Optiver Holding B.V. Makes New $10.10 Million Investment in Pearson, PLC $PSO

Optiver Holding B.V. purchased a new stake in Pearson, PLC (NYSE:PSO) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 713,538 shares of the company’s stock, valued at approximately $10,104,000. Optiver Holding B.V. owned approximately 0.11% of Pearson at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in PSO. AQR Capital Management LLC lifted its stake in Pearson by 16.2% in the 1st quarter. AQR Capital Management LLC now owns 71,670 shares of the company’s stock valued at $1,147,000 after purchasing an additional 9,977 shares during the last quarter. Millennium Management LLC acquired a new position in shares of Pearson during the first quarter worth $11,546,000. NewEdge Advisors LLC lifted its stake in shares of Pearson by 10,532.1% in the 1st quarter. NewEdge Advisors LLC now owns 25,836 shares of the company’s stock valued at $414,000 after acquiring an additional 25,593 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Pearson by 2.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,144,680 shares of the company’s stock valued at $34,336,000 after acquiring an additional 44,349 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in Pearson by 25.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 189,991 shares of the company’s stock worth $2,837,000 after acquiring an additional 38,578 shares during the last quarter. 2.14% of the stock is owned by institutional investors.

Pearson Stock Up 1.6%

Shares of Pearson stock opened at $12.67 on Wednesday. The business has a 50-day moving average price of $13.23 and a two-hundred day moving average price of $13.73. Pearson, PLC has a 1-year low of $12.02 and a 1-year high of $17.90. The company has a current ratio of 2.31, a quick ratio of 2.24 and a debt-to-equity ratio of 0.40.

Analyst Upgrades and Downgrades

Several research firms have commented on PSO. Citigroup began coverage on Pearson in a research report on Monday, January 12th. They issued a “buy” rating for the company. Weiss Ratings lowered shares of Pearson from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Finally, Kepler Capital Markets raised shares of Pearson from a “reduce” rating to a “hold” rating in a report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Pearson currently has a consensus rating of “Moderate Buy”.

Pearson Profile

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.