John Wiley & Sons, Inc. (NYSE:WLY) Position Increased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 9.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,487 shares of the company’s stock after purchasing an additional 567 shares during the period. Oppenheimer & Co. Inc.’s holdings in John Wiley & Sons were worth $284,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its holdings in shares of John Wiley & Sons by 114.6% during the fourth quarter. Blue Trust Inc. now owns 749 shares of the company’s stock valued at $36,000 after acquiring an additional 400 shares during the period. Harbor Capital Advisors Inc. acquired a new position in shares of John Wiley & Sons during the third quarter valued at $57,000. Nisa Investment Advisors LLC boosted its holdings in shares of John Wiley & Sons by 2,578.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company’s stock valued at $151,000 after acquiring an additional 3,300 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of John Wiley & Sons by 10.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company’s stock valued at $161,000 after acquiring an additional 350 shares during the period. Finally, Berry Wealth Group LP boosted its holdings in shares of John Wiley & Sons by 5.4% during the fourth quarter. Berry Wealth Group LP now owns 4,991 shares of the company’s stock valued at $218,000 after acquiring an additional 255 shares during the period. Institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Stock Performance

WLY stock opened at $46.14 on Friday. The company has a market capitalization of $2.49 billion, a P/E ratio of -50.71 and a beta of 0.82. The company has a 50-day simple moving average of $41.56 and a 200 day simple moving average of $45.97. John Wiley & Sons, Inc. has a fifty-two week low of $34.85 and a fifty-two week high of $53.96. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26.

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

John Wiley & Sons Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were issued a $0.3525 dividend. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. The ex-dividend date was Thursday, December 26th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.06%. John Wiley & Sons’s dividend payout ratio is currently -154.95%.

John Wiley & Sons 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.