Dimensional Fund Advisors LP grew its position in shares of John Wiley & Sons, Inc. (NYSE:WLY – Free Report) by 14.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,829,676 shares of the company’s stock after acquiring an additional 228,864 shares during the quarter. Dimensional Fund Advisors LP owned about 3.57% of John Wiley & Sons worth $69,711,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the company. LSV Asset Management grew its position in John Wiley & Sons by 28.3% in the 4th quarter. LSV Asset Management now owns 127,700 shares of the company’s stock worth $3,911,000 after purchasing an additional 28,200 shares in the last quarter. Thompson Siegel & Walmsley LLC boosted its stake in shares of John Wiley & Sons by 139.7% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 235,461 shares of the company’s stock worth $7,212,000 after buying an additional 137,247 shares during the last quarter. Brickwood Asset Management LLP bought a new position in shares of John Wiley & Sons in the fourth quarter valued at approximately $724,000. Clarkston Capital Partners LLC increased its position in shares of John Wiley & Sons by 18.6% during the fourth quarter. Clarkston Capital Partners LLC now owns 2,617,945 shares of the company’s stock valued at $80,188,000 after acquiring an additional 410,121 shares during the last quarter. Finally, Hillsdale Investment Management Inc. lifted its holdings in John Wiley & Sons by 110.7% during the first quarter. Hillsdale Investment Management Inc. now owns 76,150 shares of the company’s stock worth $2,901,000 after acquiring an additional 40,000 shares during the period. 73.94% of the stock is currently owned by hedge funds and other institutional investors.
John Wiley & Sons Price Performance
Shares of NYSE WLY opened at $52.18 on Friday. The stock has a fifty day simple moving average of $47.56 and a two-hundred day simple moving average of $39.76. John Wiley & Sons, Inc. has a 1-year low of $28.38 and a 1-year high of $57.45. The firm has a market cap of $2.65 billion, a price-to-earnings ratio of 12.34 and a beta of 0.78. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 0.79.
John Wiley & Sons Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 23rd. Investors of record on Tuesday, July 7th were paid a $0.3575 dividend. The ex-dividend date was Tuesday, July 7th. This represents a $1.43 dividend on an annualized basis and a yield of 2.7%. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s dividend payout ratio (DPR) is presently 33.81%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on WLY shares. Zacks Research cut John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 15th. Weiss Ratings upgraded shares of John Wiley & Sons from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, July 7th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Report on John Wiley & Sons
About John Wiley & Sons
John Wiley & Sons, Inc is a global publishing and educational services company founded in 1807 and headquartered in Hoboken, New Jersey. The company operates through two primary segments: Research & Publishing and Education. Through these segments, Wiley produces a wide range of scholarly journals, books, reference works and digital products for academic, scientific, technical and medical markets, as well as professional development and higher education learning resources.
In its Research & Publishing segment, Wiley publishes thousands of peer-reviewed journals and maintains the Wiley Online Library, a leading platform for scientific and scholarly content.
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