Callan Capital LLC Buys 2,638 Shares of Pearson plc (NYSE:PSO)

Callan Capital LLC boosted its stake in shares of Pearson plc (NYSE:PSO) by 17.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,965 shares of the company’s stock after acquiring an additional 2,638 shares during the quarter. Callan Capital LLC’s holdings in Pearson were worth $290,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Bank of Montreal Can increased its stake in Pearson by 31.6% during 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 during the last quarter. ABC Arbitrage SA bought a new stake in Pearson during the fourth quarter worth approximately $4,780,000. FMR LLC increased its stake in Pearson by 20.7% during the third quarter. FMR LLC now owns 275,310 shares of the company’s stock worth $3,736,000 after acquiring an additional 47,296 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in Pearson by 55.8% during the third quarter. Rockefeller Capital Management L.P. now owns 172,190 shares of the company’s stock worth $2,337,000 after acquiring an additional 61,666 shares during the last quarter. Finally, Crossmark Global Holdings Inc. increased its stake in Pearson by 0.7% during the fourth quarter. Crossmark Global Holdings Inc. now owns 154,460 shares of the company’s stock worth $2,490,000 after acquiring an additional 1,122 shares during the last quarter. 2.14% of the stock is owned by institutional investors.

Pearson Trading Down 1.1 %

PSO opened at $17.04 on Friday. The stock has a market cap of $11.35 billion, a price-to-earnings ratio of 18.12, a P/E/G ratio of 2.65 and a beta of 0.40. The stock’s 50 day moving average price is $16.27 and its 200-day moving average price is $14.96. Pearson plc has a one year low of $11.78 and a one year high of $17.25. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.72 and a current ratio of 1.78.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on PSO shares. The Goldman Sachs Group raised Pearson to a “strong-buy” rating in a research note on Thursday, January 30th. StockNews.com cut Pearson from a “buy” rating to a “hold” rating in a research note on Friday, November 15th. Finally, National Bankshares set a $18.00 target price on Pearson in a research note on Tuesday, February 18th.

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.