William Blair Investment Management LLC Increases Stock Position in John Wiley & Sons, Inc. (NYSE:WLY)

William Blair Investment Management LLC lifted its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 2.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,053,035 shares of the company’s stock after buying an additional 25,667 shares during the quarter. William Blair Investment Management LLC owned about 1.95% of John Wiley & Sons worth $46,028,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Berry Wealth Group LP increased its holdings in shares of John Wiley & Sons by 5.4% in the 4th quarter. Berry Wealth Group LP now owns 4,991 shares of the company’s stock worth $218,000 after buying an additional 255 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of John Wiley & Sons by 0.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 98,284 shares of the company’s stock worth $4,742,000 after buying an additional 342 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of John Wiley & Sons by 10.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company’s stock worth $161,000 after buying an additional 350 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of John Wiley & Sons by 114.6% during the 4th quarter. Blue Trust Inc. now owns 749 shares of the company’s stock valued at $36,000 after purchasing an additional 400 shares during the last quarter. Finally, Access Investment Management LLC grew its holdings in shares of John Wiley & Sons by 0.7% during the 4th quarter. Access Investment Management LLC now owns 67,325 shares of the company’s stock valued at $2,943,000 after purchasing an additional 455 shares during the last quarter. 73.94% of the stock is currently owned by hedge funds and other institutional investors.

John Wiley & Sons Price Performance

WLY stock opened at $44.48 on Tuesday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. John Wiley & Sons, Inc. has a 52 week low of $34.85 and a 52 week high of $53.96. The firm’s fifty day moving average is $41.76 and its 200 day moving average is $45.88. The firm has a market cap of $2.40 billion, a P/E ratio of -48.87 and a beta of 0.82.

John Wiley & Sons (NYSE:WLY) last released its 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 company had revenue of $404.63 million for the quarter, compared to analyst estimates of $401.10 million. Research analysts predict that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current 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.