Brickwood Asset Management LLP Acquires Shares of 23,621 John Wiley & Sons, Inc. $WLY

Brickwood Asset Management LLP acquired a new stake in shares of John Wiley & Sons, Inc. (NYSE:WLY) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 23,621 shares of the company’s stock, valued at approximately $724,000. John Wiley & Sons makes up 0.5% of Brickwood Asset Management LLP’s investment portfolio, making the stock its 6th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC increased its stake in John Wiley & Sons by 519.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock valued at $25,000 after purchasing an additional 473 shares in the last quarter. Allworth Financial LP increased its stake in John Wiley & Sons by 1,595.7% during the 3rd quarter. Allworth Financial LP now owns 780 shares of the company’s stock valued at $32,000 after purchasing an additional 734 shares in the last quarter. Hantz Financial Services Inc. increased its stake in John Wiley & Sons by 2,378.6% during the 4th quarter. Hantz Financial Services Inc. now owns 1,388 shares of the company’s stock valued at $43,000 after purchasing an additional 1,332 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of John Wiley & Sons by 39.8% in the fourth quarter. GAMMA Investing LLC now owns 1,684 shares of the company’s stock worth $52,000 after acquiring an additional 479 shares during the period. Finally, Acadian Asset Management LLC bought a new stake in shares of John Wiley & Sons in the first quarter worth approximately $65,000. 73.94% of the stock is currently owned by institutional investors.

John Wiley & Sons Stock Performance

Shares of NYSE WLY opened at $41.71 on Friday. The firm has a 50 day moving average of $39.90 and a 200 day moving average of $34.95. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $2.14 billion, a price-to-earnings ratio of 14.53 and a beta of 0.80. John Wiley & Sons, Inc. has a 12-month low of $28.38 and a 12-month high of $45.64.

John Wiley & Sons (NYSE:WLY) last announced its earnings results on Friday, March 6th. The company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.11. The company had revenue of $410.04 million during the quarter, compared to analyst estimates of $391.00 million. John Wiley & Sons had a net margin of 9.24% and a return on equity of 28.38%. The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.84 earnings per share. On average, research analysts anticipate that John Wiley & Sons, Inc. will post 4.2 earnings per share for the current year.

John Wiley & Sons Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Tuesday, April 7th were issued a dividend of $0.355 per share. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $1.42 annualized dividend and a yield of 3.4%. John Wiley & Sons’s payout ratio is currently 49.48%.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 15th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

John Wiley & Sons Profile

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.