Pathstone Holdings LLC Purchases 11,995 Shares of Pearson plc (NYSE:PSO)

Pathstone Holdings LLC grew its position in shares of Pearson plc (NYSE:PSO) by 9.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 136,741 shares of the company’s stock after purchasing an additional 11,995 shares during the quarter. Pathstone Holdings LLC’s holdings in Pearson were worth $1,856,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its holdings in Pearson by 88.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,421 shares of the company’s stock worth $29,000 after purchasing an additional 1,138 shares during the last quarter. GAMMA Investing LLC raised its holdings in Pearson by 43.2% during the 2nd quarter. GAMMA Investing LLC now owns 2,782 shares of the company’s stock worth $35,000 after purchasing an additional 839 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Pearson by 86.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,145 shares of the company’s stock worth $43,000 after purchasing an additional 1,462 shares during the last quarter. CWM LLC raised its holdings in Pearson by 22.5% during the 2nd quarter. CWM LLC now owns 4,650 shares of the company’s stock worth $58,000 after purchasing an additional 855 shares during the last quarter. Finally, Blue Trust Inc. raised its holdings in Pearson by 1,374.3% during the 2nd quarter. Blue Trust Inc. now owns 6,089 shares of the company’s stock worth $80,000 after purchasing an additional 5,676 shares during the last quarter. Institutional investors own 2.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Pearson from a “buy” rating to a “hold” rating in a report on Friday, November 15th.

Pearson Trading Up 0.8 %

NYSE:PSO opened at $15.61 on Thursday. The company has a fifty day moving average of $14.25 and a 200-day moving average of $13.38. The company has a current ratio of 1.78, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. Pearson plc has a twelve month low of $11.64 and a twelve month high of $15.66.

About Pearson

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.