Pearson (NYSE:PSO – Get Free Report) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.
PSO has been the topic of several other reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Pearson in a research note on Tuesday, July 14th. Weiss Ratings raised shares of Pearson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
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Pearson Trading Down 0.0%
Institutional Trading of Pearson
Several institutional investors have recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC lifted its position in shares of Pearson by 952.1% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,757 shares of the company’s stock worth $25,000 after purchasing an additional 1,590 shares during the period. Kestra Advisory Services LLC bought a new position in shares of Pearson in the 4th quarter worth about $35,000. Farther Finance Advisors LLC boosted its position in shares of Pearson by 54.2% during the 4th quarter. Farther Finance Advisors LLC now owns 2,947 shares of the company’s stock valued at $41,000 after purchasing an additional 1,036 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Pearson in the fourth quarter worth approximately $42,000. Finally, Royal Bank of Canada boosted its holdings in shares of Pearson by 86.5% during the 1st quarter. Royal Bank of Canada now owns 5,613 shares of the company’s stock worth $74,000 after buying an additional 2,604 shares in the last quarter. 2.14% of the stock is currently owned by institutional investors.
About Pearson
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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