Quantinno Capital Management LP Grows Position in John Wiley & Sons, Inc. $WLY

Quantinno Capital Management LP grew its position in John Wiley & Sons, Inc. (NYSE:WLY) by 297.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 38,360 shares of the company’s stock after acquiring an additional 28,716 shares during the quarter. Quantinno Capital Management LP’s holdings in John Wiley & Sons were worth $1,462,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Royal Bank of Canada raised its holdings in John Wiley & Sons by 13.5% in the first quarter. Royal Bank of Canada now owns 24,305 shares of the company’s stock valued at $1,083,000 after buying an additional 2,897 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in John Wiley & Sons by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,407 shares of the company’s stock worth $1,043,000 after buying an additional 707 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of John Wiley & Sons by 6.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 122,433 shares of the company’s stock valued at $5,456,000 after acquiring an additional 6,928 shares in the last quarter. Jane Street Group LLC grew its stake in shares of John Wiley & Sons by 14,320.0% during the first quarter. Jane Street Group LLC now owns 158,620 shares of the company’s stock valued at $7,068,000 after acquiring an additional 157,520 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in shares of John Wiley & Sons during the first quarter worth about $65,000. Hedge funds and other institutional investors own 73.94% of the company’s stock.

Analyst Upgrades and Downgrades

WLY has been the subject of a number of analyst reports. Weiss Ratings raised John Wiley & Sons from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, July 7th. Zacks Research downgraded John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a report on Friday, May 15th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, John Wiley & Sons has an average rating of “Moderate Buy”.

John Wiley & Sons Stock Performance

Shares of WLY stock opened at $51.85 on Friday. The company has a market cap of $2.63 billion, a P/E ratio of 12.26 and a beta of 0.78. The business has a 50 day moving average of $49.29 and a two-hundred day moving average of $41.16. John Wiley & Sons, Inc. has a 52 week low of $28.38 and a 52 week high of $57.45. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 0.79.

John Wiley & Sons (NYSE:WLY) last announced its quarterly earnings results on Tuesday, June 16th. The company reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.02. The business had revenue of $447.94 million for the quarter, compared to analysts’ expectations of $450.00 million. John Wiley & Sons had a return on equity of 29.01% and a net margin of 13.22%.The business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.37 EPS. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. As a group, analysts anticipate that John Wiley & Sons, Inc. will post 4.8 EPS for the current year.

John Wiley & Sons Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Tuesday, July 7th were given a $0.3575 dividend. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.43 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, July 7th. John Wiley & Sons’s dividend payout ratio is 33.81%.

About John Wiley & Sons

John Wiley & Sons, Inc is a global publishing and educational services company founded in 1807 and headquartered in Hoboken, New Jersey. The company operates through two primary segments: Research & Publishing and Education. Through these segments, Wiley produces a wide range of scholarly journals, books, reference works and digital products for academic, scientific, technical and medical markets, as well as professional development and higher education learning resources.

In its Research & Publishing segment, Wiley publishes thousands of peer-reviewed journals and maintains the Wiley Online Library, a leading platform for scientific and scholarly content.