John Wiley & Sons, Inc. (NYSE:WLY) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. boosted its position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 0.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,318,812 shares of the company's stock after buying an additional 21,748 shares during the quarter. Vanguard Group Inc. owned approximately 9.84% of John Wiley & Sons worth $232,485,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. lifted its holdings 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 purchasing an additional 400 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of John Wiley & Sons by 2,578.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company's stock worth $151,000 after buying an additional 3,300 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of John Wiley & Sons by 21.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company's stock worth $151,000 after buying an additional 603 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of John Wiley & Sons by 10.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company's stock worth $161,000 after buying an additional 350 shares in the last quarter. Finally, Berry Wealth Group LP lifted 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 buying an additional 255 shares in the last quarter. Institutional investors and hedge funds own 73.94% of the company's stock.

John Wiley & Sons Price Performance

Shares of NYSE:WLY traded down $0.92 during midday trading on Thursday, hitting $41.77. The company's stock had a trading volume of 36,271 shares, compared to its average volume of 355,592. The business's 50 day simple moving average is $42.19 and its 200 day simple moving average is $45.58. 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 company has a market cap of $2.25 billion, a P/E ratio of -45.90 and a beta of 0.86. John Wiley & Sons, Inc. has a 12-month low of $34.85 and a 12-month high of $53.96.

John Wiley & Sons (NYSE:WLY - Get Free Report) last announced its quarterly 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. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The business had revenue of $404.63 million during the quarter, compared to analysts' expectations of $401.10 million. On average, analysts forecast that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Tuesday, April 8th will be issued a $0.3525 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date of this dividend is Tuesday, April 8th. John Wiley & Sons's dividend payout ratio (DPR) is currently 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.