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John Wiley & Sons (NYSE:WLYB) Trading Down 0.6%

Defense World · Jan 7, 2023 02:21

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.