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

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

PSO has been the topic of several other research reports. The Goldman Sachs Group assumed coverage on shares of Pearson in a research report on Wednesday, March 26th. They set a “buy” rating on the stock. National Bankshares set a $18.00 price target on shares of Pearson in a research report on Tuesday, February 18th.

Pearson Price Performance

Shares of PSO opened at $14.64 on Friday. The firm has a market cap of $9.68 billion, a PE ratio of 15.57, a PEG ratio of 2.65 and a beta of 0.60. The firm’s 50 day moving average price is $15.75 and its 200 day moving average price is $16.07. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.72 and a current ratio of 1.78. Pearson has a twelve month low of $11.99 and a twelve month high of $17.90.

Hedge Funds Weigh In On Pearson

Institutional investors have recently modified their holdings of the company. TD Private Client Wealth LLC grew its stake in shares of Pearson by 1,798.8% in the first 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 last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of Pearson in the fourth quarter worth $27,000. Brooklyn Investment Group grew its stake in shares of Pearson by 308.3% in the first quarter. Brooklyn Investment Group now owns 2,356 shares of the company’s stock worth $38,000 after acquiring an additional 1,779 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Pearson by 228.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,044 shares of the company’s stock worth $65,000 after acquiring an additional 2,811 shares during the last quarter. Finally, CWM LLC grew its stake in shares of Pearson by 43.6% in the first quarter. CWM LLC now owns 4,140 shares of the company’s stock worth $66,000 after acquiring an additional 1,256 shares during the last quarter. 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.