BNP Paribas Financial Markets boosted its holdings in Pearson, PLC (NYSE:PSO – Free Report) by 105.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 524,274 shares of the company’s stock after acquiring an additional 269,692 shares during the quarter. BNP Paribas Financial Markets’ holdings in Pearson were worth $7,361,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of PSO. Millennium Management LLC acquired a new stake in Pearson in the 1st quarter valued at $11,546,000. Optiver Holding B.V. acquired a new stake in Pearson in the 3rd quarter valued at $10,104,000. Qube Research & Technologies Ltd grew its position in Pearson by 1,072.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 605,707 shares of the company’s stock valued at $9,043,000 after purchasing an additional 554,044 shares during the period. Cubist Systematic Strategies LLC grew its position in Pearson by 109.6% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 445,228 shares of the company’s stock valued at $6,647,000 after purchasing an additional 232,788 shares during the period. Finally, JPMorgan Chase & Co. grew its position in Pearson by 672.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 261,605 shares of the company’s stock valued at $3,906,000 after purchasing an additional 227,725 shares during the period. Institutional investors and hedge funds own 2.14% of the company’s stock.
Pearson Price Performance
Shares of NYSE:PSO opened at $15.50 on Wednesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.94 and a current ratio of 2.00. The stock’s fifty day simple moving average is $14.55 and its two-hundred day simple moving average is $13.67. Pearson, PLC has a 1-year low of $12.02 and a 1-year high of $15.64.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on Pearson
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.
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