Pearson (NYSE:PSO) Upgraded at Wall Street Zen

Pearson (NYSE:PSO) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

A number of other research analysts also recently issued reports on PSO. Kepler Capital Markets upgraded shares of Pearson from a “reduce” rating to a “hold” rating in a research note on Friday, January 23rd. Citigroup began coverage on shares of Pearson in a research report on Monday, January 12th. They issued a “buy” rating on the stock. Finally, Weiss Ratings lowered shares of Pearson from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Pearson Trading Down 3.2%

Shares of PSO opened at $12.74 on Friday. Pearson has a 1 year low of $12.02 and a 1 year high of $16.67. The company has a current ratio of 2.00, a quick ratio of 1.94 and a debt-to-equity ratio of 0.39. The stock has a 50-day simple moving average of $12.85 and a 200-day simple moving average of $13.54.

Institutional Trading of Pearson

Hedge funds and other institutional investors have recently made changes to their positions in the company. AQR Capital Management LLC boosted its position in shares of Pearson by 16.2% in the 1st quarter. AQR Capital Management LLC now owns 71,670 shares of the company’s stock valued at $1,147,000 after purchasing an additional 9,977 shares during the period. Millennium Management LLC purchased a new stake in Pearson in the first quarter valued at approximately $11,546,000. NewEdge Advisors LLC lifted its stake in Pearson by 10,532.1% in the first quarter. NewEdge Advisors LLC now owns 25,836 shares of the company’s stock valued at $414,000 after buying an additional 25,593 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Pearson by 2.1% in the first quarter. Goldman Sachs Group Inc. now owns 2,144,680 shares of the company’s stock valued at $34,336,000 after acquiring an additional 44,349 shares during the period. Finally, Bank of Montreal Can purchased a new position in shares of Pearson during the second quarter worth approximately $159,000. Institutional investors and hedge funds 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.