Twinbeech Capital LP Invests $255,000 in John Wiley & Sons, Inc. (NYSE:WLY)

Twinbeech Capital LP acquired a new position in John Wiley & Sons, Inc. (NYSE:WLY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,836 shares of the company’s stock, valued at approximately $255,000.

Other institutional investors have also made changes to their positions in the company. KLP Kapitalforvaltning AS bought a new stake in shares of John Wiley & Sons in the fourth quarter worth $361,000. Oppenheimer & Co. Inc. raised its position in John Wiley & Sons by 9.6% during the fourth quarter. Oppenheimer & Co. Inc. now owns 6,487 shares of the company’s stock worth $284,000 after acquiring an additional 567 shares in the last quarter. Vanguard Group Inc. raised its position in John Wiley & Sons by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 5,318,812 shares of the company’s stock worth $232,485,000 after acquiring an additional 21,748 shares in the last quarter. Nisa Investment Advisors LLC raised its position in 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 worth $151,000 after acquiring an additional 3,300 shares in the last quarter. Finally, Northern Trust Corp raised its position in John Wiley & Sons by 10.9% during the fourth quarter. Northern Trust Corp now owns 440,272 shares of the company’s stock worth $19,244,000 after acquiring an additional 43,275 shares in the last quarter. Institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Stock Performance

NYSE WLY opened at $40.76 on Friday. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26. The firm’s fifty day moving average price is $43.32 and its two-hundred day moving average price is $44.25. John Wiley & Sons, Inc. has a 1 year low of $34.85 and a 1 year high of $53.96. The firm has a market capitalization of $2.19 billion, a P/E ratio of -44.79 and a beta of 0.95.

John Wiley & Sons (NYSE:WLY) last posted its quarterly earnings results on Thursday, March 6th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.39. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The firm had revenue of $404.63 million for the quarter, compared to analyst estimates of $401.10 million. As a group, research analysts anticipate that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Announces Dividend

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

About John Wiley & Sons

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.