Pearson (NYSE:PSO) Downgraded to “Strong Sell” Rating by Kepler Capital Markets

Pearson (NYSE:PSO) was downgraded by stock analysts at Kepler Capital Markets from a “hold” rating to a “strong sell” rating in a note issued to investors on Monday, Zacks reports.

Several other research firms also recently issued reports on PSO. Citigroup downgraded shares of Pearson from a “buy” rating to a “neutral” rating in a report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Pearson in a research report on Monday, August 3rd. Wall Street Zen lowered shares of Pearson from a “buy” rating to a “hold” rating in a research note on Sunday. The Goldman Sachs Group cut shares of Pearson from a “buy” rating to a “neutral” rating in a report on Tuesday, August 4th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Pearson in a research note on Tuesday, September 1st. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Pearson Stock Down 1.8%

Pearson stock opened at $15.69 on Monday. The company has a current ratio of 2.00, a quick ratio of 1.94 and a debt-to-equity ratio of 0.50. The stock has a 50-day moving average of $16.54 and a two-hundred day moving average of $15.01. Pearson has a one year low of $12.02 and a one year high of $17.75.

Hedge Funds Weigh In On Pearson

Institutional investors have recently bought and sold shares of the business. Syon Capital LLC lifted its stake in Pearson by 14.8% during the 2nd quarter. Syon Capital LLC now owns 28,322 shares of the company’s stock valued at $450,000 after acquiring an additional 3,654 shares during the period. GAMMA Investing LLC increased its stake in shares of Pearson by 44.3% in the second quarter. GAMMA Investing LLC now owns 8,880 shares of the company’s stock worth $141,000 after acquiring an additional 2,727 shares during the period. Versant Capital Management Inc increased its stake in shares of 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 acquiring an additional 9,275 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Pearson by 30.0% during the first 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 last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Pearson by 86.5% during the first quarter. Royal Bank of Canada now owns 5,613 shares of the company’s stock worth $74,000 after purchasing an additional 2,604 shares during the last quarter. 2.14% of the stock is owned by hedge funds and other institutional investors.

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.