Pearson (NYSE:PSO) Rating Lowered to "Hold" at Wall Street Zen

Key Points

• Pearson's stock rating was downgraded from a "strong-buy" to a "hold" by Wall Street Zen in a recent research report.
• Deutsche Bank reaffirmed its "hold" rating on Pearson, while BNP Paribas upgraded it to a "strong-buy" earlier in the summer.
• Pearson's market capitalization is currently $9.44 billion, with a PE ratio of 15.38 and a 52-week price range between $13.10 and $17.90.

Pearson (NYSE:PSO - Get Free Report) was downgraded by analysts at Wall Street Zen from a "strong-buy" rating to a "hold" rating in a research report issued on Monday.

Several other equities research analysts also recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Pearson in a report on Monday, August 4th. BNP Paribas raised shares of Pearson from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th.

Pearson Price Performance

NYSE PSO opened at $14.46 on Monday. The company has a market cap of $9.44 billion, a PE ratio of 15.38, a price-to-earnings-growth ratio of 2.43 and a beta of 0.58. Pearson has a 52 week low of $13.10 and a 52 week high of $17.90. The company has a quick ratio of 2.24, a current ratio of 2.31 and a debt-to-equity ratio of 0.40. The firm's 50-day simple moving average is $14.61 and its two-hundred day simple moving average is $15.68.

Institutional Investors Weigh In On Pearson

Institutional investors and hedge funds have recently modified their holdings of the company. TD Private Client Wealth LLC increased its position in shares of Pearson by 1,798.8% in the first quarter. TD Private Client Wealth LLC now owns 1,633 shares of the company's stock worth $26,000 after purchasing an additional 1,547 shares during the last quarter. First Horizon Advisors Inc. increased its position in shares of Pearson by 3,131.8% in the second quarter. First Horizon Advisors Inc. now owns 2,133 shares of the company's stock worth $32,000 after purchasing an additional 2,067 shares during the last quarter. Brooklyn Investment Group increased its position in shares of Pearson by 308.3% in the first quarter. Brooklyn Investment Group now owns 2,356 shares of the company's stock worth $38,000 after purchasing an additional 1,779 shares during the last quarter. Global Trust Asset Management LLC bought a new position in shares of Pearson in the second quarter worth approximately $64,000. Finally, CWM LLC increased its position in shares of Pearson by 43.6% in the first quarter. CWM LLC now owns 4,140 shares of the company's stock worth $66,000 after purchasing an additional 1,256 shares during the last quarter. 2.14% of the stock is owned by hedge funds and other institutional investors.

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.

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