John Wiley & Sons (NYSE:WLY) Trading Up 2.9%

John Wiley & Sons, Inc. (NYSE:WLYGet Rating) shares were up 2.9% during trading on Tuesday . The company traded as high as $47.61 and last traded at $47.51. Approximately 208,840 shares traded hands during trading, a decline of 7% from the average daily volume of 225,686 shares. The stock had previously closed at $46.18.

Analysts Set New Price Targets

A number of research analysts have commented on WLY shares. TheStreet lowered John Wiley & Sons from a “b” rating to a “c” rating in a research report on Wednesday, September 7th. CJS Securities upgraded John Wiley & Sons from a “market perform” rating to an “outperform” rating in a report on Thursday, September 8th.

John Wiley & Sons Price Performance

The company has a current ratio of 0.64, a quick ratio of 0.60 and a debt-to-equity ratio of 0.85. The company has a market cap of $2.65 billion, a PE ratio of 23.05 and a beta of 0.93. The firm has a 50 day moving average of $41.35 and a two-hundred day moving average of $46.69.

John Wiley & Sons (NYSE:WLYGet Rating) last posted its quarterly earnings results on Wednesday, September 7th. The company reported $0.36 earnings per share for the quarter. The company had revenue of $487.57 million for the quarter. John Wiley & Sons had a return on equity of 18.61% and a net margin of 5.60%.

John Wiley & Sons Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 26th. Investors of record on Tuesday, October 11th were paid a $0.3475 dividend. The ex-dividend date was Friday, October 7th. This represents a $1.39 annualized dividend and a dividend yield of 2.93%. John Wiley & Sons’s payout ratio is currently 67.48%.

Insider Buying and Selling

In other John Wiley & Sons news, EVP Jay Flynn sold 1,954 shares of the stock in a transaction on Thursday, September 15th. The stock was sold at an average price of $43.65, for a total transaction of $85,292.10. Following the sale, the executive vice president now directly owns 1,955 shares in the company, valued at approximately $85,335.75. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.62% of the stock is currently owned by company insiders.

Institutional Trading of John Wiley & Sons

Institutional investors have recently added to or reduced their stakes in the business. Wipfli Financial Advisors LLC purchased a new stake in John Wiley & Sons during the 3rd quarter valued at $25,000. First Horizon Advisors Inc. bought a new position in shares of John Wiley & Sons during the 3rd quarter valued at $26,000. Allspring Global Investments Holdings LLC bought a new position in shares of John Wiley & Sons during the 3rd quarter valued at $30,000. US Bancorp DE bought a new position in shares of John Wiley & Sons during the 3rd quarter valued at $32,000. Finally, Global Retirement Partners LLC bought a new position in shares of John Wiley & Sons during the 3rd quarter valued at $34,000. 73.09% of the stock is currently owned by hedge funds and other institutional investors.

John Wiley & Sons Company Profile

(Get Rating)

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research Publishing & Platforms, Academic & Professional Learning, and Education Services. The Research Publishing & Platforms segment 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.

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