Magnetar Financial LLC Acquires New Shares in John Wiley & Sons, Inc. (NYSE:WLY)

Magnetar Financial LLC purchased a new stake in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 16,177 shares of the company's stock, valued at approximately $707,000.

Other institutional investors have also recently bought and sold shares of the company. Victory Capital Management Inc. increased its stake in shares of John Wiley & Sons by 113.6% in the third quarter. Victory Capital Management Inc. now owns 35,762 shares of the company's stock valued at $1,726,000 after buying an additional 19,017 shares in the last quarter. Eagle Asset Management Inc. increased its position in John Wiley & Sons by 40.1% in the 3rd quarter. Eagle Asset Management Inc. now owns 407,997 shares of the company's stock valued at $21,273,000 after acquiring an additional 116,772 shares in the last quarter. D.A. Davidson & CO. bought a new position in shares of John Wiley & Sons in the third quarter worth about $2,134,000. Atom Investors LP lifted its position in shares of John Wiley & Sons by 178.6% during the third quarter. Atom Investors LP now owns 61,159 shares of the company's stock worth $2,951,000 after purchasing an additional 39,207 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its stake in shares of John Wiley & Sons by 9.6% during the fourth quarter. Oppenheimer & Co. Inc. now owns 6,487 shares of the company's stock valued at $284,000 after purchasing an additional 567 shares during the last quarter. Institutional investors own 73.94% of the company's stock.

John Wiley & Sons Trading Up 0.8 %

WLY stock traded up $0.34 during trading on Wednesday, hitting $44.64. The company had a trading volume of 200,227 shares, compared to its average volume of 329,890. The firm has a 50-day moving average price of $42.03 and a 200-day moving average price of $45.80. John Wiley & Sons, Inc. has a 12 month low of $34.85 and a 12 month high of $53.96. 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 stock has a market cap of $2.40 billion, a price-to-earnings ratio of -49.05 and a beta of 0.82.

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

About John Wiley & Sons

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.