Pearson (NYSE:PSO) Raised to “Buy” at StockNews.com

Pearson (NYSE:PSO) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday.

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

Pearson Stock Up 1.1 %

NYSE:PSO opened at $15.52 on Thursday. The company has a current ratio of 1.78, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. Pearson has a one year low of $11.64 and a one year high of $15.54. The firm’s 50 day simple moving average is $13.87 and its 200 day simple moving average is $13.11.

Institutional Trading of Pearson

Hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC boosted its holdings in Pearson by 88.7% in the first quarter. EverSource Wealth Advisors LLC now owns 2,421 shares of the company’s stock worth $29,000 after acquiring an additional 1,138 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Pearson by 43.2% in 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. SageView Advisory Group LLC acquired a new stake in Pearson in the 1st quarter valued at $42,000. Allspring Global Investments Holdings LLC lifted its position in 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 in the last quarter. Finally, CWM LLC grew its holdings in Pearson by 22.5% during the second quarter. CWM LLC now owns 4,650 shares of the company’s stock worth $58,000 after buying an additional 855 shares in 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.