John Wiley & Sons (NYSE:WLYB) Sees Large Volume Increase – What’s Next?

John Wiley & Sons, Inc. (NYSE:WLYB) shares saw an uptick in trading volume on Tuesday . 5,374 shares were traded during mid-day trading, an increase of 154% from the previous session’s volume of 2,112 shares.The stock last traded at $31.4440 and had previously closed at $34.75.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of John Wiley & Sons in a research report on Monday, December 15th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, John Wiley & Sons currently has a consensus rating of “Hold”.

John Wiley & Sons Price Performance

The company has a market cap of $1.68 billion, a price-to-earnings ratio of 17.03 and a beta of 0.79. The company’s 50-day simple moving average is $35.33 and its 200-day simple moving average is $38.76. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.71 and a quick ratio of 0.67.

John Wiley & Sons (NYSE:WLYB) last posted its earnings results on Thursday, December 4th. The company reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.32. The business had revenue of $421.75 million for the quarter, compared to analysts’ expectations 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 company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th will be given a $0.355 dividend. This represents a $1.42 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Tuesday, December 30th. John Wiley & Sons’s dividend payout ratio is presently 75.53%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in John Wiley & Sons stock. Gabelli Funds LLC acquired a new position in shares of John Wiley & Sons, Inc. (NYSE:WLYB) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,500 shares of the company’s stock, valued at approximately $201,000. 0.49% of the stock is owned by institutional investors and hedge funds.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc is a global publishing and knowledge services company headquartered in Hoboken, New Jersey. Founded in 1807, Wiley has established itself as a leading provider of scholarly, educational and professional content across scientific, technical, medical and academic disciplines. The company leverages both print and digital platforms to deliver peer-reviewed journals, books, reference works and online resources to researchers, educators, students and professionals around the world.

Wiley’s operations are organized into key segments, including Research Publishing, which publishes over 1,600 peer-reviewed journals and a broad suite of digital books; Academic and Professional Learning, which offers course materials, interactive digital platforms and certification programs; and Education Solutions, providing custom learning environments, online degree programs and professional development services.