First Affirmative Financial Network Reduces Holdings in Pearson plc (NYSE:PSO)

First Affirmative Financial Network reduced its position in Pearson plc (NYSE:PSO) by 10.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 15,002 shares of the company’s stock after selling 1,747 shares during the period. First Affirmative Financial Network’s holdings in Pearson were worth $242,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Bank of Montreal Can lifted its position in Pearson by 31.6% during the 3rd quarter. Bank of Montreal Can now owns 405,852 shares of the company’s stock worth $5,536,000 after acquiring an additional 97,443 shares during the period. Millennium Management LLC grew its position in Pearson by 66.3% in the 2nd quarter. Millennium Management LLC now owns 298,063 shares of the company’s stock valued at $3,720,000 after buying an additional 118,822 shares during the last quarter. FMR LLC raised its position in Pearson by 20.7% during the 3rd quarter. FMR LLC now owns 275,310 shares of the company’s stock worth $3,736,000 after buying an additional 47,296 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of Pearson by 55.8% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 172,190 shares of the company’s stock worth $2,337,000 after acquiring an additional 61,666 shares during the period. Finally, Crossmark Global Holdings Inc. boosted its holdings in shares of Pearson by 0.7% in the fourth quarter. Crossmark Global Holdings Inc. now owns 154,460 shares of the company’s stock valued at $2,490,000 after acquiring an additional 1,122 shares in the last quarter. 2.14% of the stock is owned by institutional investors and hedge funds.

Pearson Stock Up 3.5 %

Shares of PSO stock opened at $16.86 on Friday. The stock has a fifty day moving average price of $15.89 and a 200 day moving average price of $14.53. The company has a quick ratio of 1.72, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. Pearson plc has a 1 year low of $11.69 and a 1 year high of $16.91.

Wall Street Analyst Weigh In

Separately, 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.