First Trust Advisors LP Makes New Investment in John Wiley & Sons, Inc. (NYSE:WLY)

First Trust Advisors LP acquired a new position in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 78,620 shares of the company's stock, valued at approximately $3,436,000. First Trust Advisors LP owned about 0.15% of John Wiley & Sons at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Berry Wealth Group LP raised its holdings in shares of John Wiley & Sons by 5.4% during the 4th quarter. Berry Wealth Group LP now owns 4,991 shares of the company's stock valued at $218,000 after buying an additional 255 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew 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. raised its stake in shares of John Wiley & Sons by 1.9% during the fourth quarter. Corebridge Financial Inc. now owns 21,294 shares of the company's stock worth $931,000 after acquiring an additional 394 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of John Wiley & Sons by 114.6% in the 4th quarter. Blue Trust Inc. now owns 749 shares of the company's stock worth $36,000 after acquiring an additional 400 shares during the last quarter. Finally, Access Investment Management LLC boosted its stake in shares of John Wiley & Sons by 0.7% in the 4th quarter. Access Investment Management LLC now owns 67,325 shares of the company's stock valued at $2,943,000 after purchasing an additional 455 shares in the last quarter. 73.94% of the stock is owned by hedge funds and other institutional investors.

John Wiley & Sons Trading Up 0.4 %

NYSE:WLY traded up $0.18 during trading hours on Wednesday, reaching $44.64. The company's stock had a trading volume of 327,277 shares, compared to its average volume of 359,998. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of -49.05 and a beta of 0.95. The firm has a 50-day simple moving average of $43.25 and a 200-day simple moving average of $44.79. John Wiley & Sons, Inc. has a 1 year low of $34.85 and a 1 year high of $53.96.

John Wiley & Sons (NYSE:WLY - Get Free Report) last released its 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. The company had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. Research analysts expect that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were issued a $0.3525 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date was Tuesday, April 8th. John Wiley & Sons's dividend payout ratio (DPR) 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.