Jane Street Group LLC Has $5.87 Million Holdings in Pearson (NYSE:PSO)

Jane Street Group LLC cut its position in Pearson (NYSE:PSO) by 16.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 597,940 shares of the company’s stock after selling 115,768 shares during the quarter. Jane Street Group LLC owned approximately 0.08% of Pearson worth $5,872,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Goldman Sachs Group Inc. boosted its position in shares of Pearson by 21.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 244,950 shares of the company’s stock valued at $2,405,000 after purchasing an additional 43,486 shares during the period. Guggenheim Capital LLC boosted its position in shares of Pearson by 25.8% in the 4th quarter. Guggenheim Capital LLC now owns 48,504 shares of the company’s stock valued at $476,000 after purchasing an additional 9,957 shares during the period. Deutsche Bank AG boosted its position in shares of Pearson by 59.4% in the 4th quarter. Deutsche Bank AG now owns 886,901 shares of the company’s stock valued at $8,709,000 after purchasing an additional 330,395 shares during the period. Jefferies Group LLC acquired a new stake in shares of Pearson in the 4th quarter valued at about $207,000. Finally, Mackenzie Financial Corp raised its stake in Pearson by 102.0% during the 4th quarter. Mackenzie Financial Corp now owns 94,312 shares of the company’s stock valued at $926,000 after acquiring an additional 47,619 shares during the last quarter. 1.33% of the stock is owned by hedge funds and other institutional investors.

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PSO traded up $0.06 on Friday, hitting $10.36. 406,480 shares of the company traded hands, compared to its average volume of 321,515. The company has a quick ratio of 1.94, a current ratio of 2.03 and a debt-to-equity ratio of 0.27. The company has a market cap of $8,087.54, a PE ratio of 14.80, a P/E/G ratio of 2.62 and a beta of 0.25. Pearson has a 12-month low of $7.62 and a 12-month high of $10.80.

The business also recently disclosed a special dividend, which will be paid on Wednesday, May 16th. Shareholders of record on Friday, April 6th will be paid a dividend of $0.1666 per share. The ex-dividend date of this dividend is Thursday, April 5th. Pearson’s dividend payout ratio is presently 47.14%.

Separately, Zacks Investment Research downgraded Pearson from a “buy” rating to a “hold” rating in a research note on Tuesday, January 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Pearson has an average rating of “Hold” and a consensus price target of $11.00.

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Pearson Profile

Pearson plc provides educational materials and learning technologies for teachers and students worldwide. It operates through North America, Growth, and Core segments. The company offers courseware services, including curriculum materials provided in book form and/or via access to digital content; and assessments, such as test development, processing, and scoring services.

Institutional Ownership by Quarter for Pearson (NYSE:PSO)

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