Charles Schwab Investment Management Inc. Has $1.14 Million Holdings in Pearson plc (NYSE:PSO)

Charles Schwab Investment Management Inc. grew its position in Pearson plc (NYSE:PSO) by 9.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 70,946 shares of the company’s stock after purchasing an additional 6,401 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Pearson were worth $1,144,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. ABC Arbitrage SA bought a new stake in Pearson in the 4th quarter valued at $4,780,000. Bank of Montreal Can lifted its holdings in shares of Pearson by 31.6% during the third quarter. Bank of Montreal Can now owns 405,852 shares of the company’s stock worth $5,536,000 after buying an additional 97,443 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of Pearson by 55.8% in the third quarter. Rockefeller Capital Management L.P. now owns 172,190 shares of the company’s stock valued at $2,337,000 after acquiring an additional 61,666 shares during the period. FMR LLC grew its stake in shares of Pearson by 20.7% in the third quarter. FMR LLC now owns 275,310 shares of the company’s stock valued at $3,736,000 after acquiring an additional 47,296 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new position in Pearson during the third quarter worth about $628,000. Institutional investors own 2.14% of the company’s stock.

Pearson Stock Up 0.2 %

PSO stock opened at $15.99 on Monday. Pearson plc has a 52 week low of $11.78 and a 52 week high of $17.90. The business has a 50-day simple moving average of $16.55 and a 200 day simple moving average of $15.48. The company has a quick ratio of 1.72, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The company has a market cap of $10.66 billion, a PE ratio of 17.01, a price-to-earnings-growth ratio of 2.65 and a beta of 0.38.

Pearson Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Friday, May 16th. Stockholders of record on Friday, March 21st will be given a $0.2092 dividend. The ex-dividend date is Friday, March 21st. This is a boost from Pearson’s previous semi-annual dividend of $0.10. This represents a dividend yield of 1.7%. Pearson’s payout ratio is presently 43.62%.

Wall Street Analyst Weigh In

PSO has been the subject of a number of recent research reports. StockNews.com raised shares of Pearson from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. National Bankshares set a $18.00 price target on shares of Pearson in a research report on Tuesday, February 18th. Finally, The Goldman Sachs Group began coverage on Pearson in a research report on Wednesday, March 26th. They set a “buy” rating on the stock.

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.