Advisors Asset Management Inc. Has $4.16 Million Stake in John Wiley & Sons, Inc. (NYSE:WLY)

Advisors Asset Management Inc. lessened its stake in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 36.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 95,233 shares of the company's stock after selling 53,794 shares during the period. Advisors Asset Management Inc. owned about 0.18% of John Wiley & Sons worth $4,163,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in WLY. Raymond James Financial Inc. acquired a new position in John Wiley & Sons during the fourth quarter worth approximately $34,916,000. River Global Investors LLP bought a new position in shares of John Wiley & Sons during the 4th quarter worth approximately $7,174,000. JPMorgan Chase & Co. increased its holdings in shares of John Wiley & Sons by 29.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company's stock worth $30,925,000 after acquiring an additional 145,270 shares during the last quarter. Eagle Asset Management Inc. lifted its holdings in John Wiley & Sons by 40.1% during the 3rd quarter. Eagle Asset Management Inc. now owns 407,997 shares of the company's stock valued at $21,273,000 after purchasing an additional 116,772 shares during the last quarter. Finally, State Street Corp lifted its holdings in John Wiley & Sons by 7.2% during the 3rd quarter. State Street Corp now owns 1,688,156 shares of the company's stock valued at $81,454,000 after purchasing an additional 113,631 shares during the last quarter. Institutional investors and hedge funds own 73.94% of the company's stock.

John Wiley & Sons Stock Performance

Shares of WLY traded down $0.58 during trading hours on Tuesday, hitting $44.46. The company had a trading volume of 370,374 shares, compared to its average volume of 330,027. The business has a fifty day moving average of $41.99 and a 200-day moving average of $45.79. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of -48.86 and a beta of 0.82. John Wiley & Sons, Inc. has a 12 month low of $34.85 and a 12 month high of $53.96.

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John Wiley & Sons (NYSE:WLY - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.39. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The firm had revenue of $404.63 million for the quarter, compared to analysts' expectations of $401.10 million. Equities analysts anticipate that John Wiley & Sons, Inc. will post 3.42 EPS for the current fiscal year.

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.