First Trust Direct Indexing L.P. Has $298,000 Stock Holdings in Pearson plc (NYSE:PSO)

First Trust Direct Indexing L.P. lowered its position in shares of Pearson plc (NYSE:PSOFree Report) by 7.0% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,636 shares of the company’s stock after selling 1,698 shares during the quarter. First Trust Direct Indexing L.P.’s holdings in Pearson were worth $298,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. First Affirmative Financial Network boosted its holdings in Pearson by 8.7% in the 4th quarter. First Affirmative Financial Network now owns 16,519 shares of the company’s stock valued at $203,000 after purchasing an additional 1,328 shares during the period. Crane Advisory LLC acquired a new position in Pearson in the fourth quarter valued at about $170,000. Ballentine Partners LLC lifted its position in Pearson by 16.1% during the fourth quarter. Ballentine Partners LLC now owns 20,594 shares of the company’s stock worth $253,000 after purchasing an additional 2,849 shares during the period. Cerity Partners LLC grew its stake in Pearson by 33.8% during the fourth quarter. Cerity Partners LLC now owns 16,751 shares of the company’s stock worth $206,000 after buying an additional 4,229 shares in the last quarter. Finally, National Wealth Management Group LLC bought a new position in Pearson in the 4th quarter valued at about $126,000. Institutional investors own 2.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, lowered shares of Pearson from a “buy” rating to a “hold” rating in a research report on Monday, May 13th.

Get Our Latest Research Report on Pearson

Pearson Stock Performance

Pearson stock opened at $12.87 on Tuesday. The company has a current ratio of 1.73, a quick ratio of 1.67 and a debt-to-equity ratio of 0.27. Pearson plc has a 12-month low of $10.27 and a 12-month high of $13.18. The business’s 50-day moving average price is $12.25 and its two-hundred day moving average price is $12.38.

Pearson Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Pearson (NYSE:PSO)

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