Victory Capital Management Inc. Sells 28,686 Shares of John Wiley & Sons, Inc. (NYSE:WLY)
Free Trial

Victory Capital Management Inc. Sells 28,686 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Victory Capital Management Inc. lowered its position in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 9.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 281,051 shares of the company's stock after selling 28,686 shares during the period. Victory Capital Management Inc. owned 0.51% of John Wiley & Sons worth $8,921,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Daiwa Securities Group Inc. bought a new stake in John Wiley & Sons during the fourth quarter valued at $29,000. DekaBank Deutsche Girozentrale acquired a new stake in John Wiley & Sons during the fourth quarter worth approximately $48,000. Acadian Asset Management LLC bought a new stake in John Wiley & Sons in the third quarter worth approximately $89,000. Allspring Global Investments Holdings LLC lifted its stake 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 valued at $88,000 after buying an additional 2,713 shares during the period. Finally, International Assets Investment Management LLC bought a new position in shares of John Wiley & Sons during the 4th quarter worth approximately $100,000. 73.94% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Jay Flynn sold 6,114 shares of the stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of $38.82, for a total transaction of $237,345.48. Following the sale, the executive vice president now owns 8,069 shares of the company's stock, valued at approximately $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 corporate insiders.


John Wiley & Sons Trading Up 0.2 %

Shares of NYSE:WLY traded up $0.08 during mid-day trading on Tuesday, hitting $38.31. The company had a trading volume of 203,233 shares, compared to its average volume of 371,413. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.54 and a quick ratio of 0.50. John Wiley & Sons, Inc. has a one year low of $28.83 and a one year high of $40.23. The firm has a fifty day moving average price of $37.74 and a 200 day moving average price of $34.10. The company has a market capitalization of $2.10 billion, a PE ratio of -13.30 and a beta of 0.89.

John Wiley & Sons (NYSE:WLY - Get Free Report) last announced 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. John Wiley & Sons had a negative net margin of 8.14% and a positive return on equity of 18.83%. The firm had revenue of $460.70 million for the quarter, compared to analyst estimates of $392.60 million. During the same quarter in the prior year, the business earned $0.85 earnings per share. The business's quarterly revenue was down 6.2% compared to the same quarter last year. As a group, research analysts forecast that John Wiley & Sons, Inc. will post 2.55 EPS for the current year.

John Wiley & Sons Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 25th. Shareholders of record on Tuesday, April 9th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend 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 (DPR) is currently -48.61%.

John Wiley & Sons Company Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for John Wiley & Sons (NYSE:WLY)

→ Shocking $16T Elon Musk Crypto Leak (From Crypto 101 Media) (Ad)

Should you invest $1,000 in John Wiley & Sons right now?

Before you consider John Wiley & Sons, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and John Wiley & Sons wasn't on the list.

While John Wiley & Sons currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Featured Articles and Offers

Search Headlines: