Magnetar Financial LLC Purchases Shares of 16,177 John Wiley & Sons, Inc. (NYSE:WLY)

Magnetar Financial LLC purchased a new stake in shares of John Wiley & Sons, Inc. (NYSE:WLY) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 16,177 shares of the company’s stock, valued at approximately $707,000.

Other large investors have also made changes to their positions in the company. Blue Trust Inc. grew its stake 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 period. Nisa Investment Advisors LLC grew its stake in shares of John Wiley & Sons by 2,578.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company’s stock valued at $151,000 after purchasing an additional 3,300 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of John Wiley & Sons by 21.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company’s stock valued at $151,000 after purchasing an additional 603 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of John Wiley & Sons by 10.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company’s stock valued at $161,000 after purchasing an additional 350 shares during the period. Finally, Berry Wealth Group LP grew its stake in shares of John Wiley & Sons by 5.4% during the 4th quarter. Berry Wealth Group LP now owns 4,991 shares of the company’s stock valued at $218,000 after purchasing an additional 255 shares during the period. 73.94% of the stock is currently owned by institutional investors.

John Wiley & Sons Trading Down 0.2 %

John Wiley & Sons stock opened at $44.41 on Friday. John Wiley & Sons, Inc. has a 52-week low of $34.85 and a 52-week high of $53.96. 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 company has a market cap of $2.39 billion, a P/E ratio of -48.80 and a beta of 0.82. The business has a 50-day simple moving average of $41.93 and a two-hundred day simple moving average of $45.81.

John Wiley & Sons (NYSE:WLY) last posted 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. 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. Analysts predict 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.