Atria Investments Inc Has $652,000 Stock Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Atria Investments Inc increased its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 39.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 13,509 shares of the company’s stock after acquiring an additional 3,833 shares during the quarter. Atria Investments Inc’s holdings in John Wiley & Sons were worth $652,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in WLY. GAMMA Investing LLC increased its stake in John Wiley & Sons by 39.2% during the 3rd quarter. GAMMA Investing LLC now owns 1,187 shares of the company’s stock valued at $57,000 after purchasing an additional 334 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in John Wiley & Sons during the 3rd quarter valued at about $57,000. Skandinaviska Enskilda Banken AB publ bought a new stake in John Wiley & Sons during the 2nd quarter worth approximately $60,000. Point72 DIFC Ltd purchased a new stake in shares of John Wiley & Sons in the second quarter worth approximately $100,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of John Wiley & Sons in the second quarter valued at approximately $121,000. Institutional investors and hedge funds own 73.94% of the company’s stock.

Insider Activity

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 stock was sold at an average price of $49.41, for a total transaction 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 approximately $443,602.98. The trade was a 20.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.62% of the company’s stock.

John Wiley & Sons Price Performance

WLY opened at $49.89 on Wednesday. The firm has a 50-day moving average of $49.15 and a 200 day moving average of $44.79. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.53 and a current ratio of 0.57. John Wiley & Sons, Inc. has a fifty-two week low of $29.04 and a fifty-two week high of $53.79. The firm has a market cap of $2.71 billion, a P/E ratio of -24.95 and a beta of 0.85.

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

John Wiley & Sons Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th were given a $0.352 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.82%. John Wiley & Sons’s dividend payout ratio is currently -70.50%.

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.