Hantz Financial Services Inc. Purchases 37,413 Shares of Pearson, PLC $PSO

Hantz Financial Services Inc. increased its position in Pearson, PLC (NYSE:PSO) by 215.5% during the 4th quarter, Holdings Channel reports. The firm owned 54,770 shares of the company’s stock after acquiring an additional 37,413 shares during the quarter. Hantz Financial Services Inc.’s holdings in Pearson were worth $769,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. grew its stake in Pearson by 2.1% in the first quarter. Goldman Sachs Group Inc. now owns 2,144,680 shares of the company’s stock worth $34,336,000 after purchasing an additional 44,349 shares in the last quarter. Invesco Ltd. grew its stake in Pearson by 22.5% in the third quarter. Invesco Ltd. now owns 849,330 shares of the company’s stock worth $12,027,000 after purchasing an additional 156,080 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Pearson by 12.8% in the third quarter. Arrowstreet Capital Limited Partnership now owns 790,929 shares of the company’s stock worth $11,200,000 after purchasing an additional 90,027 shares in the last quarter. Millennium Management LLC bought a new position in Pearson in the first quarter worth approximately $11,546,000. Finally, Optiver Holding B.V. bought a new position in Pearson in the third quarter worth approximately $10,104,000. Institutional investors own 2.14% of the company’s stock.

Pearson Stock Down 0.5%

Shares of Pearson stock opened at $15.03 on Friday. The company has a 50-day simple moving average of $14.16 and a two-hundred day simple moving average of $13.55. Pearson, PLC has a one year low of $12.02 and a one year high of $16.18. The company has a current ratio of 2.00, a quick ratio of 1.94 and a debt-to-equity ratio of 0.39.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut Pearson from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

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.