15,077 Shares in John Wiley & Sons, Inc. (NYSE:WLY) Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 15,077 shares of the company's stock, valued at approximately $659,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new stake in John Wiley & Sons in the fourth quarter valued at $34,916,000. River Global Investors LLP acquired a new position in shares of John Wiley & Sons in the 4th quarter valued at about $7,174,000. JPMorgan Chase & Co. boosted its stake in shares of John Wiley & Sons by 29.3% in the third quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company's stock worth $30,925,000 after buying an additional 145,270 shares during the last quarter. State Street Corp grew its holdings in John Wiley & Sons by 7.2% during the third quarter. State Street Corp now owns 1,688,156 shares of the company's stock worth $81,454,000 after acquiring an additional 113,631 shares during the period. Finally, Victory Capital Management Inc. raised its position in John Wiley & Sons by 261.9% during the fourth quarter. Victory Capital Management Inc. now owns 129,423 shares of the company's stock valued at $5,657,000 after acquiring an additional 93,661 shares in the last quarter. Institutional investors and hedge funds own 73.94% of the company's stock.

John Wiley & Sons Stock Performance

NYSE:WLY traded down $0.37 during trading hours on Friday, reaching $44.46. The company had a trading volume of 244,635 shares, compared to its average volume of 351,387. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. John Wiley & Sons, Inc. has a 1-year low of $34.85 and a 1-year high of $53.96. The business's 50 day moving average price is $42.09 and its 200-day moving average price is $45.79. The firm has a market cap of $2.39 billion, a PE ratio of -48.85 and a beta of 0.82.

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John Wiley & Sons (NYSE:WLY - Get Free Report) last announced its quarterly earnings results on Thursday, March 6th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.39. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The firm had revenue of $404.63 million for the quarter, compared to the consensus estimate of $401.10 million. Research analysts forecast that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Tuesday, April 8th will be paid a $0.3525 dividend. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $1.41 annualized dividend and a dividend yield of 3.17%. John Wiley & Sons's dividend payout ratio is presently 190.54%.

John Wiley & Sons Profile

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.