Amundi Boosts Stock Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Amundi raised its holdings in shares of John Wiley & Sons, Inc. (NYSE:WLY) by 191.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,121 shares of the company’s stock after buying an additional 13,863 shares during the period. Amundi’s holdings in John Wiley & Sons were worth $904,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Blue Trust Inc. boosted its holdings in shares of John Wiley & Sons by 114.6% during the fourth quarter. Blue Trust Inc. now owns 749 shares of the company’s stock worth $36,000 after purchasing an additional 400 shares during the period. Nisa Investment Advisors LLC boosted its holdings in shares of John Wiley & Sons by 2,578.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company’s stock worth $151,000 after purchasing an additional 3,300 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of John Wiley & Sons by 21.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company’s stock worth $151,000 after purchasing an additional 603 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of John Wiley & Sons by 10.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company’s stock worth $161,000 after purchasing an additional 350 shares during the period. Finally, Berry Wealth Group LP raised its stake in John Wiley & Sons by 5.4% in the fourth quarter. Berry Wealth Group LP now owns 4,991 shares of the company’s stock worth $218,000 after buying an additional 255 shares in 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 $44.63 on Thursday. John Wiley & Sons, Inc. has a 1 year low of $34.85 and a 1 year high of $53.96. The company has a market cap of $2.40 billion, a P/E ratio of -49.04 and a beta of 0.82. The firm has a 50-day moving average of $41.85 and a 200 day moving average of $45.85. 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 released its quarterly earnings results on Thursday, March 6th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $401.10 million. On average, sell-side analysts forecast 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.