AdvisorShares Investments LLC Takes Position in John Wiley & Sons, Inc. (NYSE:WLY)

AdvisorShares Investments LLC purchased a new stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 9,900 shares of the company's stock, valued at approximately $433,000.

Other institutional investors also recently modified their holdings of the company. KLP Kapitalforvaltning AS bought a new position in John Wiley & Sons in the fourth quarter valued at about $361,000. Oppenheimer & Co. Inc. boosted its stake in shares of John Wiley & Sons by 9.6% in the 4th quarter. Oppenheimer & Co. Inc. now owns 6,487 shares of the company's stock valued at $284,000 after purchasing an additional 567 shares in the last quarter. 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 valued at $232,485,000 after purchasing an additional 21,748 shares during the last quarter. Nisa Investment Advisors LLC increased its position in John Wiley & Sons by 2,578.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company's stock worth $151,000 after purchasing an additional 3,300 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in John Wiley & Sons by 29.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company's stock valued at $30,925,000 after purchasing an additional 145,270 shares during the last quarter. Institutional investors and hedge funds own 73.94% of the company's stock.

John Wiley & Sons Price Performance

Shares of NYSE:WLY traded up $0.15 during trading on Monday, hitting $44.48. 55,316 shares of the company were exchanged, compared to its average volume of 358,494. John Wiley & Sons, Inc. has a 1-year low of $34.85 and a 1-year high of $53.96. The company has a market capitalization of $2.40 billion, a P/E ratio of -48.88 and a beta of 0.86. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26. The business's 50 day moving average is $43.03 and its 200-day moving average is $44.83.

John Wiley & Sons (NYSE:WLY - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $0.84 earnings per share for the quarter, topping 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 firm had revenue of $404.63 million for the quarter, compared to analyst estimates of $401.10 million. Equities analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Tuesday, April 8th were paid a $0.3525 dividend. The ex-dividend date was Tuesday, April 8th. This represents a $1.41 annualized dividend and a dividend yield of 3.17%. John Wiley & Sons's payout ratio is 190.54%.

John Wiley & Sons 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.