Natixis Advisors LLC increased its holdings in shares of Pearson plc (NYSE:PSO – Free Report) by 20.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 103,033 shares of the company’s stock after buying an additional 17,434 shares during the period. Natixis Advisors LLC’s holdings in Pearson were worth $1,398,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Bank of Montreal Can bought a new position in shares of Pearson during the second quarter valued at approximately $3,849,000. Renaissance Technologies LLC grew its stake in Pearson by 68.4% during the 2nd quarter. Renaissance Technologies LLC now owns 421,620 shares of the company’s stock worth $5,262,000 after buying an additional 171,220 shares during the last quarter. Hsbc Holdings PLC increased its position in Pearson by 64.9% in the second quarter. Hsbc Holdings PLC now owns 310,054 shares of the company’s stock worth $3,868,000 after buying an additional 122,054 shares during the period. Millennium Management LLC lifted its stake in Pearson by 66.3% in the second quarter. Millennium Management LLC now owns 298,063 shares of the company’s stock valued at $3,720,000 after buying an additional 118,822 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in Pearson in the second quarter valued at $1,447,000. Institutional investors own 2.14% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on PSO. StockNews.com cut shares of Pearson from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Citigroup upgraded shares of Pearson to a “strong-buy” rating in a research report on Tuesday, July 30th.
Pearson Trading Up 0.1 %
Shares of Pearson stock opened at $15.49 on Wednesday. Pearson plc has a 1-year low of $11.64 and a 1-year high of $15.65. The business’s fifty day moving average price is $14.20 and its two-hundred day moving average price is $13.36. The company has a quick ratio of 1.72, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.
Pearson 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.
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