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

Burgundy Asset Management Ltd. grew its stake in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). 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.

Several other institutional investors have also recently made changes to their positions in WLY. Brown Advisory Inc. purchased a new stake in shares of John Wiley & Sons during the fourth quarter worth $44,880,000. Raymond James Financial Inc. purchased a new stake in shares of John Wiley & Sons during the fourth quarter worth $34,916,000. Alta Fox Capital Management LLC lifted its position in shares of John Wiley & Sons by 171.8% during the fourth quarter. Alta Fox Capital Management LLC now owns 347,047 shares of the company's stock worth $15,169,000 after acquiring an additional 219,349 shares in the last quarter. River Global Investors LLP purchased a new stake in shares of John Wiley & Sons during the fourth quarter worth $7,174,000. Finally, Victory Capital Management Inc. raised its position 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. Hedge funds and other institutional investors own 73.94% of the company's stock.

John Wiley & Sons Trading Down 1.3%

Shares of WLY stock opened at $41.11 on Friday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. John Wiley & Sons, Inc. has a 52-week low of $34.85 and a 52-week high of $53.96. The company has a market capitalization of $2.21 billion, a PE ratio of -45.18 and a beta of 0.95. The business's fifty day moving average is $43.40 and its 200 day moving average is $44.31.

John Wiley & Sons (NYSE:WLY - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $404.63 million for the quarter, compared to the consensus estimate of $401.10 million. On average, equities research analysts anticipate that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Tuesday, April 8th were given a $0.3525 dividend. The ex-dividend date of this dividend was Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.43%. John Wiley & Sons's dividend payout ratio (DPR) 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.

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