Pearson (NYSE:PSO) Upgraded at Kepler Capital Markets

Pearson (NYSE:PSO) was upgraded by analysts at Kepler Capital Markets from a “reduce” rating to a “hold” rating in a research note issued to investors on Friday,Finviz reports.

Other analysts have also issued research reports about the company. Citigroup initiated coverage on Pearson in a report on Monday, January 12th. They issued a “buy” rating for the company. Morgan Stanley started coverage on Pearson in a report on Monday, October 20th. They issued an “equal weight” rating for the company. Finally, Weiss Ratings lowered Pearson from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

Pearson Price Performance

Pearson stock opened at $12.93 on Friday. Pearson has a 12 month low of $12.42 and a 12 month high of $17.90. The business’s fifty day simple moving average is $13.54 and its two-hundred day simple moving average is $14.02. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.31 and a quick ratio of 2.24.

Hedge Funds Weigh In On Pearson

A number of hedge funds have recently modified their holdings of PSO. U.S. Capital Wealth Advisors LLC raised its holdings in Pearson by 6.3% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 12,294 shares of the company’s stock valued at $184,000 after acquiring an additional 724 shares during the period. GAMMA Investing LLC raised its stake in Pearson by 12.3% during the 4th quarter. GAMMA Investing LLC now owns 8,397 shares of the company’s stock valued at $118,000 after purchasing an additional 922 shares during the period. Vanguard Personalized Indexing Management LLC lifted its holdings in Pearson by 0.8% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 120,197 shares of the company’s stock worth $1,702,000 after purchasing an additional 1,004 shares in the last quarter. Gitterman Wealth Management LLC boosted its stake in Pearson by 8.6% in the 3rd quarter. Gitterman Wealth Management LLC now owns 16,449 shares of the company’s stock worth $233,000 after purchasing an additional 1,299 shares during the period. Finally, Ritholtz Wealth Management grew its holdings in Pearson by 7.9% during the 3rd quarter. Ritholtz Wealth Management now owns 19,165 shares of the company’s stock valued at $271,000 after buying an additional 1,404 shares in the last quarter. 2.14% of the stock is currently owned by institutional investors.

Pearson Company Profile

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.