Teacher Retirement System of Texas Acquires 3,961 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Teacher Retirement System of Texas raised its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 86.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 8,566 shares of the company’s stock after acquiring an additional 3,961 shares during the quarter. Teacher Retirement System of Texas’ holdings in John Wiley & Sons were worth $374,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Blue Trust Inc. increased its holdings in John Wiley & Sons by 114.6% in the 4th quarter. Blue Trust Inc. now owns 749 shares of the company’s stock worth $36,000 after buying an additional 400 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of John Wiley & Sons by 2,578.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company’s stock valued at $151,000 after acquiring an additional 3,300 shares during the last quarter. Smartleaf Asset Management LLC grew its stake 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 worth $151,000 after acquiring an additional 603 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of John Wiley & Sons by 10.4% during 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 during the last quarter. Finally, Berry Wealth Group LP lifted its position in John Wiley & Sons by 5.4% during the fourth quarter. Berry Wealth Group LP now owns 4,991 shares of the company’s stock valued at $218,000 after purchasing an additional 255 shares during the period. Hedge funds and other institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Trading Up 0.4 %

Shares of WLY stock opened at $44.59 on Tuesday. The stock has a market capitalization of $2.40 billion, a P/E ratio of -49.00 and a beta of 0.82. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26. The firm’s 50 day moving average is $42.10 and its 200 day moving average is $45.83. John Wiley & Sons, Inc. has a 12-month low of $34.85 and a 12-month high of $53.96.

John Wiley & Sons (NYSE:WLY) last issued its quarterly earnings data on Thursday, March 6th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.45 by $0.39. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. The company had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. Research analysts expect that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current year.

John Wiley & Sons Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Tuesday, April 8th will be paid a $0.3525 dividend. This represents a $1.41 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Tuesday, April 8th. John Wiley & Sons’s dividend payout ratio (DPR) is presently 190.54%.

John Wiley & Sons Company 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.