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12,527 Shares in John Wiley & Sons, Inc. (NYSE:WLY) Bought by Oregon Public Employees Retirement Fund

Defense World · Jan 27, 2023 07:29

Oregon Public Employees Retirement Fund purchased a new position in John Wiley & Sons, Inc. (NYSE:WLY – Get Rating) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,527 shares of the company's stock, valued at approximately $471,000.

A number of other large investors have also bought and sold shares of the stock. Wipfli Financial Advisors LLC acquired a new position in shares of John Wiley & Sons during the third quarter valued at about $25,000. Ronald Blue Trust Inc. bought a new stake in John Wiley & Sons in the third quarter worth about $36,000. Allspring Global Investments Holdings LLC bought a new stake in John Wiley & Sons in the third quarter worth about $30,000. US Bancorp DE bought a new stake in shares of John Wiley & Sons in the third quarter valued at approximately $32,000. Finally, HM Payson & Co. bought a new stake in shares of John Wiley & Sons in the third quarter valued at approximately $66,000. 72.99% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity at John Wiley & Sons

In other John Wiley & Sons news, EVP Aref Matin sold 11,450 shares of the company's stock in a transaction on Thursday, January 12th. The shares were sold at an average price of $43.51, for a total value of $498,189.50. Following the completion of the transaction, the executive vice president now directly owns 8,166 shares in the company, valued at approximately $355,302.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.62% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Separately, TheStreet raised shares of John Wiley & Sons from a "c" rating to a "b-" rating in a research report on Wednesday, December 7th.

John Wiley & Sons Price Performance

WLY stock opened at $44.95 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.76 and a quick ratio of 0.71. John Wiley & Sons, Inc. has a one year low of $36.57 and a one year high of $56.34. The stock has a market cap of $2.50 billion, a PE ratio of 25.69 and a beta of 0.98. The firm has a 50 day simple moving average of $43.13 and a two-hundred day simple moving average of $44.43.

John Wiley & Sons (NYSE:WLY – Get Rating) last announced its quarterly earnings data on Wednesday, December 7th. The company reported $1.20 earnings per share (EPS) for the quarter. John Wiley & Sons had a net margin of 4.79% and a return on equity of 18.27%. The company had revenue of $514.84 million during the quarter. On average, analysts predict that John Wiley & Sons, Inc. will post 3.7 EPS for the current fiscal year.

John Wiley & Sons Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 11th. Investors of record on Tuesday, December 27th were issued a dividend of $0.347 per share. The ex-dividend date was Friday, December 23rd. This represents a $1.39 dividend on an annualized basis and a yield of 3.09%. John Wiley & Sons's dividend payout ratio is currently 79.43%.

About John Wiley & Sons

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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.