John Wiley & Sons, Inc. (NYSE:WLYB – Get Rating) dropped 0.6% during mid-day trading on Friday . The stock traded as low as $41.73 and last traded at $41.73. Approximately 621 shares traded hands during trading, a decline of 28% from the average daily volume of 860 shares. The stock had previously closed at $41.96.
Analyst Upgrades and Downgrades
Separately, TheStreet upgraded shares of John Wiley & Sons from a "c" rating to a "b-" rating in a report on Wednesday, December 7th.
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John Wiley & Sons Stock Performance
The firm's 50-day simple moving average is $42.84 and its two-hundred day simple moving average is $44.43. The company has a current ratio of 0.76, a quick ratio of 0.71 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $2.32 billion, a PE ratio of 23.84 and a beta of 0.88.
John Wiley & Sons (NYSE:WLYB – Get Rating) last issued its earnings results on Wednesday, December 7th. The company reported $1.20 EPS for the quarter. The business had revenue of $514.84 million during the quarter. John Wiley & Sons had a return on equity of 18.27% and a net
margin of 4.79%.
John Wiley & Sons Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 11th. Stockholders of record on Tuesday, December 27th will be given a $0.3475 dividend. This represents a $1.39 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date of this dividend is Friday, December 23rd. John Wiley & Sons's dividend payout ratio (DPR) is 79.43%.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Neuberger Berman Group LLC purchased a new position in shares of John Wiley & Sons during the 3rd quarter valued at $384,000. Vanguard Group Inc. purchased a new position in John Wiley & Sons in the third quarter valued at about $240,000. Royal Bank of Canada acquired a new position in John Wiley & Sons in the 3rd quarter worth about $1,679,000. Eaton Vance Management purchased a new stake in shares of John Wiley & Sons during the 3rd quarter worth about $5,572,000. Finally, Dimensional Fund Advisors LP acquired a new stake in shares of John Wiley & Sons during the 3rd quarter valued at about $856,000.
About John Wiley & Sons
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John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research Publishing & Platforms, Academic & Professional Learning, and Education Services. The Research Publishing & Platforms segment 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.
Further Reading
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