William Blair Investment Management LLC Boosts Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

William Blair Investment Management LLC increased its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 2.5% in the 4th quarter, Holdings Channel reports. The fund 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’s holdings in John Wiley & Sons were worth $46,028,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. State Street Corp increased its stake in shares of John Wiley & Sons by 7.2% in the 3rd quarter. State Street Corp now owns 1,688,156 shares of the company’s stock worth $81,454,000 after acquiring an additional 113,631 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of John Wiley & Sons in the 4th quarter worth about $34,916,000. Charles Schwab Investment Management Inc. increased its stake in shares of John Wiley & Sons by 1.0% in 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 in the last quarter. JPMorgan Chase & Co. increased its stake 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 in the last quarter. Finally, Eagle Asset Management Inc. increased its stake 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 in the last quarter. 73.94% of the stock is currently owned by institutional investors.

John Wiley & Sons Stock Up 0.8 %

Shares of John Wiley & Sons stock opened at $44.48 on Tuesday. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. The company has a 50-day moving average of $41.76 and a 200 day moving average of $45.88. The firm has a market cap of $2.40 billion, a price-to-earnings ratio of -48.87 and a beta of 0.82. John Wiley & Sons, Inc. has a 1 year low of $34.85 and a 1 year high of $53.96.

John Wiley & Sons (NYSE:WLY) last released its quarterly earnings data on Thursday, March 6th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.39. The business had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. As a group, sell-side analysts anticipate that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal 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.