John Wiley & Sons, Inc. (NYSE:WLY) Shares Acquired by Consolidated Planning Corp

Consolidated Planning Corp increased its holdings in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 565.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 67,021 shares of the company's stock after buying an additional 56,947 shares during the period. Consolidated Planning Corp owned about 0.12% of John Wiley & Sons worth $2,986,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of WLY. Brown Advisory Inc. acquired a new position in shares of John Wiley & Sons in the 4th quarter valued at about $44,880,000. Raymond James Financial Inc. acquired a new position in shares of John Wiley & Sons in the 4th quarter valued at about $34,916,000. Alta Fox Capital Management LLC boosted its holdings in shares of John Wiley & Sons by 171.8% in the 4th quarter. Alta Fox Capital Management LLC now owns 347,047 shares of the company's stock valued at $15,169,000 after buying an additional 219,349 shares during the period. River Global Investors LLP acquired a new position in shares of John Wiley & Sons in the 4th quarter valued at about $7,174,000. Finally, Victory Capital Management Inc. boosted its holdings in shares of John Wiley & Sons by 261.9% in the 4th quarter. Victory Capital Management Inc. now owns 129,423 shares of the company's stock valued at $5,657,000 after buying an additional 93,661 shares during the period. 73.94% of the stock is owned by institutional investors and hedge funds.

John Wiley & Sons Trading Up 1.9%

John Wiley & Sons stock opened at $43.33 on Monday. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 1.05. The firm has a 50-day moving average price of $41.79 and a two-hundred day moving average price of $42.48. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of 28.32 and a beta of 0.89. John Wiley & Sons, Inc. has a 52-week low of $36.50 and a 52-week high of $53.96.

John Wiley & Sons (NYSE:WLY - Get Free Report) last posted its earnings results on Tuesday, June 17th. The company reported $1.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.27 by $0.10. The firm had revenue of $442.58 million during the quarter, compared to analyst estimates of $435.00 million. John Wiley & Sons had a net margin of 5.02% and a return on equity of 27.42%. John Wiley & Sons's revenue was down 5.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.21 EPS. Sell-side analysts expect that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were paid a dividend of $0.3525 per share. This represents a $1.41 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date of this dividend was Tuesday, April 8th. John Wiley & Sons's payout ratio is 92.16%.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of John Wiley & Sons from a "buy" rating to a "strong-buy" rating in a report on Saturday.

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.

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