Pearson (NYSE:PSO) Upgraded at Wall Street Zen

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

A number of other research analysts have also issued reports on PSO. 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. National Bankshares set a $18.00 target price on Pearson in a research note on Tuesday, February 18th.

Pearson Stock Up 1.1%

Pearson stock traded up $0.16 during midday trading on Friday, reaching $14.57. The company's stock had a trading volume of 641,136 shares, compared to its average volume of 486,646. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.85 and a quick ratio of 1.80. The stock has a market capitalization of $9.64 billion, a P/E ratio of 15.49, a PEG ratio of 2.26 and a beta of 0.60. The stock's 50-day simple moving average is $15.70 and its 200-day simple moving average is $16.05. Pearson has a 52-week low of $12.16 and a 52-week high of $17.90.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in PSO. Savant Capital LLC acquired a new position in shares of Pearson during the 4th quarter worth about $181,000. Truist Financial Corp increased its stake in Pearson by 15.9% during the 4th quarter. Truist Financial Corp now owns 11,842 shares of the company's stock worth $191,000 after buying an additional 1,625 shares in the last quarter. Callan Capital LLC raised its holdings in shares of Pearson by 17.2% during the fourth quarter. Callan Capital LLC now owns 17,965 shares of the company's stock valued at $290,000 after acquiring an additional 2,638 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Pearson by 6.3% in the fourth quarter. Bank of New York Mellon Corp now owns 54,255 shares of the company's stock valued at $875,000 after acquiring an additional 3,203 shares in the last quarter. Finally, QRG Capital Management Inc. boosted its stake in shares of 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 acquiring an additional 24,699 shares during the last quarter. 2.14% of the stock is 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.