Toronto Dominion Bank Purchases Shares of 34,200 John Wiley & Sons, Inc. (NYSE:WLY)

Toronto Dominion Bank purchased a new position in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 34,200 shares of the company's stock, valued at approximately $1,495,000. Toronto Dominion Bank owned about 0.06% of John Wiley & Sons at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Berry Wealth Group LP raised its stake in shares of John Wiley & Sons by 5.4% in the fourth quarter. Berry Wealth Group LP now owns 4,991 shares of the company's stock worth $218,000 after purchasing an additional 255 shares during the last quarter. Hsbc Holdings PLC increased its position in John Wiley & Sons by 3.6% during the fourth quarter. Hsbc Holdings PLC now owns 7,349 shares of the company's stock valued at $322,000 after acquiring an additional 257 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in John Wiley & Sons by 10.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company's stock valued at $161,000 after acquiring an additional 350 shares during the last quarter. Corebridge Financial Inc. increased its position in John Wiley & Sons by 1.9% during the fourth quarter. Corebridge Financial Inc. now owns 21,294 shares of the company's stock valued at $931,000 after acquiring an additional 394 shares during the last quarter. Finally, Blue Trust Inc. increased its position in John Wiley & Sons by 114.6% during the fourth quarter. Blue Trust Inc. now owns 749 shares of the company's stock valued at $36,000 after acquiring an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 73.94% of the company's stock.

John Wiley & Sons Stock Performance

John Wiley & Sons stock traded down $0.55 during mid-day trading on Thursday, reaching $39.57. 37,916 shares of the stock traded hands, compared to its average volume of 374,602. The stock has a market capitalization of $2.13 billion, a PE ratio of -43.52 and a beta of 0.95. 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, Inc. has a 12-month low of $34.85 and a 12-month high of $53.96. The business's 50-day moving average is $43.08 and its 200-day moving average is $44.01.

John Wiley & Sons (NYSE:WLY - Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The company reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.39. The company had revenue of $404.63 million during the quarter, compared to analysts' expectations 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, sell-side analysts predict that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were issued a dividend of $0.3525 per share. This represents a $1.41 annualized dividend and a yield of 3.56%. The ex-dividend date was Tuesday, April 8th. John Wiley & Sons's dividend payout ratio is presently 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.