Atria Investments Inc Trims Holdings in Pearson plc (NYSE:PSO)

Atria Investments Inc reduced its holdings in shares of Pearson plc (NYSE:PSO) by 13.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 17,316 shares of the company’s stock after selling 2,611 shares during the period. Atria Investments Inc’s holdings in Pearson were worth $235,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of PSO. EverSource Wealth Advisors LLC increased its holdings in shares of Pearson by 88.7% in the first quarter. EverSource Wealth Advisors LLC now owns 2,421 shares of the company’s stock valued at $29,000 after purchasing an additional 1,138 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Pearson by 43.2% during the second quarter. GAMMA Investing LLC now owns 2,782 shares of the company’s stock worth $35,000 after purchasing an additional 839 shares during the period. Allspring Global Investments Holdings LLC grew its position in Pearson by 86.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,145 shares of the company’s stock valued at $43,000 after buying an additional 1,462 shares during the last quarter. CWM LLC increased its stake in Pearson by 22.5% in the 2nd quarter. CWM LLC now owns 4,650 shares of the company’s stock valued at $58,000 after buying an additional 855 shares during the period. Finally, Blue Trust Inc. raised its position in Pearson by 1,374.3% during the 2nd quarter. Blue Trust Inc. now owns 6,089 shares of the company’s stock worth $80,000 after buying an additional 5,676 shares during the last quarter. 2.14% of the stock is currently owned by institutional investors and hedge funds.

Pearson Trading Up 1.7 %

Shares of PSO stock opened at $15.36 on Friday. Pearson plc has a 1-year low of $11.64 and a 1-year high of $15.65. The company has a quick ratio of 1.72, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The business’s fifty day moving average price is $14.14 and its 200 day moving average price is $13.31.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Citigroup raised shares of Pearson to a “strong-buy” rating in a report on Tuesday, July 30th. StockNews.com lowered Pearson from a “buy” rating to a “hold” rating in a report on Friday, November 15th.

Pearson Company Profile

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.