John Wiley & Sons (NYSE:WLYB) Sees Strong Trading Volume – Should You Buy?

John Wiley & Sons, Inc. (NYSE:WLYB) saw unusually-strong trading volume on Friday . Approximately 281 shares traded hands during mid-day trading, an increase of 140% from the previous session’s volume of 117 shares.The stock last traded at $39.95 and had previously closed at $38.26.

John Wiley & Sons Trading Up 4.6%

The stock has a market capitalization of $2.14 billion, a PE ratio of 26.16 and a beta of 0.76. The company’s 50 day moving average price is $41.10 and its two-hundred day moving average price is $41.92. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.54 and a quick ratio of 0.51.

John Wiley & Sons (NYSE:WLYB) last released its quarterly earnings data on Tuesday, June 17th. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.10. The company had revenue of $442.58 million during the quarter, compared to the consensus estimate of $435.00 million. John Wiley & Sons had a net margin of 5.02% and a return on equity of 27.42%.

John Wiley & Sons Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 24th. Investors of record on Tuesday, July 8th were given a dividend of $0.355 per share. The ex-dividend date was Tuesday, July 8th. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.42 dividend on an annualized basis and a yield of 3.5%. John Wiley & Sons’s dividend payout ratio (DPR) is 92.81%.

Hedge Funds Weigh In On John Wiley & Sons

An institutional investor recently bought a new position in John Wiley & Sons stock. Gabelli Funds LLC purchased a new position in shares of John Wiley & Sons, Inc. (NYSE:WLYB) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,500 shares of the company’s stock, valued at approximately $201,000. 0.49% of the stock is owned by institutional investors.

John Wiley & Sons Company 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.