Pearson PLC (NYSE:PSO) has been assigned a consensus recommendation of “Hold” from the six analysts that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company.
A number of equities research analysts recently weighed in on PSO shares. Societe Generale lowered shares of Pearson from a “buy” rating to a “hold” rating in a report on Thursday, July 5th. Credit Suisse Group lowered shares of Pearson from a “neutral” rating to an “underperform” rating in a report on Wednesday, June 27th. Finally, Citigroup lowered shares of Pearson from a “buy” rating to a “neutral” rating in a report on Wednesday, August 1st.
PSO traded up $0.24 during trading hours on Tuesday, reaching $11.58. 667,100 shares of the stock traded hands, compared to its average volume of 311,365. The firm has a market cap of $8.84 billion, a price-to-earnings ratio of 16.54 and a beta of 0.09. Pearson has a fifty-two week low of $8.94 and a fifty-two week high of $12.73. The company has a current ratio of 1.97, a quick ratio of 1.86 and a debt-to-equity ratio of 0.26.
A number of hedge funds have recently made changes to their positions in PSO. Cubist Systematic Strategies LLC acquired a new position in Pearson during the 2nd quarter worth $102,000. Atria Investments LLC acquired a new position in Pearson during the 3rd quarter worth $121,000. Atlas Capital Advisors LLC acquired a new position in Pearson during the 2nd quarter worth $232,000. Mount Yale Investment Advisors LLC acquired a new position in Pearson during the 2nd quarter worth $249,000. Finally, Guggenheim Capital LLC grew its holdings in Pearson by 8.7% during the 1st quarter. Guggenheim Capital LLC now owns 52,715 shares of the company’s stock worth $555,000 after acquiring an additional 4,211 shares in the last quarter. 1.34% of the stock is owned by institutional investors.
Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through three segments: North America, Core, and Growth. It offers courseware services, including curriculum materials provided in book form and/or via access to digital content; and assessments, such as test development, processing, and scoring services.
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