John Wiley & Sons (NYSE:WLYB) Sees Strong Trading Volume – Should You Buy?

John Wiley & Sons, Inc. (NYSE:WLYB) saw unusually-high trading volume on Tuesday . Approximately 5,374 shares were traded during trading, an increase of 154% from the previous session’s volume of 2,112 shares.The stock last traded at $31.4440 and had previously closed at $34.75.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of John Wiley & Sons in a research note on Monday, December 15th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

John Wiley & Sons Trading Down 7.9%

The company has a debt-to-equity ratio of 1.16, a current ratio of 0.71 and a quick ratio of 0.67. The business’s fifty day simple moving average is $35.33 and its 200 day simple moving average is $38.76. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 17.03 and a beta of 0.79.

John Wiley & Sons (NYSE:WLYB) last issued its earnings results on Thursday, December 4th. The company reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.32. John Wiley & Sons had a net margin of 6.11% and a return on equity of 28.23%. The company had revenue of $421.75 million for the quarter, compared to analysts’ expectations of $416.40 million.

John Wiley & Sons Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th will be issued a $0.355 dividend. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a $1.42 dividend on an annualized basis and a yield of 4.4%. John Wiley & Sons’s dividend payout ratio (DPR) is currently 75.53%.

Institutional Trading of John Wiley & Sons

An institutional investor recently bought a new position in John Wiley & Sons stock. Gabelli Funds LLC acquired a new stake in shares of John Wiley & Sons, Inc. (NYSE:WLYB) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,500 shares of the company’s stock, valued at approximately $201,000. Institutional investors and hedge funds own 0.49% of the company’s stock.

About John Wiley & Sons

John Wiley & Sons, Inc is a global publishing and knowledge services company headquartered in Hoboken, New Jersey. Founded in 1807, Wiley has established itself as a leading provider of scholarly, educational and professional content across scientific, technical, medical and academic disciplines. The company leverages both print and digital platforms to deliver peer-reviewed journals, books, reference works and online resources to researchers, educators, students and professionals around the world.

Wiley’s operations are organized into key segments, including Research Publishing, which publishes over 1,600 peer-reviewed journals and a broad suite of digital books; Academic and Professional Learning, which offers course materials, interactive digital platforms and certification programs; and Education Solutions, providing custom learning environments, online degree programs and professional development services.