Bank of New York Mellon Corp Has $436,000 Holdings in Pearson plc (NYSE:PSO)

Bank of New York Mellon Corp lifted its stake in shares of Pearson plc (NYSE:PSOFree Report) by 17.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 41,345 shares of the company’s stock after buying an additional 6,025 shares during the period. Bank of New York Mellon Corp’s holdings in Pearson were worth $436,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Ballentine Partners LLC lifted its position in shares of Pearson by 6.5% during the 3rd quarter. Ballentine Partners LLC now owns 17,745 shares of the company’s stock worth $187,000 after buying an additional 1,086 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Pearson by 2.4% during the 1st quarter. American Century Companies Inc. now owns 49,290 shares of the company’s stock worth $501,000 after buying an additional 1,145 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Pearson by 11.0% during the 1st quarter. JPMorgan Chase & Co. now owns 11,590 shares of the company’s stock worth $116,000 after buying an additional 1,153 shares in the last quarter. Janiczek Wealth Management LLC lifted its position in shares of Pearson by 10.1% during the 3rd quarter. Janiczek Wealth Management LLC now owns 13,013 shares of the company’s stock worth $137,000 after buying an additional 1,198 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of Pearson by 88.3% during the 2nd quarter. Captrust Financial Advisors now owns 3,064 shares of the company’s stock worth $28,000 after buying an additional 1,437 shares in the last quarter. 2.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on PSO. BNP Paribas lowered shares of Pearson from an “outperform” rating to a “neutral” rating in a research note on Tuesday, November 28th. Deutsche Bank Aktiengesellschaft lowered shares of Pearson from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, StockNews.com upgraded shares of Pearson from a “hold” rating to a “buy” rating in a research note on Wednesday, December 6th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Pearson has a consensus rating of “Moderate Buy” and an average target price of $1,056.67.

Get Our Latest Research Report on Pearson

Pearson Trading Down 0.1 %

Shares of Pearson stock opened at $12.00 on Tuesday. The company’s 50 day moving average is $12.17 and its 200 day moving average is $11.44. Pearson plc has a twelve month low of $9.28 and a twelve month high of $12.51. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.07 and a current ratio of 2.16.

Pearson 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.

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Institutional Ownership by Quarter for Pearson (NYSE:PSO)

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