StockNews.com Lowers Pearson (NYSE:PSO) to Hold

Pearson (NYSE:PSO - Get Free Report) was downgraded by stock analysts at StockNews.com from a "buy" rating to a "hold" rating in a note issued to investors on Wednesday.

Pearson Trading Down 0.8 %

PSO stock traded down $0.10 during midday trading on Wednesday, reaching $12.57. The company had a trading volume of 296,208 shares, compared to its average volume of 396,723. Pearson has a 1 year low of $9.28 and a 1 year high of $13.18. The company has a quick ratio of 1.67, a current ratio of 1.73 and a debt-to-equity ratio of 0.27. The company has a 50 day moving average of $12.55 and a two-hundred day moving average of $12.03.

Institutional Investors Weigh In On Pearson

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Janiczek Wealth Management LLC lifted its position in shares of Pearson by 10.1% in the third quarter. Janiczek Wealth Management LLC now owns 13,013 shares of the company's stock worth $137,000 after buying an additional 1,198 shares during the last quarter. 13D Management LLC lifted its holdings in Pearson by 35.5% in the 3rd quarter. 13D Management LLC now owns 757,583 shares of the company's stock worth $7,985,000 after purchasing an additional 198,674 shares during the last quarter. Mariner LLC lifted its holdings in Pearson by 43.1% in the 3rd quarter. Mariner LLC now owns 132,517 shares of the company's stock worth $1,397,000 after purchasing an additional 39,939 shares during the last quarter. Ballentine Partners LLC lifted its holdings in Pearson by 16.1% in the 4th quarter. Ballentine Partners LLC now owns 20,594 shares of the company's stock worth $253,000 after purchasing an additional 2,849 shares during the last quarter. Finally, QRG Capital Management Inc. acquired a new stake in Pearson in the 3rd quarter worth approximately $177,000. Hedge funds and other institutional investors own 2.14% of the company's stock.

Pearson Company Profile

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.