Edgestream Partners L.P. Has $3.80 Million Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Edgestream Partners L.P. boosted its stake in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 158.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,921 shares of the company's stock after purchasing an additional 53,233 shares during the quarter. Edgestream Partners L.P. owned about 0.16% of John Wiley & Sons worth $3,799,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Victory Capital Management Inc. boosted its holdings in shares of John Wiley & Sons by 113.6% during the 3rd quarter. Victory Capital Management Inc. now owns 35,762 shares of the company's stock worth $1,726,000 after buying an additional 19,017 shares during the period. Eagle Asset Management Inc. lifted its position in John Wiley & Sons by 40.1% during the third quarter. Eagle Asset Management Inc. now owns 407,997 shares of the company's stock worth $21,273,000 after acquiring an additional 116,772 shares during the last quarter. D.A. Davidson & CO. bought a new stake in shares of John Wiley & Sons during the third quarter worth approximately $2,134,000. Atom Investors LP grew its position in shares of John Wiley & Sons by 178.6% in the third quarter. Atom Investors LP now owns 61,159 shares of the company's stock valued at $2,951,000 after purchasing an additional 39,207 shares during the last quarter. Finally, Intech Investment Management LLC bought a new position in shares of John Wiley & Sons during the third quarter worth approximately $543,000. 73.94% of the stock is currently owned by institutional investors and hedge funds.

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John Wiley & Sons Stock Performance

WLY traded down $2.63 during trading on Wednesday, hitting $44.11. The stock had a trading volume of 525,670 shares, compared to its average volume of 326,723. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. The company has a 50 day moving average price of $41.67 and a 200-day moving average price of $45.97. John Wiley & Sons, Inc. has a one year low of $34.85 and a one year high of $53.96. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of -48.47 and a beta of 0.82.

John Wiley & Sons (NYSE:WLY - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported $0.84 EPS 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 business had revenue of $404.63 million for the quarter, compared to the consensus estimate of $401.10 million. As a group, research analysts predict that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were given a $0.3525 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.20%. This is an increase from John Wiley & Sons's previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Thursday, December 26th. John Wiley & Sons's payout ratio 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.