John Wiley & Sons (NYSE:WLYB) Sees Unusually-High Trading Volume – Should You Buy?

Shares of John Wiley & Sons, Inc. (NYSE:WLYB) saw unusually-strong trading volume on Thursday . Approximately 3,218 shares traded hands during mid-day trading, an increase of 223% from the previous session’s volume of 997 shares.The stock last traded at $32.6260 and had previously closed at $30.72.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of John Wiley & Sons in a report on Monday, December 1st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

John Wiley & Sons Trading Up 2.6%

The firm has a market capitalization of $1.68 billion, a PE ratio of 16.77 and a beta of 0.79. The company has a quick ratio of 0.67, a current ratio of 0.71 and a debt-to-equity ratio of 1.16. The company’s 50-day simple moving average is $36.35 and its 200 day simple moving average is $39.21.

John Wiley & Sons (NYSE:WLYB) last posted its quarterly earnings data on Thursday, December 4th. The company reported $1.10 EPS for the quarter, topping the consensus estimate of $0.78 by $0.32. The firm had revenue of $421.75 million during the quarter, compared to analyst estimates of $416.40 million. John Wiley & Sons had a net margin of 6.11% and a return on equity of 28.23%.

John Wiley & Sons Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Tuesday, October 7th were given a $0.355 dividend. The ex-dividend date of this dividend was Tuesday, October 7th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 4.5%. John Wiley & Sons’s dividend payout ratio (DPR) is presently 75.53%.

Hedge Funds Weigh In On John Wiley & Sons

A hedge fund recently bought a new stake in John Wiley & Sons stock. Gabelli Funds LLC purchased a new position in shares of John Wiley & Sons, Inc. (NYSE:WLYB) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,500 shares of the company’s stock, valued at approximately $201,000. Institutional investors and hedge funds own 0.49% of the company’s stock.

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.