Pearson, PLC (NYSE:PSO) Receives Average Recommendation of “Hold” from Analysts

Shares of Pearson, PLC (NYSE:PSO) have received an average recommendation of “Hold” from the six research firms that are covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Several research analysts have weighed in on PSO shares. JPMorgan Chase & Co. restated a “neutral” rating on shares of Pearson in a research note on Tuesday, July 14th. Wall Street Zen downgraded shares of Pearson from a “buy” rating to a “hold” rating in a report on Monday, May 18th. Finally, Weiss Ratings upgraded shares of Pearson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, June 4th.

Pearson Stock Performance

Shares of PSO opened at $17.45 on Wednesday. The business’s 50 day moving average is $15.82 and its 200 day moving average is $14.26. Pearson has a 12-month low of $12.02 and a 12-month high of $17.66. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.00 and a quick ratio of 1.94.

Institutional Trading of Pearson

Several hedge funds have recently bought and sold shares of the stock. O Shaughnessy Asset Management LLC boosted its holdings in shares of Pearson by 2.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 42,183 shares of the company’s stock valued at $592,000 after purchasing an additional 863 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Pearson by 12.3% in the fourth quarter. GAMMA Investing LLC now owns 8,397 shares of the company’s stock worth $118,000 after purchasing an additional 922 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Pearson by 3.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 24,482 shares of the company’s stock worth $344,000 after purchasing an additional 930 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Pearson by 54.2% in the fourth quarter. Farther Finance Advisors LLC now owns 2,947 shares of the company’s stock worth $41,000 after buying an additional 1,036 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Pearson by 1.9% during the first quarter. Bank of New York Mellon Corp now owns 56,380 shares of the company’s stock valued at $740,000 after buying an additional 1,071 shares during the last quarter. Hedge funds and other institutional investors own 2.14% of the company’s stock.

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.