Wolters Kluwer (OTCMKTS:WTKWY) Sees Large Volume Increase - What's Next?

Key Points

• Wolters Kluwer shares experienced a significant trading volume increase, with approximately 39,011 shares traded, up 13% from the previous day.
• Sanford C. Bernstein has upgraded Wolters Kluwer to a "hold" rating as of July 17th.
• The company recently declared a dividend of $1.3372, representing a yield of 1.18%, an increase from the previous dividend of $0.77.
• Wolters Kluwer has a debt-to-equity ratio of 2.18 and operates across multiple segments including Health, Tax & Accounting, and Legal.

Shares of Wolters Kluwer NV (OTCMKTS:WTKWY - Get Free Report) saw unusually-high trading volume on Friday . Approximately 39,011 shares changed hands during trading, an increase of 13% from the previous session's volume of 34,662 shares.The stock last traded at $157.59 and had previously closed at $160.76.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised shares of Wolters Kluwer to a "hold" rating in a report on Thursday, July 17th.

Wolters Kluwer Trading Up 0.2%

The company has a current ratio of 0.70, a quick ratio of 0.68 and a debt-to-equity ratio of 2.18. The firm's fifty day moving average price is $168.88 and its two-hundred day moving average price is $169.54.

Wolters Kluwer Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 21st were issued a dividend of $1.3372 per share. This is an increase from Wolters Kluwer's previous dividend of $0.77. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a yield of 1.18%.

Wolters Kluwer Company Profile

Wolters Kluwer N.V. provides professional information, software solutions, and services in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, and internationally. The company operates through Health; Tax & Accounting; Financial & Corporate Compliance; Legal & Regulatory; and Corporate Performance & ESG segments.