Savant Capital LLC Buys 5,608 Shares of Pearson, PLC $PSO

Savant Capital LLC increased its position in Pearson, PLC (NYSE:PSO) by 46.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,608 shares of the company’s stock after purchasing an additional 5,608 shares during the period. Savant Capital LLC’s holdings in Pearson were worth $263,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. First Horizon Advisors Inc. raised its holdings in Pearson by 3,131.8% in the second quarter. First Horizon Advisors Inc. now owns 2,133 shares of the company’s stock worth $32,000 after buying an additional 2,067 shares during the last quarter. Brooklyn Investment Group increased its position in shares of Pearson by 308.3% during the first quarter. Brooklyn Investment Group now owns 2,356 shares of the company’s stock valued at $38,000 after acquiring an additional 1,779 shares in the last quarter. TD Private Client Wealth LLC raised its holdings in Pearson by 113.8% in the 2nd quarter. TD Private Client Wealth LLC now owns 3,492 shares of the company’s stock worth $52,000 after acquiring an additional 1,859 shares during the last quarter. CWM LLC lifted its position in Pearson by 43.6% in the 1st quarter. CWM LLC now owns 4,140 shares of the company’s stock valued at $66,000 after acquiring an additional 1,256 shares in the last quarter. Finally, Global Trust Asset Management LLC purchased a new stake in Pearson during the 2nd quarter valued at $64,000. 2.14% of the stock is currently owned by institutional investors.

Pearson Stock Performance

PSO stock opened at $13.17 on Wednesday. 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 business’s 50-day moving average is $14.04 and its two-hundred day moving average is $14.61. Pearson, PLC has a fifty-two week low of $12.88 and a fifty-two week high of $17.90.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Wall Street Zen cut Pearson from a “buy” rating to a “hold” rating in a research note on Saturday, September 20th. Morgan Stanley initiated coverage on Pearson in a research report on Monday, October 20th. They issued an “equal weight” rating for the company. Weiss Ratings restated a “buy (b-)” rating on shares of Pearson in a research note on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Pearson in a research note on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $18.00.

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.