John Wiley & Sons, Inc. (NYSE:WLY) Shares Bought by Blue Trust Inc.

Blue Trust Inc. boosted its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 114.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 749 shares of the company’s stock after purchasing an additional 400 shares during the quarter. Blue Trust Inc.’s holdings in John Wiley & Sons were worth $36,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Berry Wealth Group LP grew its holdings in shares of John Wiley & Sons by 5.4% in the 4th quarter. Berry Wealth Group LP now owns 4,991 shares of the company’s stock worth $218,000 after acquiring an additional 255 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of John Wiley & Sons by 0.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 98,284 shares of the company’s stock valued at $4,742,000 after purchasing an additional 342 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of John Wiley & Sons by 10.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company’s stock valued at $161,000 after purchasing an additional 350 shares during the period. Verdence Capital Advisors LLC increased its stake in John Wiley & Sons by 5.8% in the 3rd quarter. Verdence Capital Advisors LLC now owns 7,617 shares of the company’s stock worth $368,000 after purchasing an additional 417 shares in the last quarter. Finally, KBC Group NV raised its holdings in John Wiley & Sons by 8.1% during the 4th quarter. KBC Group NV now owns 9,074 shares of the company’s stock worth $397,000 after buying an additional 682 shares during the period. Institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Price Performance

WLY stock opened at $38.76 on Friday. John Wiley & Sons, Inc. has a one year low of $32.80 and a one year high of $53.96. The firm has a 50-day moving average of $42.16 and a two-hundred day moving average of $46.21. The firm has a market capitalization of $2.09 billion, a PE ratio of -42.60 and a beta of 0.86. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26.

John Wiley & Sons (NYSE:WLY) last issued its quarterly earnings results on Thursday, December 5th. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.88 by $0.09. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The business had revenue of $426.60 million during the quarter, compared to the consensus estimate of $420.00 million. The business’s revenue for the quarter was down 13.4% on a year-over-year basis. On average, analysts forecast that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were issued a dividend of $0.3525 per share. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.64%. John Wiley & Sons’s payout ratio is currently -154.95%.

John Wiley & Sons Profile

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.