GAMMA Investing LLC grew its position in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 5,949.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 69,692 shares of the company's stock after buying an additional 68,540 shares during the period. GAMMA Investing LLC owned 0.13% of John Wiley & Sons worth $3,105,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sterling Capital Management LLC increased its stake in shares of John Wiley & Sons by 686.1% in the 4th quarter. Sterling Capital Management LLC now owns 621 shares of the company's stock valued at $27,000 after buying an additional 542 shares during the period. Aquatic Capital Management LLC acquired a new stake in shares of John Wiley & Sons in the 4th quarter valued at $34,000. Blue Trust Inc. increased its stake in shares of 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 during the period. State of Wyoming acquired a new stake in shares of John Wiley & Sons in the 4th quarter valued at $46,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of John Wiley & Sons in the 4th quarter valued at $112,000. 73.94% of the stock is owned by institutional investors and hedge funds.
John Wiley & Sons Trading Down 2.2%
Shares of NYSE WLY traded down $0.86 during midday trading on Friday, hitting $37.68. The stock had a trading volume of 478,775 shares, compared to its average volume of 375,829. The company's 50-day simple moving average is $41.86 and its 200 day simple moving average is $42.84. The firm has a market cap of $2.03 billion, a P/E ratio of -41.41 and a beta of 0.88. John Wiley & Sons, Inc. has a fifty-two week low of $37.30 and a fifty-two week high of $53.96. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61.
John Wiley & Sons Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Tuesday, April 8th were paid a dividend of $0.3525 per share. The ex-dividend date was Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.74%. John Wiley & Sons's dividend payout ratio (DPR) is presently 190.54%.
About John Wiley & Sons
(
Free Report)
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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