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

Pearson (NYSE:PSO) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other research analysts have also commented on the stock. Weiss Ratings upgraded shares of Pearson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Pearson in a research report on Monday, August 3rd. JPMorgan Chase & Co. restated a “neutral” rating on shares of Pearson in a report on Tuesday, July 14th. Finally, The Goldman Sachs Group downgraded Pearson from a “buy” rating to a “neutral” rating in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Pearson Stock Down 0.1%

Shares of PSO opened at $16.71 on Friday. The company’s 50-day moving average is $16.42 and its 200-day moving average is $14.83. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.00 and a quick ratio of 1.94. Pearson has a fifty-two week low of $12.02 and a fifty-two week high of $17.75.

Hedge Funds Weigh In On Pearson

A number of hedge funds have recently bought and sold shares of the business. Syon Capital LLC boosted its holdings in Pearson by 14.8% in the 2nd quarter. Syon Capital LLC now owns 28,322 shares of the company’s stock valued at $450,000 after purchasing an additional 3,654 shares during the period. GAMMA Investing LLC grew its position in shares of Pearson by 44.3% during the 2nd quarter. GAMMA Investing LLC now owns 8,880 shares of the company’s stock worth $141,000 after purchasing an additional 2,727 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of Pearson by 77.9% during the second quarter. Versant Capital Management Inc now owns 21,176 shares of the company’s stock worth $336,000 after purchasing an additional 9,275 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Pearson by 30.0% during the first quarter. EverSource Wealth Advisors LLC now owns 13,350 shares of the company’s stock worth $175,000 after purchasing an additional 3,080 shares during the period. Finally, Royal Bank of Canada raised its position in shares of Pearson by 86.5% in the first quarter. Royal Bank of Canada now owns 5,613 shares of the company’s stock valued at $74,000 after buying an additional 2,604 shares in the last quarter. 2.14% of the stock is owned by institutional investors.

Pearson Company Profile

Pearson plc is a global education company headquartered in London, England, with significant operations in North America, Europe, Asia, and Latin America. Tracing its roots back to 1844, Pearson evolved from its early beginnings into one of the world’s leading providers of educational content, digital learning tools, and assessment services. The company’s American subsidiary trades on the New York Stock Exchange under the symbol PSO.

Pearson’s core business encompasses a broad portfolio of products and services for learners, educators, and institutions.