Pearson, PLC $PSO Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lowered its position in shares of Pearson, PLC (NYSE:PSO) by 95.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,214 shares of the company’s stock after selling 161,295 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Pearson were worth $115,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in PSO. CIBC Private Wealth Group LLC lifted its position in shares of Pearson by 952.1% in the third quarter. CIBC Private Wealth Group LLC now owns 1,757 shares of the company’s stock worth $25,000 after buying an additional 1,590 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Pearson during the fourth quarter worth approximately $35,000. Farther Finance Advisors LLC boosted its position in shares of Pearson by 54.2% in 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 period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Pearson in the fourth quarter worth $42,000. Finally, Smartleaf Asset Management LLC increased its position in Pearson by 31.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 7,758 shares of the company’s stock worth $110,000 after acquiring an additional 1,874 shares during the period. Institutional investors and hedge funds own 2.14% of the company’s stock.

Analyst Ratings Changes

PSO has been the subject of a number of research reports. Wall Street Zen downgraded shares of Pearson from a “buy” rating to a “hold” rating in a report on Monday, May 18th. Weiss Ratings upgraded shares of Pearson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Pearson presently has a consensus rating of “Hold”.

Pearson Stock Performance

Pearson stock opened at $16.91 on Friday. The business’s 50-day simple moving average is $15.39 and its 200 day simple moving average is $14.04. The company has a current ratio of 2.00, a quick ratio of 1.94 and a debt-to-equity ratio of 0.39. Pearson, PLC has a 12-month low of $12.02 and a 12-month high of $17.12.

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.