GAMMA Investing LLC Acquires 2,186 Shares of Pearson plc (NYSE:PSO)

GAMMA Investing LLC raised its stake in shares of Pearson plc (NYSE:PSO) by 78.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,968 shares of the company’s stock after buying an additional 2,186 shares during the period. GAMMA Investing LLC’s holdings in Pearson were worth $67,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in PSO. Syon Capital LLC acquired a new stake in Pearson in the 4th quarter worth approximately $288,000. Goldman Sachs Group Inc. boosted its holdings in shares of Pearson by 6.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,239,694 shares of the company’s stock worth $27,526,000 after buying an additional 142,801 shares during the period. Alaska Permanent Fund Corp acquired a new position in Pearson in the 1st quarter valued at $312,000. Ballentine Partners LLC raised its holdings in Pearson by 18.8% in the 1st quarter. Ballentine Partners LLC now owns 24,465 shares of the company’s stock worth $322,000 after acquiring an additional 3,871 shares during the period. Finally, Janiczek Wealth Management LLC lifted its position in Pearson by 23.9% during the 1st quarter. Janiczek Wealth Management LLC now owns 16,903 shares of the company’s stock worth $222,000 after acquiring an additional 3,265 shares during the last quarter. Institutional investors own 2.14% of the company’s stock.

Wall Street Analyst Weigh In

PSO has been the topic of a number of recent analyst reports. StockNews.com upgraded Pearson from a “hold” rating to a “buy” rating in a research note on Tuesday, July 30th. Citigroup raised Pearson to a “strong-buy” rating in a research report on Tuesday, July 30th.

Pearson Stock Down 0.2 %

NYSE PSO opened at $13.40 on Wednesday. The company’s fifty day moving average is $13.59 and its two-hundred day moving average is $12.91. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.72 and a current ratio of 1.78. Pearson plc has a 52-week low of $10.84 and a 52-week high of $14.20.

Pearson Cuts Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Thursday, September 19th. Shareholders of record on Friday, August 9th were issued a $0.095 dividend. The ex-dividend date of this dividend was Friday, August 9th. This represents a yield of 2.2%.

Pearson Company Profile

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, Workforce Skills, and Higher Education.