Pearson (NYSE:PSO) Stock Rating Lowered by Wall Street Zen

Key Points

• Pearson has been downgraded from a "buy" rating to a "hold" rating by Wall Street Zen, indicating a more cautious outlook on the company's stock.
• In contrast, BNP Paribas recently upgraded Pearson from a "hold" to a "strong-buy" rating, showing mixed sentiments among analysts.
• Pearson's current stock price is $14.32 with a market capitalization of approximately $9.35 billion, reflecting its valuation and financial performance in the educational services market.

Wall Street Zen cut shares of Pearson (NYSE:PSO - Free Report) from a buy rating to a hold rating in a research report sent to investors on Saturday morning.

Separately, BNP Paribas upgraded shares of Pearson from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 27th.

Pearson Stock Performance

PSO traded up $0.04 during trading on Friday, hitting $14.19. The stock had a trading volume of 489,247 shares, compared to its average volume of 594,449. The firm has a market cap of $9.26 billion, a PE ratio of 15.09, a P/E/G ratio of 2.49 and a beta of 0.56. Pearson has a 12 month low of $13.10 and a 12 month high of $17.90. The company has a current ratio of 1.85, a quick ratio of 1.80 and a debt-to-equity ratio of 0.29. The company has a 50 day simple moving average of $14.90 and a 200-day simple moving average of $15.74.

Institutional Trading of Pearson

Several institutional investors have recently made changes to their positions in PSO. Millennium Management LLC acquired a new stake in shares of Pearson during the 1st quarter valued at about $11,546,000. Northern Trust Corp lifted its holdings in Pearson by 69.0% during the 4th quarter. Northern Trust Corp now owns 705,622 shares of the company's stock valued at $11,375,000 after purchasing an additional 288,114 shares during the last quarter. Optiver Holding B.V. lifted its holdings in Pearson by 135.5% during the 4th quarter. Optiver Holding B.V. now owns 495,797 shares of the company's stock valued at $7,992,000 after purchasing an additional 285,234 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Pearson by 49.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 844,228 shares of the company's stock valued at $13,609,000 after purchasing an additional 279,369 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in Pearson during the 1st quarter valued at about $3,401,000. 2.14% of the stock is currently owned by institutional investors and hedge funds.

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.