Pearson plc (NYSE:PSO) Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC raised its position in shares of Pearson plc (NYSE:PSO) by 1,747.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 163,894 shares of the company’s stock after purchasing an additional 155,025 shares during the period. GAMMA Investing LLC’s holdings in Pearson were worth $2,624,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC boosted its stake in Pearson by 7.2% during the 4th quarter. Sequoia Financial Advisors LLC now owns 13,944 shares of the company’s stock valued at $225,000 after purchasing an additional 941 shares during the period. O Shaughnessy Asset Management LLC boosted its holdings in shares of Pearson by 6.8% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 19,263 shares of the company’s stock valued at $311,000 after acquiring an additional 1,219 shares in the last quarter. Gitterman Wealth Management LLC boosted its holdings in shares of Pearson by 9.0% in the fourth quarter. Gitterman Wealth Management LLC now owns 15,397 shares of the company’s stock valued at $248,000 after acquiring an additional 1,276 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Pearson by 7.3% in the fourth quarter. Ameriprise Financial Inc. now owns 19,547 shares of the company’s stock valued at $315,000 after acquiring an additional 1,335 shares in the last quarter. Finally, Quadrant Capital Group LLC boosted its holdings in shares of Pearson by 10.4% in the fourth quarter. Quadrant Capital Group LLC now owns 15,430 shares of the company’s stock valued at $249,000 after acquiring an additional 1,451 shares in the last quarter. 2.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on PSO shares. Wall Street Zen downgraded Pearson from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 7th. National Bankshares set a $18.00 target price on shares of Pearson in a research note on Tuesday, February 18th. Finally, The Goldman Sachs Group started coverage on shares of Pearson in a research note on Wednesday, March 26th. They set a “buy” rating for the company.

Pearson Stock Up 0.1%

PSO stock opened at $14.83 on Friday. Pearson plc has a 12 month low of $11.93 and a 12 month high of $17.90. The firm has a market cap of $9.81 billion, a PE ratio of 15.78, a P/E/G ratio of 2.65 and a beta of 0.60. The firm has a 50 day simple moving average of $15.76 and a 200 day simple moving average of $16.08. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.72.

Pearson 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.