Pearson, PLC (NYSE:PSO) Receives Average Recommendation of “Hold” from Analysts

Shares of Pearson, PLC (NYSE:PSO) have received a consensus rating of “Hold” from the six research firms that are presently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

Several research analysts have recently commented on the company. Wall Street Zen downgraded Pearson from a “buy” rating to a “hold” rating in a research note on Monday, May 18th. Weiss Ratings raised shares of Pearson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Pearson in a report on Tuesday, July 14th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC grew its holdings in Pearson by 44.3% during the 2nd quarter. GAMMA Investing LLC now owns 8,880 shares of the company’s stock valued at $141,000 after purchasing an additional 2,727 shares during the last quarter. Versant Capital Management Inc grew its stake in Pearson by 77.9% in the second quarter. Versant Capital Management Inc now owns 21,176 shares of the company’s stock worth $336,000 after purchasing an additional 9,275 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Pearson by 30.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 13,350 shares of the company’s stock worth $175,000 after purchasing an additional 3,080 shares during the period. Royal Bank of Canada raised its position in Pearson by 86.5% during the 1st quarter. Royal Bank of Canada now owns 5,613 shares of the company’s stock valued at $74,000 after purchasing an additional 2,604 shares in the last quarter. Finally, Quantinno Capital Management LP raised its position in Pearson by 16.8% during the 1st quarter. Quantinno Capital Management LP now owns 512,854 shares of the company’s stock valued at $6,734,000 after purchasing an additional 73,788 shares in the last quarter. Institutional investors own 2.14% of the company’s stock.

Pearson Stock Up 1.7%

PSO opened at $16.30 on Wednesday. Pearson has a 1-year low of $12.02 and a 1-year high of $17.66. The firm’s 50 day simple moving average is $15.75 and its two-hundred day simple moving average is $14.22. The company has a current ratio of 2.00, a quick ratio of 1.94 and a debt-to-equity ratio of 0.39.

About Pearson

Pearson plc is a global education company headquartered in London, England, with significant operations in North America, Europe, Asia, and Latin America. Tracing its roots back to 1844, Pearson evolved from its early beginnings into one of the world’s leading providers of educational content, digital learning tools, and assessment services. The company’s American subsidiary trades on the New York Stock Exchange under the symbol PSO.

Pearson’s core business encompasses a broad portfolio of products and services for learners, educators, and institutions.