John Wiley & Sons (NYSE:WLYB) Sets New 1-Year High at $48.19

John Wiley & Sons, Inc. (NYSE:WLYB) hit a new 52-week high on Tuesday . The stock traded as high as $48.19 and last traded at $48.19, with a volume of 9 shares changing hands. The stock had previously closed at $48.19.

John Wiley & Sons Price Performance

The company’s fifty day moving average is $40.76 and its two-hundred day moving average is $37.48. The firm has a market capitalization of $2.62 billion, a price-to-earnings ratio of -13.24 and a beta of 0.70. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.04.

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

John Wiley & Sons Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 25th. Shareholders of record on Tuesday, July 9th will be issued a $0.352 dividend. The ex-dividend date of this dividend is Tuesday, July 9th. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a yield of 2.92%. John Wiley & Sons’s dividend payout ratio (DPR) is -38.74%.

Institutional Investors Weigh In On John Wiley & Sons

An institutional investor recently bought a new position in John Wiley & Sons stock. PFG Investments LLC acquired a new position in shares of John Wiley & Sons, Inc. (NYSE:WLYB) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 53,477 shares of the company’s stock, valued at approximately $2,033,000. PFG Investments LLC owned approximately 0.10% of John Wiley & Sons as of its most recent SEC filing. Institutional investors and hedge funds own 0.49% of the company’s stock.

John Wiley & Sons Company Profile

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.