Kendall Capital Management raised its stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 16.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 77,397 shares of the company's stock after purchasing an additional 10,810 shares during the period. John Wiley & Sons accounts for about 1.0% of Kendall Capital Management's holdings, making the stock its 28th biggest position. Kendall Capital Management owned 0.14% of John Wiley & Sons worth $3,383,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WLY. Harbor Capital Advisors Inc. purchased a new stake in shares of John Wiley & Sons in the 3rd quarter valued at about $57,000. Principal Financial Group Inc. lifted its stake in 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 buying an additional 1,600 shares during the last quarter. Verdence Capital Advisors LLC boosted its holdings in shares of John Wiley & Sons by 5.8% in 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 during the period. Atria Investments Inc boosted its holdings in shares of John Wiley & Sons by 39.6% in the third quarter. Atria Investments Inc now owns 13,509 shares of the company's stock valued at $652,000 after acquiring an additional 3,833 shares during the period. Finally, Victory Capital Management Inc. grew its position in shares of John Wiley & Sons by 113.6% during the third quarter. Victory Capital Management Inc. now owns 35,762 shares of the company's stock worth $1,726,000 after acquiring an additional 19,017 shares during the last quarter. Institutional investors and hedge funds own 73.94% of the company's stock.
John Wiley & Sons Stock Performance
WLY stock traded up $0.04 on Monday, hitting $46.21. The company's stock had a trading volume of 746,452 shares, compared to its average volume of 325,077. John Wiley & Sons, Inc. has a 1 year low of $34.85 and a 1 year high of $53.96. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26. The stock has a market cap of $2.50 billion, a price-to-earnings ratio of -50.77 and a beta of 0.82. The firm has a 50 day moving average of $41.56 and a two-hundred day moving average of $45.97.
John Wiley & Sons (NYSE:WLY - Get Free Report) last released 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 positive return on equity of 24.14% and a negative net margin of 2.82%. The firm had revenue of $404.63 million for the quarter, compared to analyst estimates of $401.10 million. Equities analysts predict that John Wiley & Sons, Inc. will post 3.42 EPS 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. Shareholders of record on Thursday, December 26th were paid a $0.3525 dividend. This is a boost from John Wiley & Sons's previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a yield of 3.05%. 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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