Victory Capital Management Inc. Grows Stake in John Wiley & Sons, Inc. (NYSE:WLY)

Victory Capital Management Inc. grew its position in John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 261.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 129,423 shares of the company's stock after buying an additional 93,661 shares during the quarter. Victory Capital Management Inc. owned 0.24% of John Wiley & Sons worth $5,657,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of WLY. State Street Corp grew its position in John Wiley & Sons by 7.2% in the 3rd quarter. State Street Corp now owns 1,688,156 shares of the company's stock valued at $81,454,000 after acquiring an additional 113,631 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of John Wiley & Sons by 1.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 691,828 shares of the company's stock valued at $30,240,000 after purchasing an additional 6,776 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of John Wiley & Sons by 29.3% in the third quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company's stock valued at $30,925,000 after purchasing an additional 145,270 shares in the last quarter. Eagle Asset Management Inc. increased its stake 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 worth $21,273,000 after buying an additional 116,772 shares during the period. Finally, New York State Common Retirement Fund lifted its holdings in John Wiley & Sons by 7.4% during the 4th quarter. New York State Common Retirement Fund now owns 297,820 shares of the company's stock worth $13,018,000 after buying an additional 20,644 shares in the last quarter. Hedge funds and other institutional investors own 73.94% of the company's stock.

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John Wiley & Sons Stock Down 0.2 %

WLY stock traded down $0.09 during midday trading on Wednesday, hitting $44.61. The company's stock had a trading volume of 241,845 shares, compared to its average volume of 429,387. John Wiley & Sons, Inc. has a 52-week low of $34.85 and a 52-week high of $53.96. The firm has a 50-day simple moving average of $41.81 and a 200-day simple moving average of $45.85. 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 capitalization of $2.40 billion, a P/E ratio of -48.98 and a beta of 0.82.

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 (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.39. The firm had revenue of $404.63 million during the quarter, compared to analyst estimates 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, equities analysts forecast that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons 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.