Wall Street Zen Upgrades Pearson (NYSE:PSO) to “Strong-Buy”

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

Separately, BNP Paribas raised shares of Pearson from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th.

Pearson Stock Up 5.1%

Shares of NYSE PSO opened at $14.96 on Friday. Pearson has a 12-month low of $13.10 and a 12-month high of $17.90. The stock has a market cap of $9.77 billion, a PE ratio of 15.91, a P/E/G ratio of 2.64 and a beta of 0.58. The company has a current ratio of 1.85, a quick ratio of 1.80 and a debt-to-equity ratio of 0.29. The company has a 50-day moving average of $14.77 and a 200 day moving average of $15.72.

Institutional Trading of Pearson

Hedge funds have recently made changes to their positions in the company. TD Private Client Wealth LLC grew its stake in shares of Pearson by 1,798.8% in the 1st quarter. TD Private Client Wealth LLC now owns 1,633 shares of the company’s stock valued at $26,000 after buying an additional 1,547 shares during the period. Brooklyn Investment Group grew its stake in shares of Pearson by 308.3% in the 1st quarter. Brooklyn Investment Group now owns 2,356 shares of the company’s stock valued at $38,000 after buying an additional 1,779 shares during the period. Global Trust Asset Management LLC purchased a new stake in shares of Pearson in the 2nd quarter valued at approximately $64,000. CWM LLC grew its stake in shares of Pearson by 43.6% in the 1st quarter. CWM LLC now owns 4,140 shares of the company’s stock valued at $66,000 after buying an additional 1,256 shares during the period. Finally, Hilltop National Bank purchased a new stake in shares of Pearson in the 2nd quarter valued at approximately $83,000. Hedge funds and other institutional investors own 2.14% of the company’s stock.

About Pearson

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.