Optiver Holding B.V. Decreases Stake in Pearson plc (NYSE:PSO)

Optiver Holding B.V. decreased its position in Pearson plc (NYSE:PSO) by 65.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 228,078 shares of the company’s stock after selling 440,052 shares during the period. Optiver Holding B.V.’s holdings in Pearson were worth $2,800,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. National Wealth Management Group LLC purchased a new stake in shares of Pearson during the 4th quarter worth approximately $126,000. Sequoia Financial Advisors LLC purchased a new stake in shares of Pearson during the 3rd quarter worth approximately $140,000. Quadrant Capital Group LLC increased its stake in shares of Pearson by 18.0% during the 4th quarter. Quadrant Capital Group LLC now owns 13,473 shares of the company’s stock worth $166,000 after purchasing an additional 2,054 shares during the last quarter. Crane Advisory LLC purchased a new stake in shares of Pearson during the 4th quarter worth approximately $170,000. Finally, QRG Capital Management Inc. purchased a new stake in shares of Pearson during the 3rd quarter worth approximately $177,000. Hedge funds and other institutional investors own 2.14% of the company’s stock.

Pearson Stock Up 1.7 %

NYSE:PSO traded up $0.20 during trading hours on Wednesday, reaching $12.19. The company’s stock had a trading volume of 384,990 shares, compared to its average volume of 403,143. The firm has a 50-day simple moving average of $12.40 and a 200-day simple moving average of $12.33. Pearson plc has a 1 year low of $10.05 and a 1 year high of $13.18. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.73 and a quick ratio of 1.67.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Pearson from a “buy” rating to a “hold” rating in a research note on Monday, May 13th.

Pearson Profile

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.