Crossmark Global Holdings Inc. Increases Position in Pearson plc (NYSE:PSO)

Crossmark Global Holdings Inc. boosted its stake in shares of Pearson plc (NYSE:PSO) by 0.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 154,460 shares of the company’s stock after buying an additional 1,122 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Pearson were worth $2,490,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Renaissance Technologies LLC grew its holdings in shares of Pearson by 68.4% in the 2nd quarter. Renaissance Technologies LLC now owns 421,620 shares of the company’s stock worth $5,262,000 after acquiring an additional 171,220 shares during the period. Bank of Montreal Can grew its holdings in Pearson by 31.6% in the third quarter. Bank of Montreal Can now owns 405,852 shares of the company’s stock valued at $5,536,000 after purchasing an additional 97,443 shares during the last quarter. Millennium Management LLC increased its position in shares of Pearson by 66.3% in the second quarter. Millennium Management LLC now owns 298,063 shares of the company’s stock valued at $3,720,000 after buying an additional 118,822 shares in the last quarter. FMR LLC raised its stake in shares of Pearson by 20.7% during the 3rd quarter. FMR LLC now owns 275,310 shares of the company’s stock worth $3,736,000 after buying an additional 47,296 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position in shares of Pearson by 55.8% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 172,190 shares of the company’s stock worth $2,337,000 after buying an additional 61,666 shares in the last quarter. 2.14% of the stock is owned by hedge funds and other institutional investors.

Pearson Price Performance

PSO stock opened at $15.95 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.72 and a current ratio of 1.78. The stock’s 50 day moving average price is $15.79 and its 200 day moving average price is $14.42. The firm has a market cap of $10.62 billion, a P/E ratio of 16.96, a PEG ratio of 2.43 and a beta of 0.41. Pearson plc has a 1 year low of $11.69 and a 1 year high of $16.43.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Pearson from a “buy” rating to a “hold” rating in a research report on Friday, November 15th.

About Pearson

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.