Atria Investments Inc Lowers Holdings in Pearson plc (NYSE:PSO)

Atria Investments Inc reduced its holdings in shares of Pearson plc (NYSE:PSO) by 13.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,316 shares of the company’s stock after selling 2,611 shares during the period. Atria Investments Inc’s holdings in Pearson were worth $235,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its stake in shares of Pearson by 88.7% during the first quarter. EverSource Wealth Advisors LLC now owns 2,421 shares of the company’s stock worth $29,000 after buying an additional 1,138 shares during the period. GAMMA Investing LLC raised its holdings in shares of Pearson by 43.2% in the 2nd quarter. GAMMA Investing LLC now owns 2,782 shares of the company’s stock valued at $35,000 after purchasing an additional 839 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of 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 grew its stake in shares of Pearson by 22.5% during the second quarter. CWM LLC now owns 4,650 shares of the company’s stock worth $58,000 after purchasing an additional 855 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in Pearson by 1,374.3% in the second quarter. Blue Trust Inc. now owns 6,089 shares of the company’s stock valued at $80,000 after buying an additional 5,676 shares during the last quarter. 2.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on PSO. StockNews.com downgraded Pearson from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Citigroup upgraded Pearson to a “strong-buy” rating in a research note on Tuesday, July 30th.

Pearson Stock Up 1.7 %

Shares of NYSE:PSO opened at $15.36 on Friday. Pearson plc has a 12 month low of $11.64 and a 12 month high of $15.65. The company has a current ratio of 1.78, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. The company’s fifty day moving average price is $14.14 and its 200 day moving average price is $13.31.

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.