Silverberg Bernstein Capital Management LLC Acquires New Shares in John Wiley & Sons, Inc. (NYSE:WLY)

Silverberg Bernstein Capital Management LLC purchased a new stake in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 15,800 shares of the company's stock, valued at approximately $704,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in John Wiley & Sons by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 5,318,812 shares of the company's stock worth $232,485,000 after buying an additional 21,748 shares during the period. William Blair Investment Management LLC grew its stake in shares of John Wiley & Sons by 2.5% in the fourth quarter. William Blair Investment Management LLC now owns 1,053,035 shares of the company's stock valued at $46,028,000 after acquiring an additional 25,667 shares in the last quarter. Burgundy Asset Management Ltd. increased its position in John Wiley & Sons by 1.7% during the fourth quarter. Burgundy Asset Management Ltd. now owns 1,027,831 shares of the company's stock worth $44,926,000 after acquiring an additional 17,583 shares during the period. Brown Advisory Inc. bought a new position in John Wiley & Sons during the fourth quarter worth about $44,880,000. Finally, Geode Capital Management LLC raised its stake in John Wiley & Sons by 4.1% in the 4th quarter. Geode Capital Management LLC now owns 917,596 shares of the company's stock worth $40,117,000 after purchasing an additional 35,888 shares in the last quarter. 73.94% of the stock is owned by institutional investors.

John Wiley & Sons Stock Performance

NYSE WLY traded down $0.19 during trading on Wednesday, reaching $38.44. The company's stock had a trading volume of 331,260 shares, compared to its average volume of 377,663. The firm has a 50 day moving average price of $42.50 and a 200 day moving average price of $43.53. John Wiley & Sons, Inc. has a 12 month low of $34.85 and a 12 month high of $53.96. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of -42.24 and a beta of 0.95. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26.

John Wiley & Sons (NYSE:WLY - Get Free Report) last issued its quarterly earnings results 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. 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 positive return on equity of 24.14% and a negative net margin of 2.82%. As a group, equities analysts anticipate that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Announces Dividend

The company also recently disclosed 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. The ex-dividend date was Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a yield of 3.67%. John Wiley & Sons's payout ratio is 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.