Pearson (NYSE:PSO) Upgraded at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Pearson (NYSE:PSO) from a reduce rating to a hold rating in a research note released on Friday morning, Marketbeat reports.

PSO has been the subject of several other research reports. Weiss Ratings downgraded Pearson from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Morgan Stanley assumed coverage on shares of Pearson in a report on Monday, October 20th. They set an “equal weight” rating for the company. Finally, Citigroup began coverage on shares of Pearson in a report on Monday, January 12th. They issued a “buy” rating on the stock. One 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 company currently has an average rating of “Moderate Buy” and a consensus price target of $18.00.

Pearson Trading Up 1.7%

NYSE PSO opened at $13.16 on Friday. Pearson has a 1-year low of $12.42 and a 1-year high of $17.90. The stock has a 50-day moving average of $13.54 and a 200-day moving average of $14.00. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.31 and a quick ratio of 2.24.

Institutional Investors Weigh In On Pearson

Several institutional investors and hedge funds have recently modified their holdings of the stock. U.S. Capital Wealth Advisors LLC increased its position in shares of 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 buying an additional 724 shares during the period. GAMMA Investing LLC boosted its position 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 acquiring an additional 922 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Pearson by 0.8% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 120,197 shares of the company’s stock worth $1,702,000 after acquiring an additional 1,004 shares during the period. Farther Finance Advisors LLC raised its position in shares of Pearson by 54.2% in the 4th quarter. Farther Finance Advisors LLC now owns 2,947 shares of the company’s stock worth $41,000 after acquiring an additional 1,036 shares in the last quarter. Finally, Gitterman Wealth Management LLC lifted its stake in shares of Pearson by 8.6% in the 3rd quarter. Gitterman Wealth Management LLC now owns 16,449 shares of the company’s stock valued at $233,000 after purchasing an additional 1,299 shares during the period. 2.14% of the stock is owned by hedge funds and other 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.