Burgundy Asset Management Ltd. Boosts Stock Position in John Wiley & Sons, Inc. (NYSE:WLY)

Burgundy Asset Management Ltd. boosted its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,027,831 shares of the company's stock after acquiring an additional 17,583 shares during the period. Burgundy Asset Management Ltd. owned 1.90% of John Wiley & Sons worth $44,926,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Sterling Capital Management LLC grew its position in shares of John Wiley & Sons by 686.1% in the fourth quarter. Sterling Capital Management LLC now owns 621 shares of the company's stock valued at $27,000 after purchasing an additional 542 shares in the last quarter. Aquatic Capital Management LLC acquired a new position in John Wiley & Sons during the fourth quarter worth $34,000. Blue Trust Inc. grew its holdings in John Wiley & Sons by 114.6% in the 4th quarter. Blue Trust Inc. now owns 749 shares of the company's stock valued at $36,000 after buying an additional 400 shares in the last quarter. State of Wyoming acquired a new stake in shares of John Wiley & Sons in the 4th quarter worth $46,000. Finally, Meeder Asset Management Inc. acquired a new position in shares of John Wiley & Sons during the 4th quarter valued at about $112,000. Hedge funds and other institutional investors own 73.94% of the company's stock.

John Wiley & Sons Trading Down 0.8%

WLY stock traded down $0.34 during trading on Wednesday, reaching $40.34. 58,280 shares of the stock were exchanged, compared to its average volume of 421,805. The business has a 50 day moving average price of $43.17 and a 200-day moving average price of $44.04. 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 firm has a market capitalization of $2.17 billion, a price-to-earnings ratio of -44.32 and a beta of 0.95.

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 (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 company had revenue of $404.63 million during the quarter, compared to analysts' expectations of $401.10 million. On average, research analysts predict that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were given a dividend of $0.3525 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date was Tuesday, April 8th. John Wiley & Sons's dividend payout ratio is presently 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.