Henry James International Management Inc. cut its position in Pearson plc (NYSE:PSO – Free Report) by 25.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 201,416 shares of the company’s stock after selling 67,003 shares during the quarter. Pearson accounts for 1.2% of Henry James International Management Inc.’s holdings, making the stock its 29th largest holding. Henry James International Management Inc.’s holdings in Pearson were worth $3,247,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of PSO. Versant Capital Management Inc acquired a new stake in shares of Pearson in the fourth quarter valued at $26,000. Allspring Global Investments Holdings LLC lifted its position in Pearson by 86.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,145 shares of the company’s stock valued at $43,000 after acquiring an additional 1,462 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Pearson in the third quarter valued at $47,000. GAMMA Investing LLC grew its holdings in shares of Pearson by 78.5% during the fourth quarter. GAMMA Investing LLC now owns 8,869 shares of the company’s stock worth $143,000 after purchasing an additional 3,901 shares during the last quarter. Finally, Caprock Group LLC purchased a new stake in shares of Pearson in the 3rd quarter valued at about $146,000. 2.14% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of analysts recently weighed in on PSO shares. National Bankshares set a $18.00 price target on shares of Pearson in a research note on Tuesday, February 18th. The Goldman Sachs Group raised shares of Pearson to a “strong-buy” rating in a research note on Thursday, January 30th. Finally, StockNews.com downgraded Pearson from a “buy” rating to a “hold” rating in a research note on Friday, November 15th.
Pearson Stock Up 2.4 %
PSO opened at $17.27 on Friday. The business’s fifty day simple moving average is $16.34 and its 200 day simple moving average is $15.05. Pearson plc has a 52 week low of $11.78 and a 52 week high of $17.27. The firm has a market cap of $11.51 billion, a P/E ratio of 18.37, a PEG ratio of 2.65 and a beta of 0.40. The company has a quick ratio of 1.72, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.
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.
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