According to the most recent disclosure that Grandfield & Dodd LLC has made with the Securities and Exchange Commission on its 13F form, the company increased its stake in John Wiley & Sons, Inc. during the third quarter of the fiscal year. The investment fund purchased 335,051 shares of the company’s stock at approximately $12,580,000. Grandfield & Dodd LLC owned approximately 0.60 percent of John Wiley & Sons at the end of the most recent fiscal quarter.
Alterations have been made to the stock holdings included in the investment portfolios of many additional institutional investors and hedge funds in recent times. Cannell & Co. made a new capital investment in John Wiley & Sons during the third quarter, contributing approximately $26,563,000 to the company’s overall value. The investment firm Victory Capital Management Inc. increased its ownership stake in John Wiley & Sons by purchasing an additional 17,208,000 shares of the company’s stock during the third quarter. Raymond James & Associates increased the number of shares they own in John Wiley & Sons during the third quarter, bringing the total amount of money they have invested in the business to $13,503,000. Van ECK Associates Corp. spent $9,268,000 on shares of John Wiley & Sons during its third fiscal quarter. During the third quarter of this year, Willis Investment Counsel decided to make a new investment in John Wiley & Sons worth a total of $6,521,000. This is the final investment, but it is certainly not the least important. At present, institutional investors hold 72.99% of the company’s total shares.
The cost of one share of John Wiley & Sons rose by $1.60 during the trading session held on Friday during lunchtime, bringing the price to a brand-new high of $44.90. The total number of shares that changed hands was 236,604, significantly higher than the average daily volume of 155,061 traded at $44.90. The total number of shares traded was 236,604, significantly higher than the daily volume of 155,061 shares, which is typical for this stock. The debt-to-equity ratio, the current ratio, and the quick ratio are equal to 0.91. The respective values for these ratios are 0.76 and 0.71. John Wiley & Sons, Inc. experienced a one-year low of $36.57 and a one-year high of $56.34 in terms of stock price. The company has a price-to-earnings ratio of 25.66, which helps contribute to its market capitalization of $2.49 billion, and its beta value comes in at 0.98. Both of these metrics contribute to the market capitalization of the business. The company’s simple moving average over the past 50 days is $43.30, and the company’s simple moving average over the past 200 days is $44.47.
On December 7, John Wiley & Sons distributed its report on the company’s performance under the ticker symbol “WLY” on the New York Stock Exchange. During the period examined in this report, the company had earnings per share rate of $1.20. The total revenue that the company generated during the period in question was $514.84 million. John Wiley & Sons had a successful performance, as evidenced by their return on equity of 18.27% and their net margin of 4.79%, respectively. According to the forecasts provided by analysts specializing in the publishing industry, John Wiley & Sons, Inc. is anticipated to generate a profit of 3.7 cents per share for the current financial year.
In addition, the business had previously declared a quarterly dividend, which was paid out on the 11th of this particular month. On December 27, $0.347 dividend payments per share were made to shareholders recognized in the company’s books as owning the business. According to an annual computation, this equates to a dividend payment of $1.39 and a yield of 3.09%. On Friday, December 23, shareholders who wanted to receive this dividend were required to make their payment to do so. Now, 79.43% of John Wiley & Sons’ revenue is distributed to shareholders.
The Street raised John Wiley & Sons from their previous rating of “c” to a “b-” in a separate evaluation published on Wednesday, December 7. This grade represents an improvement from their previous grade of “C.”
Aref Matin, the Executive Vice President and Chief Financial Officer of the company, sold 11,450 shares of company stock on January 12. The total number of sold shares generated a revenue of $498,189.50, which results in a price per share of $43.51 on average for those purchased shares. The transaction resulted in the executive vice president acquiring 8,166 shares of the company’s stock, making him the direct owner of those shares. At the price they are trading today, these shares are worth a total of $355,302.66. This page contains the filing containing the information about the transaction provided to the Securities and Exchange Commission (SEC). You can access the filing by clicking here. People hold a total of 0.62% of shares with inside knowledge of the company.