Tidal Investments LLC Purchases New Shares in Pearson plc (NYSE:PSO)

Tidal Investments LLC acquired a new position in Pearson plc (NYSE:PSO - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 27,394 shares of the company's stock, valued at approximately $442,000.

Other institutional investors have also made changes to their positions in the company. SBI Securities Co. Ltd. bought a new stake in shares of Pearson in the fourth quarter worth $27,000. Smartleaf Asset Management LLC raised its position in Pearson by 228.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,044 shares of the company's stock worth $65,000 after acquiring an additional 2,811 shares in the last quarter. Russell Investments Group Ltd. raised its position in Pearson by 251.4% during the fourth quarter. Russell Investments Group Ltd. now owns 5,247 shares of the company's stock worth $85,000 after acquiring an additional 3,754 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Pearson by 39.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 6,807 shares of the company's stock worth $110,000 after acquiring an additional 1,937 shares in the last quarter. Finally, GeoWealth Management LLC bought a new stake in Pearson during the fourth quarter worth $134,000. Institutional investors own 2.14% of the company's stock.

Analysts Set New Price Targets

Several research firms have issued reports on PSO. National Bankshares set a $18.00 price target 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 report on Wednesday, March 26th. They set a "buy" rating on the stock. Finally, Wall Street Zen upgraded shares of Pearson from a "buy" rating to a "strong-buy" rating in a report on Friday.

Pearson Stock Performance

Shares of NYSE:PSO traded down $1.19 on Tuesday, hitting $14.86. The company had a trading volume of 1,752,324 shares, compared to its average volume of 473,104. Pearson plc has a 1-year low of $11.93 and a 1-year high of $17.90. The stock has a market cap of $9.83 billion, a price-to-earnings ratio of 15.80, a P/E/G ratio of 2.65 and a beta of 0.62. The stock has a 50 day moving average price of $15.88 and a 200 day moving average price of $16.10. The company has a current ratio of 1.78, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34.

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.