Inceptionr LLC Purchases 7,529 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Inceptionr LLC increased its stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 61.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,758 shares of the company's stock after purchasing an additional 7,529 shares during the quarter. Inceptionr LLC's holdings in John Wiley & Sons were worth $864,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WLY. Harbor Capital Advisors Inc. purchased a new position in John Wiley & Sons during the 3rd quarter valued at about $57,000. Principal Financial Group Inc. boosted its position in shares of John Wiley & Sons by 0.8% in the third quarter. Principal Financial Group Inc. now owns 209,184 shares of the company's stock valued at $10,093,000 after acquiring an additional 1,600 shares during the period. Consolidated Planning Corp purchased a new position in John Wiley & Sons during the third quarter valued at approximately $682,000. Verdence Capital Advisors LLC grew its stake in John Wiley & Sons by 5.8% during the third quarter. Verdence Capital Advisors LLC now owns 7,617 shares of the company's stock valued at $368,000 after acquiring an additional 417 shares in the last quarter. Finally, Atria Investments Inc increased its holdings in John Wiley & Sons by 39.6% during the 3rd quarter. Atria Investments Inc now owns 13,509 shares of the company's stock worth $652,000 after acquiring an additional 3,833 shares during the period. 73.94% of the stock is currently owned by institutional investors.

John Wiley & Sons Price Performance

NYSE:WLY traded up $0.04 during trading hours on Monday, hitting $46.21. The stock had a trading volume of 748,493 shares, compared to its average volume of 325,085. The company has a 50 day simple moving average of $41.56 and a two-hundred day simple moving average of $45.97. The firm has a market capitalization of $2.50 billion, a price-to-earnings ratio of -50.77 and a beta of 0.82. 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 one year low of $34.85 and a one year high of $53.96.

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

John Wiley & Sons Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were issued a dividend of $0.3525 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.05%. This is a boost from John Wiley & Sons's previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Thursday, December 26th. John Wiley & Sons's dividend payout ratio (DPR) is currently -154.95%.

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.