Pearson (NYSE:PSO) Raised to Strong-Buy at Wall Street Zen

Pearson (NYSE:PSO) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Sunday.

Several other equities analysts have also recently commented on the stock. National Bankshares set a $18.00 target price on shares of Pearson in a research note on Tuesday, February 18th. The Goldman Sachs Group began coverage on shares of Pearson in a research note on Wednesday, March 26th. They set a “buy” rating on the stock.

Pearson Stock Up 0.3%

Pearson stock opened at $14.64 on Friday. The stock has a market cap of $9.68 billion, a price-to-earnings ratio of 15.57, a PEG ratio of 2.65 and a beta of 0.60. The company has a current ratio of 1.78, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. The company’s 50-day moving average price is $15.75 and its two-hundred day moving average price is $16.07. Pearson has a 52 week low of $11.99 and a 52 week high of $17.90.

Hedge Funds Weigh In On Pearson

Several large investors have recently made changes to their positions in PSO. Millennium Management LLC bought a new position in shares of Pearson during the 1st quarter valued at about $11,546,000. Northern Trust Corp boosted its holdings in shares of Pearson by 69.0% in the fourth quarter. Northern Trust Corp now owns 705,622 shares of the company’s stock worth $11,375,000 after buying an additional 288,114 shares during the period. Optiver Holding B.V. boosted its holdings in shares of Pearson by 135.5% in the fourth quarter. Optiver Holding B.V. now owns 495,797 shares of the company’s stock worth $7,992,000 after buying an additional 285,234 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Pearson by 49.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 844,228 shares of the company’s stock worth $13,609,000 after buying an additional 279,369 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Pearson in the first quarter worth about $3,401,000. Institutional investors own 2.14% of the company’s stock.

Pearson Company Profile

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.