Pearson, PLC (NYSE:PSO) Given Average Recommendation of “Moderate Buy” by Brokerages

Pearson, PLC (NYSE:PSO) has been assigned an average rating of “Moderate Buy” from the seven analysts that are presently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

Several brokerages have recently commented on PSO. Kepler Capital Markets raised Pearson from a “reduce” rating to a “hold” rating in a research note on Friday, January 23rd. Citigroup started coverage on Pearson in a research report on Monday, January 12th. They issued a “buy” rating for the company. Finally, Weiss Ratings downgraded shares of Pearson from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th.

Pearson Trading Up 1.0%

PSO opened at $12.60 on Friday. Pearson has a fifty-two week low of $12.02 and a fifty-two week high of $17.90. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.24 and a current ratio of 2.31. The company’s 50-day moving average is $13.29 and its 200 day moving average is $13.76.

Institutional Trading of Pearson

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Morgan Stanley boosted its holdings in Pearson by 34.4% in the 4th quarter. Morgan Stanley now owns 3,971,424 shares of the company’s stock valued at $55,759,000 after purchasing an additional 1,015,739 shares during the period. Goldman Sachs Group Inc. boosted its stake in Pearson by 13.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,250,970 shares of the company’s stock valued at $31,604,000 after buying an additional 266,782 shares during the period. Invesco Ltd. grew its position in Pearson by 32.1% during the fourth quarter. Invesco Ltd. now owns 1,122,325 shares of the company’s stock worth $15,757,000 after buying an additional 272,995 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Pearson by 12.8% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 790,929 shares of the company’s stock worth $11,200,000 after acquiring an additional 90,027 shares during the last quarter. Finally, Millennium Management LLC purchased a new stake in shares of Pearson in the 1st quarter valued at about $11,546,000. Institutional investors own 2.14% of the company’s stock.

Pearson Company Profile

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.