John Wiley & Sons (NYSE:WLYB) Sees Strong Trading Volume

John Wiley & Sons, Inc. (NYSE:WLYB) saw unusually-strong trading volume on Thursday . Approximately 401 shares were traded during trading, a decline of 47% from the previous session’s volume of 759 shares.The stock last traded at $36.54 and had previously closed at $36.01.

John Wiley & Sons Price Performance

The business has a 50-day moving average of $36.10 and a 200-day moving average of $33.40. The company has a current ratio of 0.54, a quick ratio of 0.50 and a debt-to-equity ratio of 1.20.

John Wiley & Sons (NYSE:WLYB) last announced its quarterly earnings results on Thursday, March 7th. The company reported $0.59 earnings per share for the quarter. The business had revenue of $460.71 million during the quarter. John Wiley & Sons had a negative net margin of 8.14% and a positive return on equity of 18.83%.

John Wiley & Sons Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 25th. Stockholders of record on Tuesday, April 9th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Monday, April 8th. This represents a $1.40 annualized dividend and a dividend yield of 3.75%. John Wiley & Sons’s dividend payout ratio is currently -48.61%.

Institutional Investors Weigh In On John Wiley & Sons

Institutional investors and hedge funds have recently modified their holdings of the company. Tower Research Capital LLC TRC acquired a new position in John Wiley & Sons in the 3rd quarter valued at about $31,000. CSS LLC IL acquired a new position in shares of John Wiley & Sons in the fourth quarter valued at approximately $202,000. Vanguard Group Inc. acquired a new position in shares of John Wiley & Sons in the third quarter valued at approximately $240,000. UBS Group AG purchased a new stake in John Wiley & Sons during the 3rd quarter worth approximately $355,000. Finally, Neuberger Berman Group LLC acquired a new stake in John Wiley & Sons during the 3rd quarter worth approximately $384,000. Hedge funds and other institutional investors own 0.49% of the company’s stock.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.