Optiver Holding B.V. Decreases Position in Pearson, PLC $PSO

Optiver Holding B.V. decreased its holdings in Pearson, PLC (NYSE:PSO) by 21.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 614,926 shares of the company’s stock after selling 172,428 shares during the quarter. Optiver Holding B.V.’s holdings in Pearson were worth $8,074,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership raised its stake in Pearson by 72.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,645,461 shares of the company’s stock valued at $21,605,000 after buying an additional 691,339 shares during the last quarter. Hantz Financial Services Inc. grew its stake in shares of Pearson by 215.5% during the fourth quarter. Hantz Financial Services Inc. now owns 54,770 shares of the company’s stock worth $769,000 after acquiring an additional 37,413 shares during the last quarter. QRG Capital Management Inc. increased its holdings in shares of Pearson by 30.1% during the fourth quarter. QRG Capital Management Inc. now owns 156,839 shares of the company’s stock valued at $2,202,000 after acquiring an additional 36,302 shares in the last quarter. Barometer Capital Management Inc. raised its position in shares of Pearson by 545.3% in the 4th quarter. Barometer Capital Management Inc. now owns 64,600 shares of the company’s stock valued at $907,000 after purchasing an additional 54,589 shares during the last quarter. Finally, Abacus Wealth Partners LLC acquired a new stake in Pearson in the 4th quarter worth approximately $1,034,000. 2.14% of the stock is currently owned by hedge funds and other institutional investors.

Pearson Trading Down 2.7%

Pearson stock opened at $16.93 on Friday. The stock has a 50-day moving average price of $15.95 and a 200 day moving average price of $14.33. Pearson, PLC has a 52 week low of $12.02 and a 52 week high of $17.75. The company has a quick ratio of 1.94, a current ratio of 2.00 and a debt-to-equity ratio of 0.39.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Weiss Ratings upgraded shares of Pearson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. Wall Street Zen raised shares of Pearson from a “hold” rating to a “buy” rating in a report on Saturday. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Pearson in a research report on Tuesday, July 14th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Pearson has a consensus rating of “Hold”.

Pearson Company Profile

Pearson plc is a global education company headquartered in London, England, with significant operations in North America, Europe, Asia, and Latin America. Tracing its roots back to 1844, Pearson evolved from its early beginnings into one of the world’s leading providers of educational content, digital learning tools, and assessment services. The company’s American subsidiary trades on the New York Stock Exchange under the symbol PSO.

Pearson’s core business encompasses a broad portfolio of products and services for learners, educators, and institutions.