John Wiley & Sons, Inc. (NYSE:WLY) Shares Purchased by Mackenzie Financial Corp

Mackenzie Financial Corp raised its stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 107.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,688 shares of the company's stock after purchasing an additional 9,677 shares during the quarter. Mackenzie Financial Corp's holdings in John Wiley & Sons were worth $817,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of WLY. Brown Advisory Inc. purchased a new position in shares of John Wiley & Sons in the 4th quarter valued at approximately $44,880,000. Raymond James Financial Inc. purchased a new stake in shares of John Wiley & Sons in the fourth quarter valued at approximately $34,916,000. Alta Fox Capital Management LLC boosted its stake in shares of John Wiley & Sons by 171.8% in the fourth 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 in the last quarter. River Global Investors LLP purchased a new stake in shares of John Wiley & Sons in the fourth quarter valued at approximately $7,174,000. Finally, Victory Capital Management Inc. boosted its stake 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 valued at $5,657,000 after buying an additional 93,661 shares in the last quarter. 73.94% of the stock is currently owned by hedge funds and other institutional investors.

John Wiley & Sons Price Performance

Shares of John Wiley & Sons stock traded down $0.18 during trading on Thursday, reaching $38.23. The company's stock had a trading volume of 53,609 shares, compared to its average volume of 377,073. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26. John Wiley & Sons, Inc. has a 12-month low of $34.85 and a 12-month high of $53.96. The company has a market capitalization of $2.06 billion, a P/E ratio of -41.96 and a beta of 0.88. The business has a 50 day moving average price of $42.50 and a 200-day moving average price of $43.53.

John Wiley & Sons (NYSE:WLY - Get Free Report) last posted its quarterly earnings results on Thursday, March 6th. The company reported $0.84 earnings per share for the quarter, beating 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 firm had revenue of $404.63 million for the quarter, compared to the consensus estimate of $401.10 million. As a group, sell-side analysts anticipate that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Dividend Announcement

The company also recently announced 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. The ex-dividend date was Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a yield of 3.69%. John Wiley & Sons's payout ratio is 190.54%.

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.