Pearson (NYSE:PSO) Upgraded by Wall Street Zen to “Strong-Buy” Rating

Pearson (NYSE:PSO) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Sunday.

PSO has been the subject of several other research reports. National Bankshares set a $18.00 target price on Pearson in a research note on Tuesday, February 18th. The Goldman Sachs Group initiated coverage on Pearson in a research report on Wednesday, March 26th. They issued a “buy” rating for the company.

Pearson Stock Down 1.6%

Shares of Pearson stock opened at $14.61 on Friday. The company has a current ratio of 1.78, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. Pearson has a 1 year low of $11.99 and a 1 year high of $17.90. The stock has a 50-day moving average price of $15.76 and a 200 day moving average price of $16.07. The company has a market cap of $9.66 billion, a P/E ratio of 15.54, a P/E/G ratio of 2.65 and a beta of 0.60.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. TD Private Client Wealth LLC lifted its holdings in shares of Pearson by 1,798.8% in the first quarter. TD Private Client Wealth LLC now owns 1,633 shares of the company’s stock valued at $26,000 after purchasing an additional 1,547 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in Pearson during the fourth quarter worth about $27,000. Brooklyn Investment Group raised its holdings in Pearson by 308.3% during the first quarter. Brooklyn Investment Group now owns 2,356 shares of the company’s stock worth $38,000 after acquiring an additional 1,779 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in Pearson by 228.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,044 shares of the company’s stock worth $65,000 after acquiring an additional 2,811 shares in the last quarter. Finally, CWM LLC raised its holdings in Pearson by 43.6% during the first quarter. CWM LLC now owns 4,140 shares of the company’s stock worth $66,000 after acquiring an additional 1,256 shares in the last quarter. 2.14% of the stock is currently owned by institutional investors.

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.