Pearson, PLC $PSO Stock Acquired by Leuthold Group LLC

Leuthold Group LLC grew its position in shares of Pearson, PLC (NYSE:PSO) by 64.5% during the third quarter, according to its most recent filing with the SEC. The firm owned 76,058 shares of the company’s stock after acquiring an additional 29,836 shares during the period. Leuthold Group LLC’s holdings in Pearson were worth $1,221,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership lifted its stake in shares of Pearson by 72.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,645,461 shares of the company’s stock valued at $21,605,000 after purchasing an additional 691,339 shares during the period. Quantinno Capital Management LP grew its stake in Pearson by 16.8% in the first quarter. Quantinno Capital Management LP now owns 512,854 shares of the company’s stock worth $6,734,000 after purchasing an additional 73,788 shares during the period. QRG Capital Management Inc. grew its stake in Pearson by 26.4% in the second quarter. QRG Capital Management Inc. now owns 224,809 shares of the company’s stock worth $3,572,000 after purchasing an additional 47,023 shares during the period. Ethic Inc. raised its holdings in Pearson by 24.7% in the third quarter. Ethic Inc. now owns 140,511 shares of the company’s stock worth $2,255,000 after purchasing an additional 27,790 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Pearson by 1.9% in the first quarter. Bank of New York Mellon Corp now owns 56,380 shares of the company’s stock worth $740,000 after purchasing an additional 1,071 shares in the last quarter. Institutional investors own 2.14% of the company’s stock.

Pearson Trading Up 0.4%

PSO opened at $17.27 on Wednesday. The stock has a 50-day moving average price of $16.77 and a 200-day moving average price of $15.21. Pearson, PLC has a 1 year low of $12.02 and a 1 year high of $18.43. The company has a quick ratio of 1.94, a current ratio of 2.00 and a debt-to-equity ratio of 0.50.

Analysts Set New Price Targets

PSO has been the topic of a number of research reports. Wall Street Zen cut shares of Pearson from a “buy” rating to a “hold” rating in a report on Sunday, September 6th. Weiss Ratings raised shares of Pearson from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, October 13th. Kepler Capital Markets lowered shares of Pearson from a “hold” rating to a “strong sell” rating in a research note on Monday, September 7th. JPMorgan Chase & Co. cut shares of Pearson from an “overweight” rating to a “neutral” rating in a report on Tuesday, July 14th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Pearson in a report on Monday, August 3rd. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Pearson Company Profile

Pearson plc is a global education company that develops and delivers learning materials, assessments, qualifications and digital education services. Its offerings include digital courseware and textbooks for higher education, online learning programs, English-language instruction, professional training and workforce-skills development. The company also provides assessment and qualification services for schools, governments, employers and professional organizations. Its products and services are used by learners and institutions in markets around the world.