John Wiley & Sons (NYSE:WLYB) Given Hold (C) Rating at Weiss Ratings

Weiss Ratings reiterated their hold (c) rating on shares of John Wiley & Sons (NYSE:WLYB) in a research report released on Tuesday,Weiss Ratings reports.

John Wiley & Sons Trading Up 1.7%

Shares of NYSE:WLYB opened at $37.17 on Tuesday. The stock has a 50 day moving average of $39.91 and a 200 day moving average of $41.31. The company has a market cap of $1.98 billion, a PE ratio of 20.88 and a beta of 0.81. The company has a current ratio of 0.65, a quick ratio of 0.61 and a debt-to-equity ratio of 1.12. John Wiley & Sons has a 12-month low of $36.20 and a 12-month high of $52.90.

John Wiley & Sons (NYSE:WLYB) last announced its quarterly earnings data on Tuesday, February 28th. The company reported $1.29 earnings per share (EPS) for the quarter. The company had revenue of $533.00 million during the quarter. John Wiley & Sons had a return on equity of 27.31% and a net margin of 5.82%.

John Wiley & Sons Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Tuesday, October 7th will be issued a $0.355 dividend. The ex-dividend date of this dividend is Tuesday, October 7th. This represents a $1.42 dividend on an annualized basis and a yield of 3.8%. John Wiley & Sons’s payout ratio is currently 79.78%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in John Wiley & Sons stock. Gabelli Funds LLC purchased a new position in John Wiley & Sons, Inc. (NYSE:WLYB) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 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.

About John Wiley & Sons

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.