Sequoia Financial Advisors LLC Makes New $140,000 Investment in Pearson plc (NYSE:PSO)

Sequoia Financial Advisors LLC acquired a new stake in Pearson plc (NYSE:PSOFree Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,315 shares of the company’s stock, valued at approximately $140,000.

Several other institutional investors and hedge funds have also made changes to their positions in PSO. Janiczek Wealth Management LLC increased its stake in Pearson by 10.1% in the third quarter. Janiczek Wealth Management LLC now owns 13,013 shares of the company’s stock valued at $137,000 after purchasing an additional 1,198 shares during the last quarter. Quantinno Capital Management LP boosted its position in shares of Pearson by 83.5% in the second quarter. Quantinno Capital Management LP now owns 35,314 shares of the company’s stock worth $370,000 after buying an additional 16,070 shares during the period. Optiver Holding B.V. boosted its position in shares of Pearson by 208.4% in the second quarter. Optiver Holding B.V. now owns 969,783 shares of the company’s stock worth $10,128,000 after buying an additional 655,317 shares during the period. Principal Street Partners LLC boosted its position in shares of Pearson by 25.2% in the second quarter. Principal Street Partners LLC now owns 14,715 shares of the company’s stock worth $154,000 after buying an additional 2,958 shares during the period. Finally, Ballentine Partners LLC boosted its position in shares of Pearson by 6.5% in the third quarter. Ballentine Partners LLC now owns 17,745 shares of the company’s stock worth $187,000 after buying an additional 1,086 shares during the period. 2.21% of the stock is currently owned by hedge funds and other institutional investors.

Pearson Stock Up 1.5 %

Shares of Pearson stock opened at $12.01 on Monday. The company has a current ratio of 2.16, a quick ratio of 2.07 and a debt-to-equity ratio of 0.31. The business’s 50 day simple moving average is $12.17 and its 200-day simple moving average is $11.44. Pearson plc has a twelve month low of $9.28 and a twelve month high of $12.51.

Analyst Ratings Changes

PSO has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft downgraded Pearson from a “buy” rating to a “hold” rating in a report on Friday, December 1st. StockNews.com raised Pearson from a “hold” rating to a “buy” rating in a report on Wednesday, December 6th. Finally, BNP Paribas downgraded Pearson from an “outperform” rating to a “neutral” rating in a report on Tuesday, November 28th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,056.67.

Read Our Latest Report on PSO

Pearson Company Profile

(Free Report)

Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Higher Education, and Workforce Skills.

Further Reading

Institutional Ownership by Quarter for Pearson (NYSE:PSO)

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