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John Wiley & Sons beat earnings estimates, announced a dividend, while Clarkston Capital reduced its stake.
Clarkston Capital Partners LLC reduced its stake in John Wiley & Sons by 7.1%, selling 234,449 shares, while Norwegian firm KLP Kapitalforvaltning AS bought 8,200 shares.
Wiley & Sons reported strong earnings of $0.84 per share, beating estimates by $0.39, and announced a quarterly dividend of $0.3525, due on April 24th.
The company’s stock has ranged from $34.85 to $53.96 over the past year.
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John Wiley & Sons venció las estimaciones de ganancias, anunció un dividendo, mientras que Clarkston Capital redujo su participación.