D.A. Davidson & CO. raised its holdings in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 39.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 61,858 shares of the company's stock after purchasing an additional 17,630 shares during the quarter. D.A. Davidson & CO. owned about 0.11% of John Wiley & Sons worth $2,704,000 as of its most recent filing with the SEC.
Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings 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 valued at $30,925,000 after acquiring an additional 145,270 shares in the last quarter. Eagle Asset Management Inc. boosted its holdings in John Wiley & Sons by 40.1% during the third quarter. Eagle Asset Management Inc. now owns 407,997 shares of the company's stock worth $21,273,000 after buying an additional 116,772 shares in the last quarter. State Street Corp boosted 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 buying an additional 113,631 shares in the last quarter. Atom Investors LP boosted its holdings in John Wiley & Sons by 178.6% during the third quarter. Atom Investors LP now owns 61,159 shares of the company's stock worth $2,951,000 after buying an additional 39,207 shares in the last quarter. Finally, Edgestream Partners L.P. purchased a new stake in shares of John Wiley & Sons in the third quarter valued at about $1,625,000. 73.94% of the stock is currently owned by institutional investors and hedge funds.
John Wiley & Sons Stock Down 1.1 %
Shares of NYSE WLY opened at $39.46 on Friday. The firm's 50-day moving average is $42.50 and its two-hundred day moving average is $46.30. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. The company has a market capitalization of $2.13 billion, a PE ratio of -43.36 and a beta of 0.86. John Wiley & Sons, Inc. has a 12-month low of $32.80 and a 12-month high of $53.96.
John Wiley & Sons (NYSE:WLY - Get Free Report) last issued its quarterly earnings results on Thursday, December 5th. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.88 by $0.09. 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 $426.60 million during the quarter, compared to analyst estimates of $420.00 million. The company's revenue for the quarter was down 13.4% compared to the same quarter last year. Equities analysts anticipate that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.
John Wiley & Sons Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were paid a dividend of $0.3525 per share. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a yield of 3.57%. The ex-dividend date was Thursday, December 26th. John Wiley & Sons's payout ratio is currently -154.95%.
John Wiley & Sons Company Profile
(
Free Report)
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.
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