Pearson (NYSE:PSO) Lowered to “Hold” Rating by StockNews.com

Pearson (NYSE:PSO) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

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

Pearson Trading Up 0.1 %

Shares of PSO stock opened at $15.10 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.72. The firm has a market cap of $10.06 billion, a PE ratio of 17.16, a price-to-earnings-growth ratio of 2.67 and a beta of 0.39. The company has a 50-day moving average of $13.95 and a two-hundred day moving average of $13.18. Pearson has a 1-year low of $11.64 and a 1-year high of $15.65.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its stake in Pearson by 88.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,421 shares of the company’s stock valued at $29,000 after purchasing an additional 1,138 shares during the last quarter. GAMMA Investing LLC increased 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 in the last quarter. Allspring Global Investments Holdings LLC grew its position in Pearson by 86.9% in the third 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 in the last quarter. SageView Advisory Group LLC acquired a new stake in Pearson in the first quarter valued at approximately $42,000. Finally, CWM LLC grew its position in Pearson by 22.5% in the second quarter. CWM LLC now owns 4,650 shares of the company’s stock valued at $58,000 after acquiring an additional 855 shares in the last quarter. Institutional investors and hedge funds 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.