Cable Hill Partners LLC Purchases Shares of 16,584 Pearson plc (NYSE:PSO)

Cable Hill Partners LLC acquired a new position in shares of Pearson plc (NYSE:PSO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 16,584 shares of the company’s stock, valued at approximately $225,000.

A number of other institutional investors also recently modified their holdings of PSO. Crossmark Global Holdings Inc. increased its holdings in Pearson by 61.1% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 153,338 shares of the company’s stock valued at $2,081,000 after purchasing an additional 58,136 shares in the last quarter. Summit Global Investments bought a new stake in shares of Pearson during the third quarter worth $208,000. JNBA Financial Advisors increased its stake in shares of Pearson by 44.5% in the third quarter. JNBA Financial Advisors now owns 28,121 shares of the company’s stock valued at $382,000 after buying an additional 8,659 shares in the last quarter. QRG Capital Management Inc. raised its holdings in shares of Pearson by 44.9% in the third quarter. QRG Capital Management Inc. now owns 24,842 shares of the company’s stock valued at $337,000 after buying an additional 7,693 shares during the last quarter. Finally, US Bancorp DE lifted its position in Pearson by 4.3% during the 3rd quarter. US Bancorp DE now owns 55,400 shares of the company’s stock worth $752,000 after buying an additional 2,278 shares in the last quarter. Institutional investors own 2.14% of the company’s stock.

Pearson Price Performance

Shares of PSO stock opened at $15.10 on Friday. Pearson plc has a 12 month low of $11.64 and a 12 month high of $15.65. The company has a current ratio of 1.78, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. The stock has a 50-day moving average price of $13.95 and a 200 day moving average price of $13.18.

Analyst Upgrades and Downgrades

PSO has been the subject of several research reports. StockNews.com downgraded shares of Pearson from a “buy” rating to a “hold” rating in a research note on Friday. Citigroup upgraded shares of Pearson to a “strong-buy” rating in a research report on Tuesday, July 30th.

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.