Seizert Capital Partners LLC acquired a new stake in shares of John Wiley & Sons, Inc. (NYSE:WLY – Get Rating) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 29,378 shares of the company's stock, valued at approximately $1,103,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Cannell & Co. acquired a new stake in shares of John Wiley & Sons in the third quarter valued at $26,563,000. Victory Capital Management Inc. acquired a new stake in shares of John Wiley & Sons in the third quarter valued at $17,208,000. Raymond James & Associates acquired a new stake in shares of John Wiley & Sons in the third quarter valued at $13,503,000. Van ECK Associates Corp acquired a new stake in shares of John Wiley & Sons in the third quarter valued at $9,268,000. Finally, Willis Investment Counsel acquired a new stake in shares of John Wiley & Sons in the third quarter valued at $6,521,000. 72.99% of the stock is owned by institutional investors.
Get
John Wiley & Sons alerts:
John Wiley & Sons Price Performance
Shares of NYSE:WLY traded up $0.03 during midday trading on Wednesday, reaching $44.08. The company's stock had a trading volume of 105 shares, compared to its average volume of 173,166. The business's fifty day simple moving average is $43.36 and its 200-day simple moving average is $44.53. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.76 and a quick ratio of 0.71. The company has a market capitalization of $2.45 billion, a P/E ratio of 25.17 and a beta of 0.98. John Wiley & Sons, Inc. has a fifty-two week low of $36.57 and a fifty-two week high of $57.04.
John Wiley & Sons (NYSE:WLY – Get Rating) last announced its quarterly earnings data on Wednesday, December 7th. The company reported $1.20 EPS for the quarter. The firm 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%. As a group, equities research analysts expect that John Wiley & Sons, Inc. will post 3.7 EPS for the current fiscal year.
John Wiley & Sons Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 11th. Investors of record on Tuesday, December 27th were given a $0.347 dividend. The ex-dividend date of this dividend was Friday, December 23rd. This represents a $1.39 dividend on an annualized basis and a yield of 3.15%. John Wiley & Sons's payout ratio is 79.43%.
Insider Buying and Selling
In related news, EVP Aref Matin sold 11,450 shares of John Wiley & Sons stock in a transaction dated Thursday, January 12th. The stock was sold at an average price of $43.51, for a total value of $498,189.50. Following the completion of the sale, the executive vice president now directly owns 8,166 shares in the company, valued at $355,302.66. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.62% of the company's stock.
Analysts Set New Price Targets
Separately, TheStreet upgraded John Wiley & Sons from a "c" rating to a "b-" rating in a research note on Wednesday, December 7th.
John Wiley & Sons Company Profile
(Get Rating)
John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research Publishing & Platforms, Academic & Professional Learning, and Education Services. The Research Publishing & Platforms segment provides scientific, technical, medical, and scholarly journals, as well as related content and services to academic, corporate, and government libraries, learned societies, and individual researchers and other professionals.
Further Reading
- Get a free copy of the StockNews.com research report on John Wiley & Sons (WLY)
- J.B. Hunt Gets A Flat, Logistic Companies Come Into Focus
- Is Intel Stock On The Verge Of Breaking Out?
- Does it Matter Folks Aren't "Starry-Eyed" Over Pepsi's New Soda?
- Johnson & Johnson Breakout Breaks Down: Can Earnings Boost Stock?
- Can Alaska Air Continue Soaring Above The Airline Industry?
Want to see what other hedge funds are holding WLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for John Wiley & Sons, Inc. (NYSE:WLY – Get Rating).
Receive News & Ratings for John Wiley & Sons Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Wiley & Sons and related companies with MarketBeat.com's FREE daily email newsletter.
