Pearson (NYSE:PSO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Pearson (NYSE:PSO) from a buy rating to a strong-buy rating in a research report sent to investors on Sunday morning.

A number of other research analysts also recently issued reports on PSO. National Bankshares set a $18.00 target price on shares of Pearson in a research report on Tuesday, February 18th. The Goldman Sachs Group began coverage on shares of Pearson in a research report on Wednesday, March 26th. They set a “buy” rating on the stock.

Pearson Stock Performance

Pearson stock opened at $14.61 on Friday. The company has a current ratio of 1.78, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. Pearson has a 1 year low of $11.99 and a 1 year high of $17.90. The company has a market cap of $9.66 billion, a PE ratio of 15.54, a PEG ratio of 2.65 and a beta of 0.60. The company’s 50-day moving average is $15.76 and its two-hundred day moving average is $16.08.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PSO. Savant Capital LLC bought a new position in Pearson during the 4th quarter worth approximately $181,000. Truist Financial Corp raised its holdings in Pearson by 15.9% during the 4th quarter. Truist Financial Corp now owns 11,842 shares of the company’s stock worth $191,000 after buying an additional 1,625 shares during the period. Callan Capital LLC raised its holdings in Pearson by 17.2% during the 4th quarter. Callan Capital LLC now owns 17,965 shares of the company’s stock worth $290,000 after buying an additional 2,638 shares during the period. Bank of New York Mellon Corp raised its holdings in Pearson by 6.3% during the 4th quarter. Bank of New York Mellon Corp now owns 54,255 shares of the company’s stock worth $875,000 after buying an additional 3,203 shares during the period. Finally, QRG Capital Management Inc. raised its holdings in Pearson by 99.4% during the 4th quarter. QRG Capital Management Inc. now owns 49,541 shares of the company’s stock worth $799,000 after buying an additional 24,699 shares during the period. Institutional investors own 2.14% of the company’s stock.

About Pearson

Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills, and Higher Education.