Crossmark Global Holdings Inc. Increases Stock Holdings in Pearson plc (NYSE:PSO)

Crossmark Global Holdings Inc. grew its stake in shares of Pearson plc (NYSE:PSO - Free Report) by 61.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 153,338 shares of the company's stock after acquiring an additional 58,136 shares during the period. Crossmark Global Holdings Inc.'s holdings in Pearson were worth $2,081,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC increased its position in shares of Pearson by 88.7% during the first quarter. EverSource Wealth Advisors LLC now owns 2,421 shares of the company's stock valued at $29,000 after acquiring an additional 1,138 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Pearson by 43.2% in the second quarter. GAMMA Investing LLC now owns 2,782 shares of the company's stock worth $35,000 after purchasing an additional 839 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Pearson by 86.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,145 shares of the company's stock worth $43,000 after acquiring an additional 1,462 shares during the period. SageView Advisory Group LLC purchased a new position in Pearson during the first quarter worth approximately $42,000. Finally, CWM LLC lifted its position in Pearson by 22.5% in the second quarter. CWM LLC now owns 4,650 shares of the company's stock valued at $58,000 after buying an additional 855 shares during the last quarter. 2.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on PSO. StockNews.com raised shares of Pearson from a "hold" rating to a "buy" rating in a research report on Thursday, November 7th. Citigroup upgraded shares of Pearson to a "strong-buy" rating in a report on Tuesday, July 30th.

Pearson Stock Performance

Shares of NYSE:PSO traded down $0.34 on Wednesday, reaching $15.10. 302,643 shares of the company's stock were exchanged, compared to its average volume of 368,138. The company has a fifty day moving average of $13.93 and a 200-day moving average of $13.16. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.72 and a current ratio of 1.78. Pearson plc has a twelve month low of $11.64 and a twelve month high of $15.65.

About Pearson

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.