Pearson (NYSE:PSO) Raised to “Strong-Buy” at The Goldman Sachs Group

Pearson (NYSE:PSO) was upgraded by investment analysts at The Goldman Sachs Group to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Separately, StockNews.com downgraded Pearson from a “buy” rating to a “hold” rating in a research report on Friday, November 15th.

Pearson Trading Down 1.2 %

Pearson stock opened at $16.68 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.72 and a current ratio of 1.78. The firm has a 50-day moving average price of $15.95 and a 200-day moving average price of $14.57. Pearson has a 12-month low of $11.69 and a 12-month high of $16.91.

Institutional Trading of Pearson

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Versant Capital Management Inc acquired a new stake in Pearson in the fourth quarter valued at approximately $26,000. Allspring Global Investments Holdings LLC boosted its holdings in shares of Pearson by 86.9% in the third 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. Wilmington Savings Fund Society FSB acquired a new stake in shares of Pearson in the 3rd quarter valued at approximately $47,000. GAMMA Investing LLC increased its holdings in shares of Pearson by 78.6% in the 3rd quarter. GAMMA Investing LLC now owns 4,968 shares of the company’s stock valued at $67,000 after purchasing an additional 2,186 shares in the last quarter. Finally, Caprock Group LLC acquired a new stake in shares of Pearson in the 3rd quarter worth approximately $146,000. Hedge funds and other 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.