Handelsbanken Fonder AB Raises Stock Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Handelsbanken Fonder AB raised its position in John Wiley & Sons, Inc. (NYSE:WLY) by 19.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,137 shares of the company’s stock after buying an additional 2,100 shares during the quarter. Handelsbanken Fonder AB’s holdings in John Wiley & Sons were worth $574,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. New York State Common Retirement Fund increased its holdings in shares of John Wiley & Sons by 7.4% in the fourth quarter. New York State Common Retirement Fund now owns 297,820 shares of the company’s stock valued at $13,018,000 after purchasing an additional 20,644 shares during the period. Cardinal Capital Management increased its holdings in shares of John Wiley & Sons by 5.1% in the fourth quarter. Cardinal Capital Management now owns 35,003 shares of the company’s stock valued at $1,542,000 after purchasing an additional 1,696 shares during the period. D.A. Davidson & CO. increased its holdings in shares of John Wiley & Sons by 39.9% in the fourth quarter. D.A. Davidson & CO. now owns 61,858 shares of the company’s stock valued at $2,704,000 after purchasing an additional 17,630 shares during the period. Principal Financial Group Inc. increased its holdings in shares of John Wiley & Sons by 3.8% in the fourth quarter. Principal Financial Group Inc. now owns 217,071 shares of the company’s stock valued at $9,488,000 after purchasing an additional 7,887 shares during the period. Finally, Blue Trust Inc. increased its holdings in shares of John Wiley & Sons by 114.6% in the fourth quarter. Blue Trust Inc. now owns 749 shares of the company’s stock valued at $36,000 after purchasing an additional 400 shares during the period. Hedge funds and other institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Trading Up 2.8 %

Shares of WLY stock opened at $39.91 on Friday. The business’s fifty day moving average price is $41.96 and its 200 day moving average price is $46.12. John Wiley & Sons, Inc. has a 1-year low of $32.80 and a 1-year high of $53.96. The firm has a market capitalization of $2.16 billion, a PE ratio of -43.86 and a beta of 0.86. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61.

John Wiley & Sons (NYSE:WLY) last announced its quarterly earnings data on Thursday, December 5th. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.09. The firm had revenue of $426.60 million for the quarter, compared to analyst estimates 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 company’s quarterly revenue was down 13.4% compared to the same quarter last year. As a group, sell-side analysts forecast that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were given a $0.3525 dividend. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a dividend yield of 3.53%. The ex-dividend date was Thursday, December 26th. John Wiley & Sons’s dividend payout ratio is currently -154.95%.

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.