Pearson, PLC (NYSE:PSO) Given Average Recommendation of “Hold” by Analysts

Pearson, PLC (NYSE:PSOGet Free Report) has been assigned a consensus rating of “Hold” from the five brokerages that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

A number of research analysts have weighed in on the stock. Wall Street Zen cut shares of Pearson from a “buy” rating to a “hold” rating in a report on Monday, May 18th. Weiss Ratings upgraded Pearson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, June 4th.

Check Out Our Latest Analysis on Pearson

Institutional Trading of Pearson

A number of institutional investors and hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC lifted its position in shares of Pearson by 16.2% during the 1st quarter. AQR Capital Management LLC now owns 71,670 shares of the company’s stock valued at $1,147,000 after buying an additional 9,977 shares in the last quarter. Millennium Management LLC acquired a new stake in shares of Pearson in the first quarter valued at about $11,546,000. NewEdge Advisors LLC increased its stake in shares of Pearson by 10,532.1% during the first quarter. NewEdge Advisors LLC now owns 25,836 shares of the company’s stock worth $414,000 after purchasing an additional 25,593 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Pearson by 2.1% during the first quarter. Goldman Sachs Group Inc. now owns 2,144,680 shares of the company’s stock worth $34,336,000 after purchasing an additional 44,349 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Pearson by 672.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 261,605 shares of the company’s stock worth $3,906,000 after purchasing an additional 227,725 shares during the last quarter. 2.14% of the stock is currently owned by hedge funds and other institutional investors.

Pearson Price Performance

PSO opened at $16.39 on Friday. The company has a current ratio of 2.00, a quick ratio of 1.94 and a debt-to-equity ratio of 0.39. The firm has a fifty day moving average price of $15.08 and a 200 day moving average price of $13.91. Pearson has a 1 year low of $12.02 and a 1 year high of $16.51.

Pearson Company Profile

(Get Free Report)

Pearson plc is a global education company headquartered in London, England, with significant operations in North America, Europe, Asia, and Latin America. Tracing its roots back to 1844, Pearson evolved from its early beginnings into one of the world’s leading providers of educational content, digital learning tools, and assessment services. The company’s American subsidiary trades on the New York Stock Exchange under the symbol PSO.

Pearson’s core business encompasses a broad portfolio of products and services for learners, educators, and institutions.

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Analyst Recommendations for Pearson (NYSE:PSO)

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