GAMMA Investing LLC Raises Stake in Pearson plc (NYSE:PSO)

GAMMA Investing LLC boosted its holdings in Pearson plc (NYSE:PSO) by 78.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,869 shares of the company’s stock after purchasing an additional 3,901 shares during the quarter. GAMMA Investing LLC’s holdings in Pearson were worth $143,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Renaissance Technologies LLC boosted its position in shares of Pearson by 68.4% in the 2nd quarter. Renaissance Technologies LLC now owns 421,620 shares of the company’s stock worth $5,262,000 after purchasing an additional 171,220 shares in the last quarter. Bank of Montreal Can boosted its holdings in Pearson by 31.6% in the third quarter. Bank of Montreal Can now owns 405,852 shares of the company’s stock worth $5,536,000 after acquiring an additional 97,443 shares in the last quarter. Hsbc Holdings PLC grew its stake in shares of Pearson by 64.9% in the second quarter. Hsbc Holdings PLC now owns 310,054 shares of the company’s stock worth $3,868,000 after acquiring an additional 122,054 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Pearson by 66.3% during the second quarter. Millennium Management LLC now owns 298,063 shares of the company’s stock valued at $3,720,000 after acquiring an additional 118,822 shares in the last quarter. Finally, FMR LLC increased its holdings in shares of Pearson by 20.7% during the third quarter. FMR LLC now owns 275,310 shares of the company’s stock valued at $3,736,000 after acquiring an additional 47,296 shares in the last quarter. Institutional investors own 2.14% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Pearson Stock Performance

Shares of PSO opened at $16.09 on Friday. Pearson plc has a 12 month low of $11.69 and a 12 month high of $16.43. The business’s fifty day simple moving average is $15.71 and its two-hundred day simple moving average is $14.20. 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 has a market cap of $10.72 billion, a price-to-earnings ratio of 18.28, a P/E/G ratio of 2.75 and a beta of 0.41.

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.