New Age Alpha Advisors LLC Makes New $264,000 Investment in John Wiley & Sons, Inc. (NYSE:WLY)

New Age Alpha Advisors LLC acquired a new position in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,049 shares of the company's stock, valued at approximately $264,000.

Other hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of John Wiley & Sons in the fourth quarter worth $34,916,000. River Global Investors LLP bought a new position in John Wiley & Sons in the 4th quarter worth about $7,174,000. JPMorgan Chase & Co. grew its holdings in John Wiley & Sons by 29.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company's stock valued at $30,925,000 after buying an additional 145,270 shares in the last quarter. State Street Corp increased its position in shares of John Wiley & Sons by 7.2% during the third quarter. State Street Corp now owns 1,688,156 shares of the company's stock valued at $81,454,000 after buying an additional 113,631 shares during the period. Finally, Victory Capital Management Inc. lifted its holdings in shares of John Wiley & Sons by 261.9% in the fourth quarter. Victory Capital Management Inc. now owns 129,423 shares of the company's stock worth $5,657,000 after buying an additional 93,661 shares in the last quarter. 73.94% of the stock is currently owned by hedge funds and other institutional investors.

John Wiley & Sons Price Performance

Shares of WLY stock traded down $1.71 during trading hours on Friday, reaching $42.01. The stock had a trading volume of 550,941 shares, compared to its average volume of 354,861. The stock's fifty day simple moving average is $42.21 and its 200 day simple moving average is $45.75. 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 firm has a market capitalization of $2.26 billion, a PE ratio of -46.16 and a beta of 0.86. John Wiley & Sons, Inc. has a 12 month low of $34.85 and a 12 month high of $53.96.

John Wiley & Sons (NYSE:WLY - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.39. The firm had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. On average, equities research analysts predict 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. Stockholders of record on Tuesday, April 8th will be issued a dividend of $0.3525 per share. This represents a $1.41 annualized dividend and a dividend yield of 3.36%. The ex-dividend date is Tuesday, April 8th. John Wiley & Sons's payout ratio is 190.54%.

John Wiley & Sons Company 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.