Pearson (NYSE:PSO) Upgraded at StockNews.com

Pearson (NYSE:PSO) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Monday.

A number of other research firms have also weighed in on PSO. National Bankshares set a $18.00 price objective on shares of Pearson in a research report on Tuesday, February 18th. The Goldman Sachs Group upgraded Pearson to a “strong-buy” rating in a report on Thursday, January 30th.

Pearson Trading Down 0.2 %

Shares of NYSE:PSO traded down $0.04 during trading on Monday, reaching $17.22. The stock had a trading volume of 796,641 shares, compared to its average volume of 429,836. The business has a fifty day moving average price of $16.37 and a 200-day moving average price of $15.10. The company has a quick ratio of 1.72, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock has a market cap of $11.48 billion, a P/E ratio of 18.32, a PEG ratio of 2.65 and a beta of 0.40. Pearson has a fifty-two week low of $11.78 and a fifty-two week high of $17.42.

Institutional Trading of Pearson

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Versant Capital Management Inc acquired a new position in Pearson in the fourth quarter valued at $26,000. SBI Securities Co. Ltd. acquired a new position in Pearson in the fourth quarter valued at $27,000. Allspring Global Investments Holdings LLC boosted its holdings in Pearson by 86.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,145 shares of the company’s stock valued at $43,000 after acquiring an additional 1,462 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Pearson in the third quarter valued at $47,000. Finally, Smartleaf Asset Management LLC boosted its holdings in Pearson by 228.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,044 shares of the company’s stock valued at $65,000 after acquiring an additional 2,811 shares during the last quarter. Hedge funds and other institutional investors own 2.14% of the company’s stock.

About Pearson

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.