Blue Trust Inc. Sells 21,132 Shares of Pearson plc (NYSE:PSO)

Blue Trust Inc. trimmed its position in Pearson plc (NYSE:PSO) by 83.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,066 shares of the company’s stock after selling 21,132 shares during the period. Blue Trust Inc.’s holdings in Pearson were worth $66,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of PSO. Bank of Montreal Can grew 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 valued at $5,536,000 after buying an additional 97,443 shares during the last quarter. Crossmark Global Holdings Inc. lifted its position in Pearson by 61.1% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 153,338 shares of the company’s stock worth $2,081,000 after acquiring an additional 58,136 shares during the period. FMR LLC grew its stake in Pearson by 20.7% during the 3rd quarter. FMR LLC now owns 275,310 shares of the company’s stock valued at $3,736,000 after purchasing an additional 47,296 shares during the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Pearson in the third quarter valued at about $628,000. Finally, Rockefeller Capital Management L.P. raised its stake 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 worth $2,337,000 after purchasing an additional 61,666 shares during the last quarter. 2.14% of the stock is owned by hedge funds and other institutional investors.

Pearson Stock Up 0.0 %

Shares of PSO opened at $17.04 on Tuesday. The stock has a fifty day simple moving average of $16.29 and a two-hundred day simple moving average of $14.99. 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 capitalization of $11.35 billion, a PE ratio of 18.12, a price-to-earnings-growth ratio of 2.65 and a beta of 0.40. Pearson plc has a 52-week low of $11.78 and a 52-week high of $17.25.

Analysts Set New Price Targets

PSO has been the topic of a number of recent research reports. National Bankshares set a $18.00 target price on Pearson in a research report on Tuesday, February 18th. StockNews.com downgraded shares of Pearson from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Finally, The Goldman Sachs Group raised shares of Pearson to a “strong-buy” rating in a report on Thursday, January 30th.

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.