Pearson, PLC (NYSE:PSO) Receives Average Rating of “Moderate Buy” from Analysts

Pearson, PLC (NYSE:PSO) has earned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company.

Separately, Wall Street Zen downgraded Pearson from a “buy” rating to a “hold” rating in a research note on Monday, May 18th.

Pearson Trading Up 3.1%

Shares of NYSE PSO opened at $15.29 on Tuesday. Pearson has a 52 week low of $12.02 and a 52 week high of $16.05. The business has a 50-day simple moving average of $14.24 and a two-hundred day simple moving average of $13.58. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.94 and a current ratio of 2.00.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in PSO. AQR Capital Management LLC boosted its position in shares of Pearson by 16.2% during the 1st quarter. AQR Capital Management LLC now owns 71,670 shares of the company’s stock valued at $1,147,000 after acquiring an additional 9,977 shares during the last quarter. Millennium Management LLC bought a new stake in shares of Pearson during the 1st quarter valued at about $11,546,000. NewEdge Advisors LLC boosted its position in shares of Pearson by 10,532.1% during the 1st quarter. NewEdge Advisors LLC now owns 25,836 shares of the company’s stock valued at $414,000 after acquiring an additional 25,593 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Pearson by 2.1% during the 1st 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 last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Pearson by 672.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 261,605 shares of the company’s stock valued at $3,906,000 after acquiring an additional 227,725 shares during the last quarter. Institutional investors 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.