John Wiley & Sons, Inc. (NYSE:WLY) Shares Sold by Grandfield & Dodd LLC
From MarketBeat:
Grandfield & Dodd LLC recently reduced its holdings in John Wiley & Sons, Inc. by 39.0%, with 198,190 shares remaining after selling 126,614. Envestnet Asset Management Inc., Renaissance Technologies LLC, Royal Bank of Canada, Citadel Advisors LLC, and BlackRock Inc. all acquired new stakes, with a combined ownership of 84.57% of the company’s stock.
John Wiley & Sons Stock Performance: NYSE:WLY traded at $31.09 with a trading volume of 486,500 shares. The company has a market capitalization of $1.71 billion and a price-to-earnings ratio of -14.88. It reported a $0.73 earnings per share for the last quarter, with a net margin of -5.85% and positive return on equity of 18.98%.
John Wiley & Sons announced a quarterly dividend of $0.35 per share, representing an annualized yield of 4.50%. The dividend payout ratio (DPR) is presently -66.99%.
Insider Buying and Selling: Director David C. Dobson acquired 5,000 shares at $29.92, CEO Matthew S. Kissner acquired 16,550 shares at $30.33. In total, 0.79% of the stock is currently owned by corporate insiders.
John Wiley & Sons Profile: It operates as a research and education company worldwide and 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: John Wiley & Sons, Inc. (NYSE:WLY) Shares Sold by Grandfield & Dodd LLC