Morgan Stanley Initiates Coverage on Pearson (NYSE:PSO)

Morgan Stanley assumed coverage on shares of Pearson (NYSE:PSO) in a report released on Monday. The firm set an “equal weight” rating on the stock.

A number of other equities analysts also recently weighed in on PSO. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Pearson in a research note on Wednesday, October 8th. BNP Paribas raised shares of Pearson from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Pearson in a research note on Monday, August 4th. Finally, Wall Street Zen downgraded shares of Pearson from a “buy” rating to a “hold” rating in a research note on Saturday, September 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $18.00.

Pearson Trading Up 1.6%

Shares of NYSE PSO opened at $14.85 on Monday. Pearson has a 1-year low of $13.27 and a 1-year high of $17.90. The company has a market cap of $9.53 billion, a PE ratio of 15.79, a P/E/G ratio of 2.50 and a beta of 0.55. The company has a current ratio of 2.31, a quick ratio of 2.24 and a debt-to-equity ratio of 0.40. The company has a 50-day moving average of $14.33 and a two-hundred day moving average of $14.89.

Institutional Trading of Pearson

Institutional investors have recently bought and sold shares of the business. TD Private Client Wealth LLC grew its holdings in Pearson by 1,798.8% during the 1st quarter. TD Private Client Wealth LLC now owns 1,633 shares of the company’s stock worth $26,000 after acquiring an additional 1,547 shares during the period. First Horizon Advisors Inc. grew its holdings in Pearson by 3,131.8% during the second quarter. First Horizon Advisors Inc. now owns 2,133 shares of the company’s stock valued at $32,000 after purchasing an additional 2,067 shares during the period. Brooklyn Investment Group grew its holdings in Pearson by 308.3% during the first quarter. Brooklyn Investment Group now owns 2,356 shares of the company’s stock valued at $38,000 after purchasing an additional 1,779 shares during the period. CWM LLC grew its holdings in Pearson by 43.6% during the first quarter. CWM LLC now owns 4,140 shares of the company’s stock valued at $66,000 after purchasing an additional 1,256 shares during the period. Finally, Global Trust Asset Management LLC acquired a new position in Pearson during the second quarter valued at approximately $64,000. Institutional investors and hedge funds 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.