OneDigital Investment Advisors LLC Makes New $550,000 Investment in John Wiley & Sons, Inc. (NYSE:WLY)

OneDigital Investment Advisors LLC bought a new position in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,591 shares of the company's stock, valued at approximately $550,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of John Wiley & Sons during the fourth quarter valued at approximately $34,916,000. River Global Investors LLP purchased a new stake in shares of John Wiley & Sons during the fourth quarter valued at approximately $7,174,000. JPMorgan Chase & Co. boosted its stake in shares of John Wiley & Sons by 29.3% during the third quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company's stock valued at $30,925,000 after purchasing an additional 145,270 shares during the period. Victory Capital Management Inc. boosted its stake in shares of John Wiley & Sons by 261.9% during the fourth quarter. Victory Capital Management Inc. now owns 129,423 shares of the company's stock valued at $5,657,000 after purchasing an additional 93,661 shares during the period. Finally, First Trust Advisors LP purchased a new stake in shares of John Wiley & Sons during the fourth quarter valued at approximately $3,436,000. Hedge funds and other institutional investors own 73.94% of the company's stock.

John Wiley & Sons Trading Up 0.1 %

Shares of NYSE:WLY traded up $0.05 during trading on Thursday, reaching $43.69. 473,314 shares of the company traded hands, compared to its average volume of 413,741. The business's fifty day moving average is $42.86 and its 200-day moving average is $44.99. John Wiley & Sons, Inc. has a 52-week low of $34.85 and a 52-week high of $53.96. The firm has a market capitalization of $2.35 billion, a price-to-earnings ratio of -48.01 and a beta of 0.86. 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 (NYSE:WLY - Get Free Report) last announced its quarterly earnings results on Thursday, March 6th. The company reported $0.84 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.39. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. The company had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. As a group, 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 declared a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Tuesday, April 8th were paid a $0.3525 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date of this dividend was Tuesday, April 8th. John Wiley & Sons's payout ratio is 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.