Pearson, PLC (NYSE:PSO – Get Free Report) has earned a consensus recommendation of “Hold” from the six brokerages that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company.
PSO has been the topic of a number of recent analyst reports. The Goldman Sachs Group downgraded shares of Pearson from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 4th. Weiss Ratings upgraded Pearson from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, October 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Pearson in a research report on Monday, August 3rd. Citigroup reissued a “neutral” rating on shares of Pearson in a research report on Wednesday, October 21st. Finally, Kepler Capital Markets cut shares of Pearson from a “hold” rating to a “strong sell” rating in a report on Monday, September 7th.
Get Our Latest Analysis on Pearson
Institutional Trading of Pearson
A number of institutional investors and hedge funds have recently modified their holdings of the business. Arrowstreet Capital Limited Partnership boosted its stake in Pearson by 72.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,645,461 shares of the company’s stock valued at $21,605,000 after purchasing an additional 691,339 shares during the period. Quantinno Capital Management LP raised its position in Pearson by 16.8% in the first quarter. Quantinno Capital Management LP now owns 512,854 shares of the company’s stock worth $6,734,000 after acquiring an additional 73,788 shares in the last quarter. QRG Capital Management Inc. lifted its position in shares of Pearson by 26.4% during the 2nd quarter. QRG Capital Management Inc. now owns 224,809 shares of the company’s stock valued at $3,572,000 after acquiring an additional 47,023 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Pearson by 1.9% during the 1st quarter. Bank of New York Mellon Corp now owns 56,380 shares of the company’s stock worth $740,000 after buying an additional 1,071 shares during the period. Finally, Sequoia Financial Advisors LLC raised its holdings in shares of Pearson by 3.4% during the second quarter. Sequoia Financial Advisors LLC now owns 40,867 shares of the company’s stock valued at $649,000 after acquiring an additional 1,334 shares during the period. 2.14% of the stock is owned by institutional investors and hedge funds.
Pearson Price Performance
PSO opened at $17.50 on Friday. The company’s 50 day simple moving average is $16.64 and its 200 day simple moving average is $15.04. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.00 and a quick ratio of 1.94. Pearson has a 1 year low of $12.02 and a 1 year high of $18.43.
Pearson Company Profile
Pearson plc is a global education company that provides learning, assessment and workforce-skills services to individuals, schools, colleges, universities, businesses and governments. Its offerings include digital learning platforms, online courseware, textbooks, academic and professional assessments, qualifications, English-language learning programs and career-development solutions.
The company serves customers across numerous international markets, with operations and products supporting learners and educational institutions in North America, the United Kingdom, Europe, Asia-Pacific and other regions.
Featured Articles
- Five stocks we like better than Pearson
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for Pearson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearson and related companies with MarketBeat.com's FREE daily email newsletter.
