Ceredex Value Advisors LLC purchased a new position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 211,300 shares of the company's stock, valued at approximately $6,779,000. Ceredex Value Advisors LLC owned about 0.39% of John Wiley & Sons as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also added to or reduced their stakes in WLY. Osaic Holdings Inc. increased its position in John Wiley & Sons by 43.5% in the second quarter. Osaic Holdings Inc. now owns 1,909 shares of the company's stock worth $36,000 after buying an additional 579 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in John Wiley & Sons in the 4th quarter worth about $48,000. Adirondack Trust Co. bought a new stake in John Wiley & Sons in the 3rd quarter valued at about $63,000. Acadian Asset Management LLC purchased a new stake in John Wiley & Sons during the third quarter valued at about $89,000. Finally, International Assets Investment Management LLC bought a new position in John Wiley & Sons during the fourth quarter worth about $100,000. 73.94% of the stock is owned by institutional investors.
John Wiley & Sons Stock Performance
Shares of NYSE WLY traded up $0.28 during midday trading on Monday, hitting $38.32. The company's stock had a trading volume of 280,309 shares, compared to its average volume of 411,793. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of -13.31 and a beta of 0.91. The company has a current ratio of 0.54, a quick ratio of 0.50 and a debt-to-equity ratio of 1.20. The stock has a fifty day moving average price of $35.42 and a 200 day moving average price of $33.17. John Wiley & Sons, Inc. has a one year low of $28.83 and a one year high of $40.23.
John Wiley & Sons (NYSE:WLY - Get Free Report) last issued its earnings results on Thursday, March 7th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.14. John Wiley & Sons had a negative net margin of 8.14% and a positive return on equity of 18.83%. The business had revenue of $460.70 million for the quarter, compared to analysts' expectations of $392.60 million. During the same quarter in the previous year, the firm posted $0.85 EPS. The business's revenue for the quarter was down 6.2% compared to the same quarter last year. On average, research analysts forecast that John Wiley & Sons, Inc. will post 2.55 EPS for the current fiscal year.
John Wiley & Sons Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, April 25th. Shareholders of record on Tuesday, April 9th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Monday, April 8th. This represents a $1.40 annualized dividend and a yield of 3.65%. John Wiley & Sons's dividend payout ratio is currently -48.61%.
Insider Buying and Selling at John Wiley & Sons
In other news, EVP Todd Zipper sold 3,935 shares of the company's stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $31.12, for a total value of $122,457.20. Following the transaction, the executive vice president now owns 16,787 shares of the company's stock, valued at $522,411.44. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.79% of the company's stock.
John Wiley & Sons Company Profile
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Free Report)
John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.
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