LSV Asset Management Acquires 28,200 Shares of John Wiley & Sons, Inc. $WLY

LSV Asset Management raised its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 28.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 127,700 shares of the company’s stock after purchasing an additional 28,200 shares during the quarter. LSV Asset Management owned 0.24% of John Wiley & Sons worth $3,911,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of John Wiley & Sons by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 4,840,470 shares of the company’s stock valued at $148,264,000 after buying an additional 25,174 shares during the last quarter. Clarkston Capital Partners LLC lifted its position in shares of John Wiley & Sons by 16.7% during the 3rd quarter. Clarkston Capital Partners LLC now owns 2,207,824 shares of the company’s stock valued at $89,351,000 after buying an additional 315,329 shares during the last quarter. State Street Corp lifted its position in shares of John Wiley & Sons by 2.1% during the 2nd quarter. State Street Corp now owns 1,714,430 shares of the company’s stock valued at $76,515,000 after buying an additional 34,782 shares during the last quarter. Schroder Investment Management Group lifted its position in shares of John Wiley & Sons by 1.2% during the 3rd quarter. Schroder Investment Management Group now owns 1,573,330 shares of the company’s stock valued at $63,673,000 after buying an additional 19,067 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of John Wiley & Sons by 3.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,557,800 shares of the company’s stock valued at $63,041,000 after buying an additional 55,155 shares during the last quarter. Institutional investors own 73.94% of the company’s stock.

Analysts Set New Price Targets

Separately, Zacks Research cut John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

John Wiley & Sons Stock Performance

Shares of WLY opened at $42.53 on Wednesday. The stock’s 50-day simple moving average is $39.69 and its 200 day simple moving average is $34.88. The stock has a market capitalization of $2.18 billion, a price-to-earnings ratio of 14.82 and a beta of 0.80. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.57 and a current ratio of 0.59. John Wiley & Sons, Inc. has a 52-week low of $28.38 and a 52-week high of $45.64.

John Wiley & Sons (NYSE:WLY) last issued its quarterly earnings data on Friday, March 6th. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.11. The business had revenue of $410.04 million for the quarter, compared to analysts’ expectations of $391.00 million. John Wiley & Sons had a return on equity of 28.38% and a net margin of 9.24%.The firm’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.84 EPS. Research analysts forecast that John Wiley & Sons, Inc. will post 4.2 EPS for the current fiscal year.

John Wiley & Sons Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Tuesday, April 7th were issued a dividend of $0.355 per share. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $1.42 dividend on an annualized basis and a yield of 3.3%. John Wiley & Sons’s dividend payout ratio is 49.48%.

John Wiley & Sons Profile

John Wiley & Sons, Inc is a global publishing and educational services company founded in 1807 and headquartered in Hoboken, New Jersey. The company operates through two primary segments: Research & Publishing and Education. Through these segments, Wiley produces a wide range of scholarly journals, books, reference works and digital products for academic, scientific, technical and medical markets, as well as professional development and higher education learning resources.

In its Research & Publishing segment, Wiley publishes thousands of peer-reviewed journals and maintains the Wiley Online Library, a leading platform for scientific and scholarly content.