Pearson, PLC (NYSE:PSO) Given Consensus Rating of “Moderate Buy” by Analysts

Pearson, PLC (NYSE:PSO) has received an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company.

PSO has been the subject of several research reports. Citigroup assumed coverage on shares of Pearson in a research report on Monday, January 12th. They issued a “buy” rating for the company. Kepler Capital Markets upgraded Pearson from a “reduce” rating to a “hold” rating in a report on Friday, January 23rd. Finally, Weiss Ratings lowered Pearson from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th.

Pearson Trading Up 1.0%

PSO stock opened at $12.60 on Friday. The firm has a 50 day simple moving average of $13.29 and a two-hundred day simple moving average of $13.76. Pearson has a one year low of $12.02 and a one year high of $17.90. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.31 and a quick ratio of 2.24.

Institutional Investors Weigh In On Pearson

Hedge funds have recently made changes to their positions in the business. Assetmark Inc. grew its holdings in shares of Pearson by 68.2% in the second quarter. Assetmark Inc. now owns 10,432 shares of the company’s stock worth $156,000 after purchasing an additional 4,230 shares during the last quarter. ABC Arbitrage SA purchased a new stake in Pearson during the 3rd quarter valued at $3,094,000. Atria Investments Inc grew its holdings in Pearson by 62.0% in the 2nd quarter. Atria Investments Inc now owns 52,557 shares of the company’s stock worth $785,000 after acquiring an additional 20,118 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Pearson by 25.5% in the second quarter. Envestnet Asset Management Inc. now owns 189,991 shares of the company’s stock valued at $2,837,000 after acquiring an additional 38,578 shares during the period. Finally, Fox Run Management L.L.C. bought a new position in shares of Pearson during the second quarter valued at about $327,000. 2.14% of the stock is currently owned by institutional investors.

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.