Mackenzie Financial Corp increased its position in Pearson PLC (NYSE:PSO) by 72.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 46,693 shares of the company’s stock after purchasing an additional 19,561 shares during the quarter. Mackenzie Financial Corp’s holdings in Pearson were worth $380,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of PSO. Royal Bank of Canada raised its holdings in shares of Pearson by 45.8% in the 2nd quarter. Royal Bank of Canada now owns 905,813 shares of the company’s stock valued at $8,125,000 after purchasing an additional 284,612 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Pearson by 370.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 320,980 shares of the company’s stock valued at $2,593,000 after purchasing an additional 252,766 shares during the period. Parametric Portfolio Associates LLC raised its holdings in shares of Pearson by 58.3% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 340,847 shares of the company’s stock valued at $3,057,000 after purchasing an additional 125,554 shares during the period. Crossmark Global Holdings Inc. bought a new stake in shares of Pearson in the 3rd quarter valued at about $880,000. Finally, Bank of Montreal Can raised its holdings in shares of Pearson by 127.2% in the 2nd quarter. Bank of Montreal Can now owns 182,381 shares of the company’s stock valued at $1,636,000 after purchasing an additional 102,092 shares during the period. 1.39% of the stock is currently owned by institutional investors.

A number of equities research analysts have recently issued reports on the stock. BNP Paribas raised shares of Pearson from an “underperform” rating to an “outperform” rating in a report on Wednesday, September 27th. Deutsche Bank lowered shares of Pearson from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. Finally, Zacks Investment Research upgraded shares of Pearson from a “hold” rating to a “buy” rating and set a $10.00 price target on the stock in a research note on Thursday, November 16th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $10.00.

Shares of Pearson PLC (PSO) traded up $0.02 on Tuesday, reaching $9.89. 177,200 shares of the company were exchanged, compared to its average volume of 529,500. Pearson PLC has a twelve month low of $7.04 and a twelve month high of $10.31. The company has a current ratio of 1.62, a quick ratio of 1.49 and a debt-to-equity ratio of 0.46.

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Pearson Profile

Pearson plc (Pearson) is a learning company. The Company delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The Company operates through three segments, which include North America, Core and Growth.

Institutional Ownership by Quarter for Pearson (NYSE:PSO)

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