 dividend. The ex-dividend date was Tuesday, October 8th. This represents a $1.41 dividend on an annualized basis and a yield of 3.06%. John Wiley & Sons’s dividend payout ratio (DPR) is -154.95%.

Insiders Place Their Bets

In other John Wiley & Sons news, EVP Danielle Mcmahan sold 2,318 shares of the stock in a transaction on Tuesday, October 8th. The stock was sold at an average price of $49.41, for a total value of $114,532.38. Following the completion of the transaction, the executive vice president now owns 8,978 shares in the company, valued at approximately $443,602.98. This represents a 20.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.62% of the stock is owned by corporate insiders.

John Wiley & Sons 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.