Crossmark Global Holdings Inc. Raises Stake in Pearson plc (NYSE:PSO)

Crossmark Global Holdings Inc. lifted its position in shares of Pearson plc (NYSE:PSO) by 0.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 154,460 shares of the company’s stock after buying an additional 1,122 shares during the period. Crossmark Global Holdings Inc.’s holdings in Pearson were worth $2,490,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Renaissance Technologies LLC boosted its holdings in shares of Pearson by 68.4% during the second quarter. Renaissance Technologies LLC now owns 421,620 shares of the company’s stock worth $5,262,000 after purchasing an additional 171,220 shares during the last quarter. Bank of Montreal Can lifted its position 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 buying an additional 97,443 shares during the period. Millennium Management LLC boosted its stake in Pearson by 66.3% in the 2nd quarter. Millennium Management LLC now owns 298,063 shares of the company’s stock worth $3,720,000 after buying an additional 118,822 shares during the last quarter. FMR LLC grew its holdings in Pearson by 20.7% in the 3rd quarter. FMR LLC now owns 275,310 shares of the company’s stock valued at $3,736,000 after buying an additional 47,296 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of Pearson by 55.8% during the 3rd 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 period. Institutional investors and hedge funds own 2.14% of the company’s stock.

Pearson Price Performance

PSO stock opened at $15.95 on Friday. The company has a market cap of $10.62 billion, a PE ratio of 16.96, a price-to-earnings-growth ratio of 2.43 and a beta of 0.41. The company has a current ratio of 1.78, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. The stock has a 50-day moving average price of $15.79 and a two-hundred day moving average price of $14.42. Pearson plc has a 12-month low of $11.69 and a 12-month high of $16.43.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Pearson from a “buy” rating to a “hold” rating in a research report on Friday, November 15th.

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.