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

Pearson (NYSE:PSO) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Sunday, Wall Street Zen reports.

A number of other equities analysts have also recently commented on PSO. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Pearson in a report on Monday, August 3rd. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Pearson in a research note on Tuesday, July 14th. Citigroup downgraded shares of Pearson from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 2nd. The Goldman Sachs Group lowered shares of Pearson from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 4th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Pearson in a report on Tuesday, September 1st. One analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Pearson Stock Performance

Shares of NYSE PSO opened at $15.98 on Friday. The company has a current ratio of 2.00, a quick ratio of 1.94 and a debt-to-equity ratio of 0.50. Pearson has a twelve month low of $12.02 and a twelve month high of $17.75. The stock has a 50 day moving average of $16.54 and a two-hundred day moving average of $14.99.

Institutional Trading of Pearson

Several hedge funds have recently modified their holdings of the business. Arrowstreet Capital Limited Partnership raised its position in Pearson by 72.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,645,461 shares of the company’s stock worth $21,605,000 after acquiring an additional 691,339 shares in the last quarter. Quantinno Capital Management LP boosted its position in shares of Pearson by 16.8% during the 1st quarter. Quantinno Capital Management LP now owns 512,854 shares of the company’s stock worth $6,734,000 after purchasing an additional 73,788 shares in the last quarter. Hantz Financial Services Inc. grew its stake in shares of Pearson by 215.5% during the 4th quarter. Hantz Financial Services Inc. now owns 54,770 shares of the company’s stock worth $769,000 after purchasing an additional 37,413 shares during the period. Barometer Capital Management Inc. grew its stake in shares of Pearson by 545.3% during the 4th quarter. Barometer Capital Management Inc. now owns 64,600 shares of the company’s stock worth $907,000 after purchasing an additional 54,589 shares during the period. Finally, BNP Paribas Financial Markets increased its holdings in shares of Pearson by 105.9% in the 4th quarter. BNP Paribas Financial Markets now owns 524,274 shares of the company’s stock valued at $7,361,000 after purchasing an additional 269,692 shares in the last quarter. 2.14% of the stock is owned by institutional investors and hedge funds.

About Pearson

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.