Pearson, PLC $PSO Shares Acquired by Barometer Capital Management Inc.

Barometer Capital Management Inc. raised its stake in shares of Pearson, PLC (NYSE:PSO) by 545.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 64,600 shares of the company’s stock after acquiring an additional 54,589 shares during the period. Barometer Capital Management Inc.’s holdings in Pearson were worth $907,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. CIBC Private Wealth Group LLC increased its position in shares of Pearson by 952.1% during the third quarter. CIBC Private Wealth Group LLC now owns 1,757 shares of the company’s stock valued at $25,000 after acquiring an additional 1,590 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Pearson by 54.2% during the fourth quarter. Farther Finance Advisors LLC now owns 2,947 shares of the company’s stock valued at $41,000 after acquiring an additional 1,036 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Pearson by 12.3% during the fourth quarter. GAMMA Investing LLC now owns 8,397 shares of the company’s stock valued at $118,000 after acquiring an additional 922 shares during the last quarter. Vise Technologies Inc. acquired a new stake in shares of Pearson during the fourth quarter valued at about $143,000. Finally, Optas LLC acquired a new stake in shares of Pearson during the fourth quarter valued at about $145,000. 2.14% of the stock is currently owned by institutional investors and hedge funds.

Pearson Trading Down 0.0%

Shares of PSO stock opened at $15.34 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.94 and a current ratio of 2.00. The company has a 50 day moving average price of $14.64 and a 200 day moving average price of $13.70. Pearson, PLC has a fifty-two week low of $12.02 and a fifty-two week high of $15.64.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Weiss Ratings upgraded shares of Pearson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, June 4th. Wall Street Zen cut shares of Pearson from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Pearson currently has an average rating of “Moderate Buy”.

About Pearson

Pearson plc is a global education company headquartered in London, England, with significant operations in North America, Europe, Asia, and Latin America. Tracing its roots back to 1844, Pearson evolved from its early beginnings into one of the world’s leading providers of educational content, digital learning tools, and assessment services. The company’s American subsidiary trades on the New York Stock Exchange under the symbol PSO.

Pearson’s core business encompasses a broad portfolio of products and services for learners, educators, and institutions.