Toronto Dominion Bank Makes New Investment in John Wiley & Sons, Inc. (NYSE:WLY)

Toronto Dominion Bank bought a new position in shares of John Wiley & Sons, Inc. (NYSE:WLY) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 34,200 shares of the company’s stock, valued at approximately $1,495,000. Toronto Dominion Bank owned about 0.06% of John Wiley & Sons at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Berry Wealth Group LP raised its position 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 buying an additional 255 shares during the last quarter. Hsbc Holdings PLC raised its position in shares of John Wiley & Sons by 3.6% during the fourth quarter. Hsbc Holdings PLC now owns 7,349 shares of the company’s stock valued at $322,000 after buying an additional 257 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position 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 buying an additional 350 shares during the last quarter. Corebridge Financial Inc. raised its position in shares of John Wiley & Sons by 1.9% during the fourth quarter. Corebridge Financial Inc. now owns 21,294 shares of the company’s stock valued at $931,000 after buying an additional 394 shares during the last quarter. Finally, Blue Trust Inc. raised its position 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 buying an additional 400 shares during the last quarter. Institutional investors and hedge funds own 73.94% of the company’s stock.

John Wiley & Sons Stock Down 0.5%

Shares of WLY opened at $40.76 on Friday. The company has a 50-day simple moving average of $43.32 and a 200-day simple moving average of $44.25. The firm has a market capitalization of $2.19 billion, a P/E ratio of -44.79 and a beta of 0.95. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. John Wiley & Sons, Inc. has a 52 week low of $34.85 and a 52 week high of $53.96.

John Wiley & Sons (NYSE:WLY) last announced its quarterly earnings data on Thursday, March 6th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.39. The business had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. On average, equities research analysts expect that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Tuesday, April 8th were given a $0.3525 dividend. This represents a $1.41 annualized dividend and a yield of 3.46%. The ex-dividend date was Tuesday, April 8th. John Wiley & Sons’s dividend payout ratio (DPR) is presently 190.54%.

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.