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

Diversify Wealth Management LLC purchased a new stake in Pearson, PLC (NYSE:PSO - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 53,848 shares of the company's stock, valued at approximately $851,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. TD Private Client Wealth LLC raised its stake in Pearson by 1,798.8% in the first quarter. TD Private Client Wealth LLC now owns 1,633 shares of the company's stock valued at $26,000 after purchasing an additional 1,547 shares in the last quarter. Russell Investments Group Ltd. grew its position in Pearson by 251.4% in the fourth quarter. Russell Investments Group Ltd. now owns 5,247 shares of the company's stock valued at $85,000 after acquiring an additional 3,754 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in Pearson by 39.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 6,807 shares of the company's stock valued at $110,000 after acquiring an additional 1,937 shares during the last quarter. GeoWealth Management LLC bought a new position in Pearson in the fourth quarter valued at about $134,000. Finally, Wells Fargo & Company MN grew its position in Pearson by 45.6% in the fourth quarter. Wells Fargo & Company MN now owns 8,418 shares of the company's stock valued at $136,000 after acquiring an additional 2,637 shares during the last quarter. Institutional investors and hedge funds own 2.14% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. BNP Paribas upgraded Pearson from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. Wall Street Zen cut Pearson from a "strong-buy" rating to a "buy" rating in a report on Friday, June 27th. Finally, The Goldman Sachs Group assumed coverage on Pearson in a report on Wednesday, March 26th. They set a "buy" rating on the stock.

Pearson Trading Down 0.5%

PSO stock traded down $0.07 during trading on Monday, hitting $14.28. The company had a trading volume of 124,719 shares, compared to its average volume of 661,018. The business has a 50-day moving average of $15.32 and a 200-day moving average of $15.89. Pearson, PLC has a one year low of $12.99 and a one year high of $17.90. The stock has a market cap of $9.45 billion, a PE ratio of 15.19, a PEG ratio of 2.16 and a beta of 0.56. The company has a current ratio of 1.85, a quick ratio of 1.80 and a debt-to-equity ratio of 0.29.

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.