Toronto Dominion Bank Makes New Investment in John Wiley & Sons, Inc. (NYSE:WLY)

Toronto Dominion Bank purchased a new stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 34,200 shares of the company's stock, valued at approximately $1,495,000. Toronto Dominion Bank owned approximately 0.06% of John Wiley & Sons at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brown Advisory Inc. purchased a new position in shares of John Wiley & Sons during the fourth quarter worth about $44,880,000. Raymond James Financial Inc. purchased a new position in John Wiley & Sons in the 4th quarter valued at $34,916,000. Alta Fox Capital Management LLC increased its stake in shares of John Wiley & Sons by 171.8% during the fourth quarter. Alta Fox Capital Management LLC now owns 347,047 shares of the company's stock worth $15,169,000 after acquiring an additional 219,349 shares during the period. River Global Investors LLP purchased a new stake in John Wiley & Sons in the 4th quarter valued at approximately $7,174,000. Finally, Victory Capital Management Inc. grew its holdings in John Wiley & Sons by 261.9% during the fourth quarter. Victory Capital Management Inc. now owns 129,423 shares of the company's stock worth $5,657,000 after acquiring an additional 93,661 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 $0.07 during mid-day trading on Tuesday, reaching $40.69. The company had a trading volume of 345,382 shares, compared to its average volume of 375,736. The stock's 50-day simple moving average is $43.25 and its 200-day simple moving average is $44.06. The company has a market capitalization of $2.19 billion, a P/E ratio of -44.71 and a beta of 0.95. John Wiley & Sons, Inc. has a 1 year low of $34.85 and a 1 year 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 (NYSE:WLY - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $0.84 earnings per share (EPS) 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 analyst estimates of $401.10 million. On average, equities analysts predict that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Dividend Announcement

The firm 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 annualized dividend and a yield of 3.47%. John Wiley & Sons's dividend payout ratio is currently 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.