Strs Ohio acquired a new position in shares of John Wiley & Sons, Inc. (NYSE:WLY – Get Rating) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 22,200 shares of the company's stock, valued at approximately $833,000.
A number of other hedge funds have also recently made changes to their positions in the stock. Raymond James & Associates purchased a new stake in shares of John Wiley & Sons during the 3rd quarter worth $13,503,000. Willis Investment Counsel purchased a new stake in John Wiley & Sons in the third quarter valued at about $6,521,000. State of Alaska Department of Revenue purchased a new stake in John Wiley & Sons in the third quarter valued at about $2,072,000. Bonness Enterprises Inc. purchased a new stake in John Wiley & Sons in the third quarter valued at about $1,818,000. Finally, Uncommon Cents Investing LLC purchased a new stake in John Wiley & Sons in the third quarter valued at about $1,554,000. 72.99% of the stock is currently owned by hedge funds and other institutional investors.
Get John Wiley & Sons alerts:John Wiley & Sons Trading Up 1.3 %
John Wiley & Sons stock opened at $44.09 on Monday. The stock has a 50-day moving average of $43.29 and a two-hundred day moving average of $44.58. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.71 and a current ratio of 0.76. John Wiley & Sons, Inc. has a one year low of $36.57 and a one year high of $57.11. The stock has a market cap of $2.45 billion, a PE ratio of 25.19 and a beta of 0.98.
John Wiley & Sons (NYSE:WLY – Get Rating) last released its quarterly earnings results on Wednesday, December 7th. The company reported $1.20 EPS for the quarter. The company 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%. On average, research analysts anticipate 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. Stockholders of record on Tuesday, December 27th were issued a $0.347 dividend. This represents a $1.39 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date was Friday, December 23rd. John Wiley & Sons's dividend payout ratio is presently 79.43%.
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 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.
Recommended Stories
- Get a free copy of the StockNews.com research report on John Wiley & Sons (WLY)
- General Electric Stock, The Sum of All Parts Strategy is Paying Off
- MarketBeat: Week in Review 01/09-01/13
- JPMorgan Chase Falls As Banks Brace For Recession
- Why is the Bed Bath & Beyond Stock Price up 261%?
- Roku Stock Price is Trending, Here's Why
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.