Access Investment Management LLC Has $2.94 Million Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Access Investment Management LLC raised its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 0.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,325 shares of the company’s stock after buying an additional 455 shares during the quarter. Access Investment Management LLC owned 0.12% of John Wiley & Sons worth $2,943,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Handelsbanken Fonder AB increased its holdings in John Wiley & Sons by 19.0% in the 4th quarter. Handelsbanken Fonder AB now owns 13,137 shares of the company’s stock valued at $574,000 after buying an additional 2,100 shares during the period. New York State Common Retirement Fund increased its holdings in John Wiley & Sons by 7.4% in the 4th quarter. New York State Common Retirement Fund now owns 297,820 shares of the company’s stock valued at $13,018,000 after buying an additional 20,644 shares during the period. Cardinal Capital Management increased its holdings in John Wiley & Sons by 5.1% in the 4th quarter. Cardinal Capital Management now owns 35,003 shares of the company’s stock valued at $1,542,000 after buying an additional 1,696 shares during the period. D.A. Davidson & CO. increased its holdings in John Wiley & Sons by 39.9% in the 4th quarter. D.A. Davidson & CO. now owns 61,858 shares of the company’s stock valued at $2,704,000 after buying an additional 17,630 shares during the period. Finally, Principal Financial Group Inc. increased its holdings in John Wiley & Sons by 3.8% in the 4th quarter. Principal Financial Group Inc. now owns 217,071 shares of the company’s stock valued at $9,488,000 after buying an additional 7,887 shares during the period. Institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Trading Down 1.1 %

Shares of John Wiley & Sons stock opened at $39.46 on Friday. The company’s fifty day moving average price is $42.50 and its two-hundred day moving average price is $46.31. 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, Inc. has a 52-week low of $32.80 and a 52-week high of $53.96. The firm has a market capitalization of $2.13 billion, a PE ratio of -43.36 and a beta of 0.86.

John Wiley & Sons (NYSE:WLY) last posted its earnings results on Thursday, December 5th. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.09. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The business had revenue of $426.60 million for the quarter, compared to analyst estimates of $420.00 million. The company’s revenue was down 13.4% on a year-over-year basis. On average, analysts expect that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Increases Dividend

The company 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 a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $1.41 annualized dividend and a dividend yield of 3.57%. John Wiley & Sons’s dividend payout ratio is presently -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.