Cerity Partners LLC Has $206,000 Stake in Pearson plc (NYSE:PSO)

Cerity Partners LLC grew its holdings in Pearson plc (NYSE:PSO) by 33.8% during the 4th quarter, HoldingsChannel reports. The firm owned 16,751 shares of the company’s stock after acquiring an additional 4,229 shares during the quarter. Cerity Partners LLC’s holdings in Pearson were worth $206,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in PSO. 13D Management LLC grew its holdings in Pearson by 35.5% in the 3rd quarter. 13D Management LLC now owns 757,583 shares of the company’s stock valued at $7,985,000 after buying an additional 198,674 shares during the last quarter. Mariner LLC grew its stake in shares of Pearson by 43.1% in the third quarter. Mariner LLC now owns 132,517 shares of the company’s stock worth $1,397,000 after acquiring an additional 39,939 shares during the last quarter. Natixis Advisors L.P. increased its position in Pearson by 2.5% during the third quarter. Natixis Advisors L.P. now owns 72,604 shares of the company’s stock worth $765,000 after acquiring an additional 1,743 shares during the period. Bank of New York Mellon Corp raised its stake in Pearson by 17.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 41,345 shares of the company’s stock valued at $436,000 after purchasing an additional 6,025 shares during the last quarter. Finally, Ballentine Partners LLC boosted its holdings in Pearson by 16.1% in the 4th quarter. Ballentine Partners LLC now owns 20,594 shares of the company’s stock valued at $253,000 after purchasing an additional 2,849 shares during the period. 2.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Pearson from a “buy” rating to a “hold” rating in a report on Wednesday, April 10th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Pearson currently has an average rating of “Moderate Buy” and a consensus price target of $1,056.67.

Pearson Price Performance

Shares of PSO stock opened at $12.39 on Tuesday. Pearson plc has a one year low of $9.28 and a one year high of $13.18. The company has a quick ratio of 1.67, a current ratio of 1.73 and a debt-to-equity ratio of 0.27. The stock has a fifty day moving average price of $12.66 and a 200 day moving average price of $12.20.

Pearson Increases Dividend

The business also recently announced a Semi-Annual dividend, which will be paid on Wednesday, May 8th. Stockholders of record on Friday, March 22nd will be issued a $0.1987 dividend. The ex-dividend date is Thursday, March 21st. This is a boost from Pearson’s previous Semi-Annual dividend of $0.07. This represents a dividend yield of 2.2%.

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.