Aaron Wealth Advisors LLC Purchases New Stake in Pearson, PLC $PSO

Aaron Wealth Advisors LLC acquired a new position in Pearson, PLC (NYSE:PSO) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 39,412 shares of the company’s stock, valued at approximately $517,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC raised its position in shares of Pearson by 952.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,757 shares of the company’s stock valued at $25,000 after acquiring an additional 1,590 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in Pearson in the fourth quarter valued at about $35,000. Farther Finance Advisors LLC increased its holdings in Pearson by 54.2% in the fourth quarter. Farther Finance Advisors LLC now owns 2,947 shares of the company’s stock valued at $41,000 after purchasing an additional 1,036 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Pearson in the fourth quarter valued at about $42,000. Finally, Smartleaf Asset Management LLC lifted its stake in Pearson by 31.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 7,758 shares of the company’s stock valued at $110,000 after buying an additional 1,874 shares during the period. 2.14% of the stock is owned by institutional investors.

Pearson Trading Down 0.0%

PSO opened at $15.54 on Monday. Pearson, PLC has a 12 month low of $12.02 and a 12 month high of $15.64. 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 company has a fifty day simple moving average of $15.00 and a 200 day simple moving average of $13.86.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Weiss Ratings upgraded Pearson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, June 4th. Wall Street Zen downgraded shares of Pearson from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Pearson Profile

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.