Clark Estates Inc. NY Sells 7,100 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Clark Estates Inc. NY decreased its stake in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 7.4% during the 3rd quarter, Holdings Channel reports. The firm owned 88,700 shares of the company’s stock after selling 7,100 shares during the period. John Wiley & Sons comprises about 0.8% of Clark Estates Inc. NY’s investment portfolio, making the stock its 19th biggest position. Clark Estates Inc. NY’s holdings in John Wiley & Sons were worth $4,280,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in WLY. Eagle Asset Management Inc. lifted its stake in John Wiley & Sons by 40.1% in the 3rd quarter. Eagle Asset Management Inc. now owns 407,997 shares of the company’s stock valued at $21,273,000 after purchasing an additional 116,772 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of John Wiley & Sons by 4.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,924,498 shares of the company’s stock valued at $78,326,000 after buying an additional 90,693 shares during the last quarter. Raymond James & Associates lifted its position in shares of John Wiley & Sons by 19.5% in the second quarter. Raymond James & Associates now owns 501,891 shares of the company’s stock valued at $20,427,000 after buying an additional 81,968 shares during the last quarter. D.A. Davidson & CO. bought a new position in shares of John Wiley & Sons during the 3rd quarter worth approximately $2,134,000. Finally, Arjuna Capital increased its holdings in shares of John Wiley & Sons by 213.3% during the 2nd quarter. Arjuna Capital now owns 54,378 shares of the company’s stock worth $2,213,000 after acquiring an additional 37,019 shares during the last quarter. Institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Trading Down 0.0 %

Shares of John Wiley & Sons stock opened at $53.11 on Wednesday. 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 business has a fifty day simple moving average of $49.90 and a two-hundred day simple moving average of $45.34. John Wiley & Sons, Inc. has a 1 year low of $29.04 and a 1 year high of $53.96. The company has a market capitalization of $2.88 billion, a price-to-earnings ratio of -26.56 and a beta of 0.85.

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

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. This represents a $1.41 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date of this dividend was Tuesday, October 8th. John Wiley & Sons’s dividend payout ratio is -70.50%.

Insider Buying and Selling at John Wiley & Sons

In other John Wiley & Sons news, EVP Danielle Mcmahan sold 2,318 shares of the business’s stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of $49.41, for a total value of $114,532.38. Following the completion of the sale, the executive vice president now owns 8,978 shares of the company’s stock, valued at $443,602.98. The trade was a 20.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.62% of the company’s stock.

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.