New Age Alpha Advisors LLC Purchases New Position in John Wiley & Sons, Inc. (NYSE:WLY)

New Age Alpha Advisors LLC acquired a new position in John Wiley & Sons, Inc. (NYSE:WLY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,049 shares of the company’s stock, valued at approximately $264,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in WLY. Vanguard Group Inc. boosted its holdings in John Wiley & Sons by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 5,318,812 shares of the company’s stock worth $232,485,000 after buying an additional 21,748 shares in the last quarter. State Street Corp raised its position in shares of John Wiley & Sons by 7.2% in the third quarter. State Street Corp now owns 1,688,156 shares of the company’s stock worth $81,454,000 after acquiring an additional 113,631 shares during the period. William Blair Investment Management LLC boosted its stake in shares of John Wiley & Sons by 2.5% during the 4th quarter. William Blair Investment Management LLC now owns 1,053,035 shares of the company’s stock worth $46,028,000 after acquiring an additional 25,667 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of John Wiley & Sons during the 4th quarter valued at about $34,916,000. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of John Wiley & Sons by 1.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 691,828 shares of the company’s stock valued at $30,240,000 after purchasing an additional 6,776 shares in the last quarter. Institutional investors and hedge funds own 73.94% of the company’s stock.

John Wiley & Sons Stock Performance

NYSE WLY opened at $45.08 on Wednesday. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of -49.54 and a beta of 0.82. The stock has a 50-day moving average of $42.11 and a 200 day moving average of $45.81. 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, Inc. has a twelve month low of $34.85 and a twelve month high of $53.96.

John Wiley & Sons (NYSE:WLY) last announced its earnings results on Thursday, March 6th. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.39. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. The firm had revenue of $404.63 million for the quarter, compared to analyst estimates of $401.10 million. Sell-side analysts anticipate that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Tuesday, April 8th will be given a $0.3525 dividend. The ex-dividend date is Tuesday, April 8th. This represents a $1.41 annualized dividend and a dividend yield of 3.13%. John Wiley & Sons’s dividend payout ratio (DPR) is 190.54%.

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.