Pearson (NYSE:PSO - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research report issued to clients and investors on Saturday.
A number of other equities research analysts have also recently commented on the stock. National Bankshares set a $18.00 price objective on shares of Pearson in a research note on Tuesday, February 18th. The Goldman Sachs Group began coverage on shares of Pearson in a research note on Wednesday, March 26th. They set a "buy" rating on the stock.
Read Our Latest Stock Analysis on PSO
Pearson Stock Performance
Shares of PSO opened at $15.00 on Friday. The company has a 50-day simple moving average of $15.82 and a 200-day simple moving average of $16.09. The company has a quick ratio of 1.72, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $9.93 billion, a PE ratio of 15.96, a P/E/G ratio of 2.65 and a beta of 0.60. Pearson has a 52-week low of $11.93 and a 52-week high of $17.90.
Institutional Trading of Pearson
A number of hedge funds have recently made changes to their positions in PSO. SBI Securities Co. Ltd. bought a new position in Pearson during the 4th quarter worth approximately $27,000. Arrowstreet Capital Limited Partnership boosted its holdings in Pearson by 49.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 844,228 shares of the company's stock worth $13,609,000 after purchasing an additional 279,369 shares during the period. QRG Capital Management Inc. boosted its holdings in Pearson by 99.4% in the fourth quarter. QRG Capital Management Inc. now owns 49,541 shares of the company's stock worth $799,000 after purchasing an additional 24,699 shares during the period. ABC Arbitrage SA acquired a new position in Pearson in the fourth quarter worth $4,780,000. Finally, Bank of America Corp DE boosted its holdings in Pearson by 20.6% in the fourth quarter. Bank of America Corp DE now owns 190,405 shares of the company's stock worth $3,069,000 after purchasing an additional 32,574 shares during the period. Hedge funds and other institutional investors own 2.14% of the company's stock.
About Pearson
(
Get Free Report)
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.
Further Reading
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