Victory Capital Management Inc. Purchases 93,661 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Victory Capital Management Inc. boosted its position in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 261.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 129,423 shares of the company’s stock after buying an additional 93,661 shares during the period. Victory Capital Management Inc. owned approximately 0.24% of John Wiley & Sons worth $5,657,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of WLY. State Street Corp grew its holdings in shares of John Wiley & Sons by 7.2% during the third quarter. State Street Corp now owns 1,688,156 shares of the company’s stock worth $81,454,000 after purchasing an additional 113,631 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in John Wiley & Sons by 1.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 691,828 shares of the company’s stock worth $30,240,000 after acquiring an additional 6,776 shares during the last quarter. JPMorgan Chase & Co. increased its position in John Wiley & Sons by 29.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company’s stock valued at $30,925,000 after acquiring an additional 145,270 shares during the period. Eagle Asset Management Inc. raised its stake in shares of John Wiley & Sons by 40.1% during the third 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 during the last quarter. Finally, New York State Common Retirement Fund lifted its holdings in shares of John Wiley & Sons by 7.4% during the fourth quarter. New York State Common Retirement Fund now owns 297,820 shares of the company’s stock worth $13,018,000 after purchasing an additional 20,644 shares during the period. 73.94% of the stock is owned by institutional investors and hedge funds.

John Wiley & Sons Price Performance

John Wiley & Sons stock opened at $44.04 on Friday. John Wiley & Sons, Inc. has a one year low of $34.85 and a one year high of $53.96. The stock’s 50 day moving average is $41.72 and its 200 day moving average is $45.91. The firm has a market cap of $2.37 billion, a P/E ratio of -48.39 and a beta of 0.82. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61.

John Wiley & Sons (NYSE:WLY) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.39. The firm had revenue of $404.63 million for 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, research analysts expect 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.