Jane Street Group LLC cut its holdings in Pearson PLC (NYSE:PSO) by 47.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 713,708 shares of the company’s stock after selling 642,301 shares during the quarter. Jane Street Group LLC owned about 0.09% of Pearson worth $5,810,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Morgan Stanley lifted its stake in shares of Pearson by 17.3% in the first quarter. Morgan Stanley now owns 223,462 shares of the company’s stock worth $1,894,000 after buying an additional 32,939 shares during the last quarter. Credit Suisse AG lifted its stake in shares of Pearson by 10.0% in the first quarter. Credit Suisse AG now owns 200,000 shares of the company’s stock worth $1,696,000 after buying an additional 18,213 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of Pearson by 127.2% in the second quarter. Bank of Montreal Can now owns 182,381 shares of the company’s stock worth $1,636,000 after buying an additional 102,092 shares during the last quarter. US Bancorp DE lifted its stake in shares of Pearson by 1.5% in the second quarter. US Bancorp DE now owns 12,051 shares of the company’s stock worth $109,000 after buying an additional 179 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in shares of Pearson by 16.3% in the second quarter. Advisors Asset Management Inc. now owns 210,368 shares of the company’s stock worth $1,887,000 after buying an additional 29,470 shares during the last quarter. Hedge funds and other institutional investors own 1.37% of the company’s stock.

PSO has been the subject of a number of analyst reports. Deutsche Bank cut shares of Pearson from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. BNP Paribas upgraded shares of Pearson from an “underperform” rating to an “outperform” rating in a research note on Wednesday, September 27th. Finally, Zacks Investment Research upgraded shares of Pearson from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research note on Thursday, November 16th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. Pearson has an average rating of “Hold” and a consensus target price of $10.00.

Pearson PLC (NYSE PSO) traded up $0.02 during trading hours on Friday, reaching $9.87. 412,631 shares of the company traded hands, compared to its average volume of 325,024. Pearson PLC has a 1 year low of $7.04 and a 1 year high of $10.31. The company has a quick ratio of 1.49, a current ratio of 1.62 and a debt-to-equity ratio of 0.46.

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Pearson Company Profile

Pearson plc (Pearson) is a learning company. The Company delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The Company operates through three segments, which include North America, Core and Growth.

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Institutional Ownership by Quarter for Pearson (NYSE:PSO)

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