Geode Capital Management LLC Purchases 35,888 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Geode Capital Management LLC raised its position in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 4.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 917,596 shares of the company's stock after buying an additional 35,888 shares during the quarter. Geode Capital Management LLC owned 1.70% of John Wiley & Sons worth $40,117,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS bought a new stake in shares of John Wiley & Sons in the fourth quarter valued at approximately $361,000. Oppenheimer & Co. Inc. lifted its position in shares of John Wiley & Sons by 9.6% during the 4th quarter. Oppenheimer & Co. Inc. now owns 6,487 shares of the company's stock valued at $284,000 after acquiring an additional 567 shares during the period. Vanguard Group Inc. grew its holdings in shares of John Wiley & Sons by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 5,318,812 shares of the company's stock worth $232,485,000 after purchasing an additional 21,748 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in John Wiley & Sons by 2,578.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company's stock valued at $151,000 after purchasing an additional 3,300 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in John Wiley & Sons by 29.3% during the third quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company's stock worth $30,925,000 after purchasing an additional 145,270 shares during the period. Institutional investors own 73.94% of the company's stock.

John Wiley & Sons Price Performance

WLY stock traded up $0.37 during mid-day trading on Friday, hitting $42.78. The stock had a trading volume of 227,930 shares, compared to its average volume of 357,832. The firm has a fifty day simple moving average of $42.37 and a 200 day simple moving average of $45.28. The firm has a market capitalization of $2.30 billion, a P/E ratio of -47.01 and a beta of 0.86. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26. John Wiley & Sons, Inc. has a 52 week low of $34.85 and a 52 week high of $53.96.

John Wiley & Sons (NYSE:WLY - Get Free Report) last announced its quarterly earnings data on Thursday, March 6th. The company reported $0.84 earnings per share (EPS) for the quarter, beating 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 business had revenue of $404.63 million for the quarter, compared to analysts' expectations of $401.10 million. As a group, 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 disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Tuesday, April 8th will be given a dividend of $0.3525 per share. The ex-dividend date is Tuesday, April 8th. This represents a $1.41 annualized dividend and a dividend yield of 3.30%. John Wiley & Sons's dividend payout ratio is currently 190.54%.

About John Wiley & Sons

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.