John Wiley & Sons (NYSE:WLYB) Reaches New 52-Week High at $44.88

John Wiley & Sons, Inc. (NYSE:WLYB) shares reached a new 52-week high on Monday . The company traded as high as $44.88 and last traded at $44.88, with a volume of 96 shares changing hands. The stock had previously closed at $44.88.

John Wiley & Sons Trading Up 2.7 %

The business’s 50 day moving average price is $39.63 and its two-hundred day moving average price is $36.83. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.04. The company has a market capitalization of $2.66 billion, a price-to-earnings ratio of -13.44 and a beta of 0.70.

John Wiley & Sons (NYSE:WLYB) last posted its quarterly earnings results on Thursday, June 13th. The company reported $1.21 earnings per share for the quarter. John Wiley & Sons had a negative net margin of 10.69% and a positive return on equity of 18.82%. The company had revenue of $468.46 million for the quarter.

John Wiley & Sons Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 25th. Stockholders of record on Tuesday, July 9th will be paid a $0.352 dividend. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date of this dividend is Tuesday, July 9th. John Wiley & Sons’s dividend payout ratio (DPR) is presently -38.74%.

Institutional Investors Weigh In On John Wiley & Sons

A hedge fund recently bought a new stake in John Wiley & Sons stock. PFG Investments LLC acquired a new stake in John Wiley & Sons, Inc. (NYSE:WLYB) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 53,477 shares of the company’s stock, valued at approximately $2,033,000. PFG Investments LLC owned about 0.10% of John Wiley & Sons at the end of the most recent reporting period. 0.49% of the stock is currently owned by institutional investors.

About John Wiley & Sons

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.