Pearson, PLC (NYSE:PSO) Given Average Rating of “Hold” by Analysts

Pearson, PLC (NYSE:PSO) has been assigned a consensus rating of “Hold” from the six analysts that are currently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

Several analysts have weighed in on PSO shares. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Pearson in a research report on Tuesday, July 14th. Weiss Ratings raised shares of Pearson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. Finally, Wall Street Zen downgraded shares of Pearson from a “buy” rating to a “hold” rating in a research note on Monday, May 18th.

Hedge Funds Weigh In On Pearson

A number of hedge funds have recently modified their holdings of the company. AQR Capital Management LLC grew its position in shares of Pearson by 16.2% in the 1st quarter. AQR Capital Management LLC now owns 71,670 shares of the company’s stock worth $1,147,000 after buying an additional 9,977 shares during the last quarter. Millennium Management LLC purchased a new stake in Pearson in the first quarter worth $11,546,000. NewEdge Advisors LLC lifted its stake in Pearson by 10,532.1% in the first quarter. NewEdge Advisors LLC now owns 25,836 shares of the company’s stock worth $414,000 after acquiring an additional 25,593 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Pearson by 2.1% in the first 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 in the last quarter. Finally, JPMorgan Chase & Co. increased its position in 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 purchasing an additional 227,725 shares during the period. Hedge funds and other institutional investors own 2.14% of the company’s stock.

Pearson Trading Up 0.1%

NYSE PSO opened at $16.30 on Wednesday. Pearson has a 1-year low of $12.02 and a 1-year high of $17.66. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.00 and a quick ratio of 1.94. The stock has a 50-day moving average of $15.75 and a 200-day moving average of $14.22.

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.