Entropy Technologies LP Makes New Investment in Pearson, PLC $PSO

Entropy Technologies LP purchased a new stake in shares of Pearson, PLC (NYSE:PSO) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 31,351 shares of the company’s stock, valued at approximately $412,000.

A number of other large investors have also recently bought and sold shares of PSO. CIBC Private Wealth Group LLC raised its holdings in Pearson by 952.1% during the third quarter. CIBC Private Wealth Group LLC now owns 1,757 shares of the company’s stock valued at $25,000 after buying an additional 1,590 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Pearson during the 4th quarter worth about $35,000. Farther Finance Advisors LLC increased its holdings in shares of Pearson by 54.2% during the 4th 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 last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Pearson during the 4th quarter valued at about $42,000. Finally, Smartleaf Asset Management LLC raised its stake in shares of Pearson by 31.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 7,758 shares of the company’s stock valued at $110,000 after acquiring an additional 1,874 shares in the last quarter. 2.14% of the stock is currently owned by institutional investors.

Pearson Stock Performance

Shares of PSO opened at $17.44 on Friday. The company has a quick ratio of 1.94, a current ratio of 2.00 and a debt-to-equity ratio of 0.39. The company has a 50-day simple moving average of $15.92 and a 200-day simple moving average of $14.31. Pearson, PLC has a 52 week low of $12.02 and a 52 week high of $17.75.

Analyst Ratings Changes

PSO has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Pearson in a research report on Tuesday, July 14th. Wall Street Zen lowered shares of Pearson from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. Finally, 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 analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

About Pearson

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.