GAMMA Investing LLC Increases Holdings in Pearson plc (NYSE:PSO)

GAMMA Investing LLC grew its position in shares of Pearson plc (NYSE:PSO) by 78.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,869 shares of the company’s stock after buying an additional 3,901 shares during the quarter. GAMMA Investing LLC’s holdings in Pearson were worth $143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Versant Capital Management Inc bought a new position in Pearson in the fourth quarter valued at about $26,000. JPMorgan Chase & Co. increased its position in shares of Pearson by 244.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 15,278 shares of the company’s stock valued at $207,000 after purchasing an additional 10,841 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Pearson in the 3rd quarter worth approximately $47,000. Orion Portfolio Solutions LLC boosted its holdings in shares of Pearson by 50.9% in the third quarter. Orion Portfolio Solutions LLC now owns 47,595 shares of the company’s stock worth $646,000 after buying an additional 16,049 shares during the last quarter. Finally, Quantinno Capital Management LP grew its position in Pearson by 16.3% during the third quarter. Quantinno Capital Management LP now owns 145,744 shares of the company’s stock valued at $1,978,000 after buying an additional 20,461 shares during the period. 2.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Pearson from a “buy” rating to a “hold” rating in a research report on Friday, November 15th.

Pearson Price Performance

NYSE PSO opened at $16.09 on Friday. The business’s fifty day moving average is $15.71 and its 200 day moving average is $14.20. The company has a market capitalization of $10.72 billion, a PE ratio of 18.28, a price-to-earnings-growth ratio of 2.75 and a beta of 0.41. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.72 and a current ratio of 1.78. Pearson plc has a fifty-two week low of $11.69 and a fifty-two week high of $16.43.

About Pearson

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.