Advisors Asset Management Inc. Sells 53,794 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Advisors Asset Management Inc. cut its stake in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 36.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 95,233 shares of the company’s stock after selling 53,794 shares during the quarter. Advisors Asset Management Inc.’s holdings in John Wiley & Sons were worth $4,163,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Victory Capital Management Inc. increased its position in shares of John Wiley & Sons by 113.6% during the 3rd quarter. Victory Capital Management Inc. now owns 35,762 shares of the company’s stock valued at $1,726,000 after purchasing an additional 19,017 shares during the last quarter. Eagle Asset Management Inc. boosted its stake in John Wiley & Sons by 40.1% in the third 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 in the last quarter. D.A. Davidson & CO. bought a new position in John Wiley & Sons during the third quarter valued at approximately $2,134,000. Atom Investors LP raised its stake 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 acquiring an additional 39,207 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised 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 worth $284,000 after acquiring an additional 567 shares in the last quarter. Hedge funds and other institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Price Performance

Shares of John Wiley & Sons stock opened at $44.52 on Friday. 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 company has a fifty day moving average of $41.89 and a 200-day moving average of $45.84. The stock has a market capitalization of $2.40 billion, a price-to-earnings ratio of -48.92 and a beta of 0.82.

John Wiley & Sons (NYSE:WLY) last announced its quarterly earnings data 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. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. The firm had revenue of $404.63 million for the quarter, compared to analysts’ expectations of $401.10 million. Equities research analysts expect that John Wiley & Sons, Inc. will post 3.42 EPS 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.