Fox Run Management L.L.C. Makes New Investment in John Wiley & Sons, Inc. (NYSE:WLY)

Fox Run Management L.L.C. bought a new stake in shares of John Wiley & Sons, Inc. (NYSE:WLY) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 15,077 shares of the company’s stock, valued at approximately $659,000.

Other hedge funds also recently modified their holdings of the company. Blue Trust Inc. lifted its holdings in John Wiley & Sons by 114.6% in the fourth quarter. Blue Trust Inc. now owns 749 shares of the company’s stock valued at $36,000 after buying an additional 400 shares during the period. Nisa Investment Advisors LLC lifted its stake in shares of John Wiley & Sons by 2,578.1% in 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 boosted its position in shares of John Wiley & Sons by 21.1% in the 4th 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 last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake 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 increased its holdings 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 valued at $218,000 after purchasing an additional 255 shares during the last quarter. Institutional investors own 73.94% of the company’s stock.

John Wiley & Sons Price Performance

Shares of WLY opened at $45.14 on Tuesday. The stock has a market cap of $2.43 billion, a P/E ratio of -49.60 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. The stock’s 50-day moving average price is $41.99 and its two-hundred day moving average price is $45.79. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26.

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, topping the consensus estimate 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 business had revenue of $404.63 million for the quarter, compared to analyst estimates of $401.10 million. On average, equities analysts predict that John Wiley & Sons, Inc. will post 3.42 earnings per share 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.