John Wiley & Sons, Inc. (NYSE:WLY) Stock Position Lifted by Deutsche Bank AG

Deutsche Bank AG boosted its stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 55.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,174 shares of the company's stock after buying an additional 11,839 shares during the period. Deutsche Bank AG owned 0.06% of John Wiley & Sons worth $1,450,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Berry Wealth Group LP raised its holdings in John Wiley & Sons by 5.4% during the fourth quarter. Berry Wealth Group LP now owns 4,991 shares of the company's stock worth $218,000 after purchasing an additional 255 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in shares of John Wiley & Sons by 3.6% in the fourth quarter. Hsbc Holdings PLC now owns 7,349 shares of the company's stock valued at $322,000 after buying an additional 257 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of John Wiley & Sons by 10.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company's stock valued at $161,000 after buying an additional 350 shares during the period. Corebridge Financial Inc. boosted its stake in John Wiley & Sons by 1.9% during the fourth quarter. Corebridge Financial Inc. now owns 21,294 shares of the company's stock valued at $931,000 after buying an additional 394 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in John Wiley & Sons by 114.6% during the fourth quarter. Blue Trust Inc. now owns 749 shares of the company's stock worth $36,000 after acquiring an additional 400 shares during the period. Institutional investors and hedge funds own 73.94% of the company's stock.

John Wiley & Sons Price Performance

John Wiley & Sons stock traded down $0.85 during midday trading on Thursday, hitting $39.27. The company's stock had a trading volume of 247,022 shares, compared to its average volume of 376,355. John Wiley & Sons, Inc. has a 12 month low of $34.85 and a 12 month high of $53.96. 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 company has a market capitalization of $2.11 billion, a PE ratio of -43.15 and a beta of 0.95. The stock's 50-day moving average price is $42.97 and its 200-day moving average price is $43.91.

John Wiley & Sons (NYSE:WLY - Get Free Report) last released its earnings results on Thursday, March 6th. The company reported $0.84 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.39. The business had revenue of $404.63 million for the quarter, compared to the consensus estimate of $401.10 million. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. Analysts anticipate that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Tuesday, April 8th were paid a dividend of $0.3525 per share. This represents a $1.41 annualized dividend and a dividend yield of 3.59%. The ex-dividend date of this dividend 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.