Alta Fox Capital Management LLC Purchases 219,349 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Alta Fox Capital Management LLC grew its stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 171.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 347,047 shares of the company's stock after buying an additional 219,349 shares during the quarter. John Wiley & Sons accounts for approximately 5.4% of Alta Fox Capital Management LLC's portfolio, making the stock its 7th biggest position. Alta Fox Capital Management LLC owned approximately 0.64% of John Wiley & Sons worth $15,169,000 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. Gallagher Fiduciary Advisors LLC lifted its position in John Wiley & Sons by 17.8% in the fourth quarter. Gallagher Fiduciary Advisors LLC now owns 10,228 shares of the company's stock valued at $447,000 after acquiring an additional 1,545 shares during the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in shares of John Wiley & Sons in the 4th quarter valued at about $209,000. AdvisorShares Investments LLC acquired a new position in John Wiley & Sons during the fourth quarter worth approximately $433,000. Northern Trust Corp lifted its stake in John Wiley & Sons by 10.9% in the fourth quarter. Northern Trust Corp now owns 440,272 shares of the company's stock valued at $19,244,000 after buying an additional 43,275 shares during the last quarter. Finally, Aquatic Capital Management LLC acquired a new stake in shares of John Wiley & Sons in the fourth quarter valued at approximately $34,000. Institutional investors and hedge funds own 73.94% of the company's stock.

John Wiley & Sons Stock Performance

Shares of John Wiley & Sons stock traded up $0.66 during trading on Thursday, reaching $45.25. The company's stock had a trading volume of 175,856 shares, compared to its average volume of 359,689. The firm has a market cap of $2.44 billion, a PE ratio of -49.73 and a beta of 0.95. The company has a 50-day moving average price of $43.34 and a two-hundred day moving average price of $44.79. 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, Inc. has a fifty-two week low of $34.85 and a fifty-two week high of $53.96.

John Wiley & Sons (NYSE:WLY - Get Free Report) last announced its earnings results on Thursday, March 6th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.39. The company 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%. On average, analysts forecast that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Tuesday, April 8th were paid a $0.3525 dividend. The ex-dividend date was Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.12%. John Wiley & Sons's dividend payout ratio (DPR) is presently 190.54%.

About John Wiley & Sons

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.