Callan Capital LLC Increases Holdings in Pearson plc (NYSE:PSO)

Callan Capital LLC lifted its position in Pearson plc (NYSE:PSO) by 17.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,965 shares of the company’s stock after purchasing an additional 2,638 shares during the period. Callan Capital LLC’s holdings in Pearson were worth $290,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Truist Financial Corp boosted its holdings in shares of Pearson by 15.9% in the fourth quarter. Truist Financial Corp now owns 11,842 shares of the company’s stock valued at $191,000 after purchasing an additional 1,625 shares during the period. ABC Arbitrage SA purchased a new stake in shares of Pearson in the fourth quarter valued at approximately $4,780,000. Savant Capital LLC purchased a new stake in Pearson during the fourth quarter worth $181,000. Blue Trust Inc. lifted its holdings in Pearson by 53.6% during the fourth quarter. Blue Trust Inc. now owns 38,697 shares of the company’s stock worth $624,000 after buying an additional 13,499 shares during the period. Finally, Crossmark Global Holdings Inc. lifted its holdings in Pearson by 0.7% during the fourth quarter. Crossmark Global Holdings Inc. now owns 154,460 shares of the company’s stock worth $2,490,000 after buying an additional 1,122 shares during the period. Hedge funds and other institutional investors own 2.14% of the company’s stock.

Pearson Stock Performance

Shares of PSO opened at $17.04 on Friday. Pearson plc has a 12 month low of $11.78 and a 12 month high of $17.25. The stock has a fifty day moving average price of $16.27 and a 200-day moving average price of $14.96. 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 firm has a market cap of $11.35 billion, a PE ratio of 18.12, a P/E/G ratio of 2.65 and a beta of 0.40.

Analyst Ratings Changes

A number of analysts have weighed in on the company. The Goldman Sachs Group upgraded Pearson to a “strong-buy” rating in a report on Thursday, January 30th. National Bankshares set a $18.00 target price on Pearson in a report on Tuesday, February 18th. Finally, StockNews.com lowered Pearson from a “buy” rating to a “hold” rating in a report on Friday, November 15th.

Pearson 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.