Raymond James Financial Inc. Buys Shares of 798,803 John Wiley & Sons, Inc. (NYSE:WLY)

Raymond James Financial Inc. bought a new stake in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 798,803 shares of the company's stock, valued at approximately $34,916,000. Raymond James Financial Inc. owned about 1.48% of John Wiley & Sons at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of John Wiley & Sons by 29.3% in 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 shares of John Wiley & Sons by 40.1% in the 3rd 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. State Street Corp increased its stake 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 worth $81,454,000 after buying an additional 113,631 shares during the period. Victory Capital Management Inc. increased its stake in John Wiley & Sons by 261.9% during the 4th quarter. Victory Capital Management Inc. now owns 129,423 shares of the company's stock worth $5,657,000 after buying an additional 93,661 shares during the period. Finally, D.A. Davidson & CO. purchased a new stake in John Wiley & Sons during the 3rd quarter worth approximately $2,134,000. 73.94% of the stock is currently owned by institutional investors and hedge funds.

John Wiley & Sons Trading Down 0.7 %

Shares of NYSE:WLY opened at $43.75 on Friday. John Wiley & Sons, Inc. has a 52 week low of $34.85 and a 52 week high of $53.96. The company's 50 day moving average is $41.69 and its two-hundred day moving average is $45.94. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26. The company has a market cap of $2.36 billion, a PE ratio of -48.08 and a beta of 0.82.

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

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