XTX Topco Ltd Purchases Shares of 87,191 Pearson, PLC (NYSE:PSO)

Key Points

• XTX Topco Ltd acquired 87,191 shares of Pearson, PLC (NYSE:PSO) valued at approximately $1,396,000 during the first quarter.
• Several institutional investors, including TD Private Client Wealth LLC and CWM LLC, significantly increased their holdings in Pearson, showcasing a growing interest from hedge funds.
• Analyst ratings for Pearson have fluctuated, with Wall Street Zen downgrading it to "hold" while BNP Paribas upgraded its rating to "strong-buy."

XTX Topco Ltd bought a new stake in Pearson, PLC (NYSE:PSO - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 87,191 shares of the company's stock, valued at approximately $1,396,000.

Several other large investors have also modified their holdings of the stock. Assetmark Inc. lifted its position in shares of Pearson by 247.6% during the first quarter. Assetmark Inc. now owns 6,202 shares of the company's stock worth $99,000 after purchasing an additional 4,418 shares during the last quarter. Cetera Investment Advisers bought a new position in shares of Pearson during the first quarter worth about $401,000. Dorsey Wright & Associates acquired a new stake in Pearson during the first quarter worth about $2,042,000. Choreo LLC raised its stake in Pearson by 7.4% during the first quarter. Choreo LLC now owns 11,939 shares of the company's stock worth $191,000 after acquiring an additional 823 shares during the period. Finally, Diversify Advisory Services LLC acquired a new stake in Pearson during the first quarter worth about $242,000. Institutional investors own 2.14% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on PSO shares. BNP Paribas upgraded shares of Pearson from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Wall Street Zen upgraded shares of Pearson from a "hold" rating to a "strong-buy" rating in a research note on Sunday.

Pearson Stock Performance

Shares of NYSE:PSO traded up $0.02 during trading hours on Monday, hitting $14.99. The stock had a trading volume of 653,506 shares, compared to its average volume of 669,469. The stock's fifty day simple moving average is $14.77 and its 200 day simple moving average is $15.72. Pearson, PLC has a 1-year low of $13.10 and a 1-year high of $17.90. The firm has a market capitalization of $9.78 billion, a price-to-earnings ratio of 15.94, a PEG ratio of 2.65 and a beta of 0.58. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.80 and a current ratio of 1.85.

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.