Jane Street Group LLC Purchases 33,467 Shares of Pearson plc (NYSE:PSO)

Jane Street Group LLC increased its position in Pearson plc (NYSE:PSO - Free Report) by 145.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 56,540 shares of the company's stock after buying an additional 33,467 shares during the quarter. Jane Street Group LLC's holdings in Pearson were worth $911,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in PSO. SBI Securities Co. Ltd. acquired a new position in shares of Pearson in the fourth quarter valued at approximately $27,000. Smartleaf Asset Management LLC increased its position in Pearson by 228.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,044 shares of the company's stock valued at $65,000 after purchasing an additional 2,811 shares during the period. Russell Investments Group Ltd. increased its position in Pearson by 251.4% during the 4th quarter. Russell Investments Group Ltd. now owns 5,247 shares of the company's stock valued at $85,000 after purchasing an additional 3,754 shares during the period. EverSource Wealth Advisors LLC increased its position in Pearson by 39.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 6,807 shares of the company's stock valued at $110,000 after purchasing an additional 1,937 shares during the period. Finally, GeoWealth Management LLC acquired a new stake in Pearson during the 4th quarter valued at approximately $134,000. Institutional investors and hedge funds own 2.14% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. National Bankshares set a $18.00 target price on shares of Pearson in a research report on Tuesday, February 18th. The Goldman Sachs Group initiated coverage on shares of Pearson in a research note on Wednesday, March 26th. They set a "buy" rating on the stock. Finally, Wall Street Zen raised shares of Pearson from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd.

Pearson Stock Performance

Shares of NYSE PSO traded down $0.17 during mid-day trading on Thursday, reaching $16.12. 430,714 shares of the company's stock were exchanged, compared to its average volume of 467,010. The firm has a market capitalization of $10.73 billion, a price-to-earnings ratio of 17.14, a price-to-earnings-growth ratio of 2.65 and a beta of 0.62. Pearson plc has a 52 week low of $11.86 and a 52 week high of $17.90. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.72. The firm has a 50-day moving average price of $15.89 and a two-hundred day moving average price of $16.08.

Pearson Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Friday, May 16th. Stockholders of record on Friday, March 21st were paid a dividend of $0.2092 per share. This represents a dividend yield of 1.7%. This is a boost from Pearson's previous semi-annual dividend of $0.10. The ex-dividend date was Friday, March 21st. Pearson's payout ratio is presently 46.81%.

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.