Diversify Wealth Management LLC Takes $851,000 Position in Pearson, PLC (NYSE:PSO)

Diversify Wealth Management LLC bought a new position in Pearson, PLC (NYSE:PSO - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 53,848 shares of the company's stock, valued at approximately $851,000.

Several other hedge funds and other institutional investors also recently modified their holdings of PSO. Genus Capital Management Inc. boosted its holdings in shares of Pearson by 279.6% in the 1st quarter. Genus Capital Management Inc. now owns 47,940 shares of the company's stock valued at $768,000 after buying an additional 74,640 shares during the period. Cerity Partners LLC boosted its holdings in shares of Pearson by 76.2% in the 1st quarter. Cerity Partners LLC now owns 154,003 shares of the company's stock valued at $2,466,000 after buying an additional 66,621 shares during the period. Personal CFO Solutions LLC acquired a new position in shares of Pearson in the 1st quarter valued at about $173,000. M&T Bank Corp boosted its holdings in shares of Pearson by 7.6% in the 1st quarter. M&T Bank Corp now owns 16,417 shares of the company's stock valued at $263,000 after buying an additional 1,165 shares during the period. Finally, U.S. Capital Wealth Advisors LLC acquired a new position in shares of Pearson in the 1st quarter valued at about $185,000. Institutional investors own 2.14% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on PSO. BNP Paribas raised shares of Pearson from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. Wall Street Zen lowered shares of Pearson from a "strong-buy" rating to a "buy" rating in a research note on Friday, June 27th. Finally, The Goldman Sachs Group initiated coverage on shares of Pearson in a research note on Wednesday, March 26th. They set a "buy" rating for the company.

Pearson Stock Performance

Pearson stock traded up $0.08 during midday trading on Wednesday, reaching $14.26. 670,042 shares of the stock traded hands, compared to its average volume of 517,750. The company has a current ratio of 1.85, a quick ratio of 1.80 and a debt-to-equity ratio of 0.29. The firm has a fifty day moving average price of $15.25 and a two-hundred day moving average price of $15.87. The firm has a market cap of $9.43 billion, a price-to-earnings ratio of 15.16, a PEG ratio of 2.16 and a beta of 0.56. Pearson, PLC has a fifty-two week low of $12.99 and a fifty-two week high of $17.90.

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.