Versant Capital Management Inc Purchases Shares of 1,625 Pearson plc (NYSE:PSO)

Versant Capital Management Inc acquired a new position in shares of Pearson plc (NYSE:PSO) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,625 shares of the company’s stock, valued at approximately $26,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its position in shares of Pearson by 86.9% during the third 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 in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Pearson during the 3rd quarter valued at about $47,000. EverSource Wealth Advisors LLC raised its stake in Pearson by 86.6% in the second quarter. EverSource Wealth Advisors LLC now owns 4,517 shares of the company’s stock valued at $61,000 after buying an additional 2,096 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Pearson by 78.6% during the third 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 last quarter. Finally, Rhumbline Advisers increased its holdings in shares of Pearson by 12.5% during the second quarter. Rhumbline Advisers now owns 11,518 shares of the company’s stock valued at $144,000 after acquiring an additional 1,281 shares in the last quarter. Hedge funds and other institutional investors own 2.14% of the company’s stock.

Pearson Price Performance

NYSE PSO opened at $16.34 on Wednesday. The stock’s fifty day moving average price is $15.61 and its 200 day moving average price is $14.15. Pearson plc has a 1 year low of $11.69 and a 1 year high of $16.43. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.72. The company has a market cap of $10.89 billion, a price-to-earnings ratio of 18.57, a PEG ratio of 2.75 and a beta of 0.41.

Analyst Ratings Changes

Separately, StockNews.com cut shares of 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.