Pearson (NYSE:PSO) Downgraded by StockNews.com to Hold

Pearson (NYSE:PSO) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.

Separately, Citigroup raised shares of Pearson to a “strong-buy” rating in a research note on Tuesday, July 30th.

Pearson Stock Performance

Pearson stock opened at $15.10 on Friday. 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 company has a market capitalization of $10.06 billion, a PE ratio of 17.16, a P/E/G ratio of 2.67 and a beta of 0.39. The firm has a fifty day simple moving average of $13.95 and a two-hundred day simple moving average of $13.18. Pearson has a twelve month low of $11.64 and a twelve month high of $15.65.

Institutional Trading of Pearson

Institutional investors and hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its holdings in Pearson by 88.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,421 shares of the company’s stock valued at $29,000 after buying an additional 1,138 shares in the last quarter. GAMMA Investing LLC grew its position in Pearson by 43.2% during the 2nd quarter. GAMMA Investing LLC now owns 2,782 shares of the company’s stock worth $35,000 after purchasing an additional 839 shares during the last quarter. SageView Advisory Group LLC purchased a new stake in Pearson during the 1st quarter worth approximately $42,000. Allspring Global Investments Holdings LLC boosted its holdings in shares of Pearson by 86.9% in the 3rd 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. Finally, CWM LLC boosted its holdings in shares of Pearson by 22.5% in the 2nd quarter. CWM LLC now owns 4,650 shares of the company’s stock valued at $58,000 after acquiring an additional 855 shares during the last quarter. 2.14% of the stock is currently owned by institutional investors.

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.