Signaturefd LLC Trims Stake in Pearson, PLC $PSO

Signaturefd LLC lessened its holdings in Pearson, PLC (NYSE:PSO) by 7.3% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,762 shares of the company’s stock after selling 1,321 shares during the period. Signaturefd LLC’s holdings in Pearson were worth $250,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Callan Capital LLC increased its stake in Pearson by 3.7% in the 1st quarter. Callan Capital LLC now owns 18,626 shares of the company’s stock worth $298,000 after acquiring an additional 661 shares during the last quarter. U.S. Capital Wealth Advisors LLC increased its position in shares of Pearson by 6.3% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 12,294 shares of the company’s stock worth $184,000 after purchasing an additional 724 shares during the last quarter. Evergreen Capital Management LLC raised its stake in Pearson by 4.3% in the first quarter. Evergreen Capital Management LLC now owns 19,700 shares of the company’s stock valued at $320,000 after purchasing an additional 816 shares in the last quarter. Choreo LLC lifted its position in Pearson by 7.4% during the first quarter. Choreo LLC now owns 11,939 shares of the company’s stock valued at $191,000 after purchasing an additional 823 shares during the last quarter. Finally, M&T Bank Corp grew its stake in Pearson by 7.6% in the 1st quarter. M&T Bank Corp now owns 16,417 shares of the company’s stock worth $263,000 after buying an additional 1,165 shares in the last quarter. Institutional investors own 2.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on PSO shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Pearson in a research note on Monday, August 4th. Wall Street Zen lowered Pearson from a “buy” rating to a “hold” rating in a research report on Saturday, September 20th. Finally, BNP Paribas upgraded Pearson from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 27th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $18.00.

Pearson Price Performance

PSO opened at $14.23 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.31 and a quick ratio of 2.24. The stock’s 50 day simple moving average is $14.37 and its 200 day simple moving average is $15.04. The firm has a market cap of $9.20 billion, a price-to-earnings ratio of 15.13, a PEG ratio of 2.53 and a beta of 0.55. Pearson, PLC has a 1 year low of $13.27 and a 1 year high of $17.90.

Pearson Cuts Dividend

The company also recently announced a semi-annual dividend, which was paid on Monday, September 22nd. Investors of record on Friday, August 15th were paid a $0.0892 dividend. This represents a dividend yield of 210.0%. The ex-dividend date of this dividend was Friday, August 15th. Pearson’s payout ratio is presently 22.34%.

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.