John Wiley & Sons (NYSE:WLYB) Sets New 1-Year High at $44.58

John Wiley & Sons, Inc. (NYSE:WLYBGet Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as $44.58 and last traded at $44.58, with a volume of 579 shares changing hands. The stock had previously closed at $40.94.

John Wiley & Sons Stock Up 1.5 %

The company has a market cap of $2.46 billion, a price-to-earnings ratio of -12.33 and a beta of 0.70. The business’s 50 day simple moving average is $38.83 and its 200-day simple moving average is $36.36. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.49 and a current ratio of 0.52.

John Wiley & Sons (NYSE:WLYBGet Free Report) last announced its quarterly earnings data on Thursday, June 13th. The company reported $1.21 EPS for the quarter. The business had revenue of $468.46 million during the quarter. John Wiley & Sons had a negative net margin of 10.69% and a positive return on equity of 18.82%.

John Wiley & Sons Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 25th. Investors of record on Tuesday, July 9th will be issued a dividend of $0.352 per share. The ex-dividend date of this dividend is Tuesday, July 9th. This represents a $1.41 dividend on an annualized basis and a yield of 3.14%. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s payout ratio is currently -38.74%.

Institutional Trading of John Wiley & Sons

A hedge fund recently bought a new stake in John Wiley & Sons stock. PFG Investments LLC purchased a new position in shares of John Wiley & Sons, Inc. (NYSE:WLYBFree Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 53,477 shares of the company’s stock, valued at approximately $2,033,000. PFG Investments LLC owned approximately 0.10% of John Wiley & Sons at the end of the most recent reporting period. 0.49% of the stock is currently owned by hedge funds and other institutional investors.

About John Wiley & Sons

(Get Free Report)

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.

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