John Wiley & Sons, Inc. (NYSE:WLY - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The company traded as low as $36.50 and last traded at $36.96, with a volume of 448966 shares traded. The stock had previously closed at $37.73.
John Wiley & Sons Trading Up 4.5%
The business has a 50-day simple moving average of $41.78 and a two-hundred day simple moving average of $42.60. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of 27.81 and a beta of 0.88. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.54 and a quick ratio of 0.52.
John Wiley & Sons (NYSE:WLY - Get Free Report) last issued its earnings results on Tuesday, June 17th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.27 by $0.10. The company had revenue of $442.58 million during the quarter, compared to the consensus estimate of $435.00 million. John Wiley & Sons had a return on equity of 27.42% and a net margin of 5.02%. The firm's revenue for the quarter was down 5.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.21 EPS. Equities analysts forecast that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.
John Wiley & Sons Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Tuesday, April 8th were given a dividend of $0.3525 per share. The ex-dividend date was Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a yield of 3.31%. John Wiley & Sons's dividend payout ratio (DPR) is 92.16%.
Hedge Funds Weigh In On John Wiley & Sons
Institutional investors and hedge funds have recently modified their holdings of the stock. Sterling Capital Management LLC lifted its stake in shares of John Wiley & Sons by 686.1% during the 4th quarter. Sterling Capital Management LLC now owns 621 shares of the company's stock worth $27,000 after buying an additional 542 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in John Wiley & Sons in the 1st quarter valued at about $29,000. Aquatic Capital Management LLC acquired a new stake in John Wiley & Sons during the fourth quarter worth approximately $34,000. Blue Trust Inc. boosted its holdings in shares of John Wiley & Sons by 114.6% during the fourth quarter. Blue Trust Inc. now owns 749 shares of the company's stock worth $36,000 after acquiring an additional 400 shares during the period. Finally, State of Wyoming bought a new stake in shares of John Wiley & Sons during the fourth quarter worth approximately $46,000. 73.94% of the stock is currently owned by institutional investors and hedge funds.
John Wiley & Sons Company Profile
(
Get Free Report)
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.
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