TradeLink Capital LLC Makes New Investment in John Wiley & Sons, Inc. (NYSE:WLY)

TradeLink Capital LLC bought a new position in John Wiley & Sons, Inc. (NYSE:WLY) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 13,627 shares of the company’s stock, valued at approximately $596,000. John Wiley & Sons comprises 5.9% of TradeLink Capital LLC’s holdings, making the stock its 5th biggest position.

Other large investors have also bought and sold shares of the company. Blue Trust Inc. increased its position in John Wiley & Sons by 114.6% in the fourth quarter. Blue Trust Inc. now owns 749 shares of the company’s stock worth $36,000 after buying an additional 400 shares during the last quarter. Harbor Capital Advisors Inc. purchased a new position in shares of John Wiley & Sons in the third quarter valued at $57,000. Nisa Investment Advisors LLC grew its position in shares of John Wiley & Sons by 2,578.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company’s stock valued at $151,000 after purchasing an additional 3,300 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of John Wiley & Sons by 21.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company’s stock valued at $151,000 after purchasing an additional 603 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of John Wiley & Sons by 10.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company’s stock valued at $161,000 after purchasing an additional 350 shares in the last quarter. 73.94% of the stock is owned by hedge funds and other institutional investors.

John Wiley & Sons Price Performance

Shares of NYSE WLY opened at $46.14 on Friday. The stock has a market cap of $2.49 billion, a PE ratio of -50.71 and a beta of 0.82. John Wiley & Sons, Inc. has a fifty-two week low of $34.85 and a fifty-two week high of $53.96. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. The stock has a fifty day moving average of $41.56 and a 200-day moving average of $45.97.

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

John Wiley & Sons Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were given a $0.3525 dividend. The ex-dividend date was Thursday, December 26th. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a dividend yield of 3.06%. John Wiley & Sons’s payout ratio is -154.95%.

John Wiley & Sons 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.