The Goldman Sachs Group upgraded shares of Pearson (NYSE:PSO - Free Report) to a strong-buy rating in a research report released on Thursday morning,Zacks.com reports.
Separately, StockNews.com lowered Pearson from a "buy" rating to a "hold" rating in a research report on Friday, November 15th.
Check Out Our Latest Report on Pearson
Pearson Trading Up 0.6 %
Shares of Pearson stock traded up $0.11 during trading on Thursday, hitting $16.78. 223,590 shares of the stock traded hands, compared to its average volume of 465,716. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.72. The firm's fifty day moving average is $15.95 and its 200-day moving average is $14.59. Pearson has a 52 week low of $11.69 and a 52 week high of $16.91.
Hedge Funds Weigh In On Pearson
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Callan Capital LLC grew its position in Pearson by 17.2% during the 4th quarter. Callan Capital LLC now owns 17,965 shares of the company's stock worth $290,000 after acquiring an additional 2,638 shares during the last quarter. Truist Financial Corp grew its position in Pearson by 15.9% during the 4th quarter. Truist Financial Corp now owns 11,842 shares of the company's stock worth $191,000 after acquiring an additional 1,625 shares during the last quarter. ABC Arbitrage SA purchased a new stake in Pearson in the 4th quarter worth approximately $4,780,000. Savant Capital LLC purchased a new stake in Pearson in the 4th quarter worth approximately $181,000. Finally, Blue Trust Inc. lifted its holdings in Pearson by 53.6% in the 4th quarter. Blue Trust Inc. now owns 38,697 shares of the company's stock worth $624,000 after buying an additional 13,499 shares during the period. 2.14% of the stock is currently owned by institutional investors.
Pearson Company Profile
(
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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.
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