Fmr LLC Has $3.74 Million Stake in Pearson plc (NYSE:PSO)

Fmr LLC increased its stake in shares of Pearson plc (NYSE:PSO) by 20.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 275,310 shares of the company’s stock after buying an additional 47,296 shares during the quarter. Fmr LLC’s holdings in Pearson were worth $3,736,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Allspring Global Investments Holdings LLC grew its stake in Pearson by 86.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,145 shares of the company’s stock valued at $43,000 after purchasing an additional 1,462 shares during the period. EverSource Wealth Advisors LLC grew its stake in Pearson by 86.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,517 shares of the company’s stock valued at $61,000 after purchasing an additional 2,096 shares during the period. CWM LLC grew its stake in shares of Pearson by 22.5% during the 2nd quarter. CWM LLC now owns 4,650 shares of the company’s stock worth $58,000 after acquiring an additional 855 shares during the period. GAMMA Investing LLC grew its stake in shares of Pearson by 78.6% during the 3rd quarter. GAMMA Investing LLC now owns 4,968 shares of the company’s stock worth $67,000 after acquiring an additional 2,186 shares during the period. Finally, Blue Trust Inc. grew its stake in shares of 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 acquiring an additional 5,676 shares during the period. Institutional investors own 2.14% of the company’s stock.

Pearson Stock Performance

NYSE:PSO opened at $16.11 on Friday. The business’s 50-day moving average price is $14.73 and its two-hundred day moving average price is $13.65. Pearson plc has a twelve month low of $11.69 and a twelve month high of $16.30. The company has a quick ratio of 1.72, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Pearson from a “buy” rating to a “hold” rating in a research note on Friday, November 15th.

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.