The Goldman Sachs Group Begins Coverage on Pearson (NYSE:PSO)

Research analysts at The Goldman Sachs Group started coverage on shares of Pearson (NYSE:PSO) in a note issued to investors on Wednesday. The firm set a “buy” rating on the stock.

Several other equities analysts have also recently issued reports on PSO. StockNews.com upgraded shares of Pearson from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. National Bankshares set a $18.00 price objective on shares of Pearson in a research report on Tuesday, February 18th.

Pearson Stock Up 0.2 %

PSO stock opened at $15.96 on Wednesday. The stock has a market capitalization of $10.64 billion, a P/E ratio of 16.97, a P/E/G ratio of 2.65 and a beta of 0.38. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.72. Pearson has a 1-year low of $11.78 and a 1-year high of $17.90. The business has a fifty day moving average price of $16.55 and a 200-day moving average price of $15.44.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC grew its holdings in Pearson by 7.2% during the fourth quarter. Sequoia Financial Advisors LLC now owns 13,944 shares of the company’s stock valued at $225,000 after purchasing an additional 941 shares during the period. Crossmark Global Holdings Inc. grew its stake in shares of Pearson by 0.7% during the 4th quarter. Crossmark Global Holdings Inc. now owns 154,460 shares of the company’s stock valued at $2,490,000 after acquiring an additional 1,122 shares during the period. O Shaughnessy Asset Management LLC grew its stake in shares of Pearson by 6.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 19,263 shares of the company’s stock valued at $311,000 after acquiring an additional 1,219 shares during the period. Gitterman Wealth Management LLC increased its holdings in Pearson by 9.0% in the 4th quarter. Gitterman Wealth Management LLC now owns 15,397 shares of the company’s stock worth $248,000 after acquiring an additional 1,276 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Pearson by 7.3% during the fourth quarter. Ameriprise Financial Inc. now owns 19,547 shares of the company’s stock valued at $315,000 after purchasing an additional 1,335 shares in the last quarter. 2.14% of the stock is currently owned by institutional investors.

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.