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

Shares of Pearson, PLC (NYSE:PSO) have earned an average recommendation of “Hold” from the five research firms that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

Several research firms recently issued reports on PSO. Wall Street Zen lowered Pearson from a “buy” rating to a “hold” rating in a research note on Monday, May 18th. Weiss Ratings upgraded Pearson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Morgan Stanley raised its stake in Pearson by 34.4% in the fourth quarter. Morgan Stanley now owns 3,971,424 shares of the company’s stock valued at $55,759,000 after purchasing an additional 1,015,739 shares in the last quarter. Millennium Management LLC purchased a new position in Pearson in the 1st quarter worth approximately $11,546,000. Arrowstreet Capital Limited Partnership grew its stake in Pearson by 72.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,645,461 shares of the company’s stock worth $21,605,000 after buying an additional 691,339 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of Pearson by 1,072.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 605,707 shares of the company’s stock worth $9,043,000 after buying an additional 554,044 shares during the last quarter. Finally, Marshall Wace LLP bought a new position in shares of Pearson in the 4th quarter worth $6,515,000. 2.14% of the stock is currently owned by institutional investors.

Pearson Price Performance

PSO opened at $16.71 on Friday. Pearson has a one year low of $12.02 and a one year high of $16.74. The company has a fifty day moving average price of $15.16 and a 200-day moving average price of $13.95. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.94 and a current ratio of 2.00.

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.