Pearson, PLC (NYSE:PSO) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Pearson, PLC (NYSE:PSO) have received an average rating of “Moderate Buy” from the seven analysts that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.

A number of equities analysts have issued reports on PSO shares. Kepler Capital Markets upgraded shares of Pearson from a “reduce” rating to a “hold” rating in a research report on Friday, January 23rd. Citigroup initiated coverage on Pearson in a research report on Monday, January 12th. They issued a “buy” rating on the stock. Finally, Weiss Ratings downgraded Pearson from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th.

Institutional Trading of Pearson

Institutional investors and hedge funds have recently modified their holdings of the company. Morgan Stanley lifted its holdings in shares of Pearson by 34.4% in the fourth quarter. Morgan Stanley now owns 3,971,424 shares of the company’s stock worth $55,759,000 after buying an additional 1,015,739 shares in the last quarter. Millennium Management LLC bought a new position in Pearson in the 1st quarter worth about $11,546,000. Optiver Holding B.V. purchased a new position in shares of Pearson during the third quarter valued at $10,104,000. Qube Research & Technologies Ltd raised its stake in Pearson by 1,072.4% in the second quarter. Qube Research & Technologies Ltd now owns 605,707 shares of the company’s stock worth $9,043,000 after buying an additional 554,044 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in Pearson in the fourth quarter worth about $6,515,000. 2.14% of the stock is currently owned by institutional investors.

Pearson Price Performance

NYSE PSO opened at $12.89 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.24 and a current ratio of 2.31. The company has a 50-day simple moving average of $13.16 and a two-hundred day simple moving average of $13.70. Pearson has a 12-month low of $12.02 and a 12-month high of $17.90.

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.