StockNews.com Upgrades Pearson (NYSE:PSO) to Buy

Pearson (NYSE:PSO) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Thursday.

Separately, Citigroup raised Pearson to a “strong-buy” rating in a research note on Tuesday, July 30th.

Pearson Stock Performance

NYSE:PSO opened at $15.52 on Thursday. The business has a 50 day simple moving average of $13.87 and a 200 day simple moving average of $13.11. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.72 and a current ratio of 1.78. Pearson has a 12-month low of $11.64 and a 12-month high of $15.54.

Institutional Investors Weigh In On Pearson

A number of institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC raised its holdings in Pearson by 88.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,421 shares of the company’s stock worth $29,000 after acquiring an additional 1,138 shares during the period. GAMMA Investing LLC raised its position in shares of Pearson by 43.2% during the second quarter. GAMMA Investing LLC now owns 2,782 shares of the company’s stock worth $35,000 after acquiring an additional 839 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Pearson by 86.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,145 shares of the company’s stock worth $43,000 after buying an additional 1,462 shares during the period. SageView Advisory Group LLC acquired a new position in shares of Pearson during the 1st quarter worth about $42,000. Finally, CWM LLC lifted its holdings in Pearson by 22.5% during the second quarter. CWM LLC now owns 4,650 shares of the company’s stock worth $58,000 after acquiring an additional 855 shares in the last quarter. Institutional investors and hedge funds own 2.14% of the company’s stock.

Pearson Company 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.