Natixis Advisors LLC Raises Holdings in Pearson plc (NYSE:PSO)

Natixis Advisors LLC raised its position in shares of Pearson plc (NYSE:PSO) by 20.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 103,033 shares of the company’s stock after acquiring an additional 17,434 shares during the period. Natixis Advisors LLC’s holdings in Pearson were worth $1,398,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of Montreal Can purchased a new position in shares of Pearson in the 2nd quarter valued at $3,849,000. Renaissance Technologies LLC raised its position in Pearson by 68.4% in the second quarter. Renaissance Technologies LLC now owns 421,620 shares of the company’s stock valued at $5,262,000 after purchasing an additional 171,220 shares during the period. Hsbc Holdings PLC lifted its stake in shares of Pearson by 64.9% during the second quarter. Hsbc Holdings PLC now owns 310,054 shares of the company’s stock worth $3,868,000 after purchasing an additional 122,054 shares in the last quarter. Millennium Management LLC boosted its position in shares of Pearson by 66.3% in the second quarter. Millennium Management LLC now owns 298,063 shares of the company’s stock worth $3,720,000 after buying an additional 118,822 shares during the period. Finally, Marshall Wace LLP acquired a new stake in shares of Pearson in the second quarter valued at about $1,447,000. 2.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

PSO has been the subject of a number of analyst reports. Citigroup upgraded Pearson to a “strong-buy” rating in a report on Tuesday, July 30th. StockNews.com cut shares of Pearson from a “buy” rating to a “hold” rating in a research report on Friday, November 15th.

Pearson Stock Up 0.1 %

Shares of Pearson stock opened at $15.49 on Wednesday. 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 1-year low of $11.64 and a 1-year high of $15.65. The business has a 50-day moving average of $14.20 and a 200-day moving average of $13.36.

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.