Blue Trust Inc. Acquires 400 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Blue Trust Inc. grew its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 114.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 749 shares of the company’s stock after acquiring an additional 400 shares during the quarter. Blue Trust Inc.’s holdings in John Wiley & Sons were worth $36,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. AQR Capital Management LLC boosted its holdings in John Wiley & Sons by 13.5% in the 2nd quarter. AQR Capital Management LLC now owns 6,796 shares of the company’s stock valued at $273,000 after purchasing an additional 806 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of John Wiley & Sons by 2.0% during the second quarter. The Manufacturers Life Insurance Company now owns 19,308 shares of the company’s stock valued at $786,000 after buying an additional 380 shares during the last quarter. Handelsbanken Fonder AB lifted its stake in shares of John Wiley & Sons by 17.0% in the third quarter. Handelsbanken Fonder AB now owns 11,037 shares of the company’s stock valued at $533,000 after buying an additional 1,600 shares during the period. GAMMA Investing LLC grew its position in John Wiley & Sons by 39.2% during the third quarter. GAMMA Investing LLC now owns 1,187 shares of the company’s stock worth $57,000 after buying an additional 334 shares in the last quarter. Finally, Wedge Capital Management L L P NC increased its stake in John Wiley & Sons by 2.7% during the third quarter. Wedge Capital Management L L P NC now owns 31,297 shares of the company’s stock valued at $1,510,000 after acquiring an additional 830 shares during the period. 73.94% of the stock is owned by institutional investors.

John Wiley & Sons Price Performance

Shares of WLY stock opened at $40.27 on Monday. John Wiley & Sons, Inc. has a 12 month low of $32.50 and a 12 month high of $53.96. The company has a market capitalization of $2.18 billion, a P/E ratio of -44.25 and a beta of 0.86. The stock has a 50 day moving average of $43.90 and a two-hundred day moving average of $46.75. 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 earnings results on Thursday, December 5th. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.88 by $0.09. The firm had revenue of $426.60 million during the quarter, compared to analysts’ expectations of $420.00 million. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. The firm’s revenue for the quarter was down 13.4% on a year-over-year basis. As a group, equities analysts expect that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were paid a $0.3525 dividend. The ex-dividend date was Thursday, December 26th. This represents a $1.41 dividend on an annualized basis and a yield of 3.50%. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s payout ratio is presently -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.