Pearson (NYSE:PSO) reached a new 52-week high and low during trading on Thursday . The stock traded as low as $11.33 and last traded at $11.30, with a volume of 379491 shares. The stock had previously closed at $11.09.
Separately, Zacks Investment Research downgraded shares of Pearson from a “buy” rating to a “hold” rating in a research note on Tuesday, January 16th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $11.00.
The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.94 and a current ratio of 2.03. The company has a market capitalization of $8,532.52, a P/E ratio of 16.17, a price-to-earnings-growth ratio of 2.76 and a beta of 0.25.
Large investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its position in Pearson by 21.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 244,950 shares of the company’s stock valued at $2,405,000 after purchasing an additional 43,486 shares during the period. Guggenheim Capital LLC lifted its position in Pearson by 25.8% during the fourth quarter. Guggenheim Capital LLC now owns 48,504 shares of the company’s stock valued at $476,000 after purchasing an additional 9,957 shares during the period. Deutsche Bank AG lifted its position in Pearson by 59.4% during the fourth quarter. Deutsche Bank AG now owns 886,901 shares of the company’s stock valued at $8,709,000 after purchasing an additional 330,395 shares during the period. Jefferies Group LLC acquired a new position in Pearson during the fourth quarter valued at $207,000. Finally, Mackenzie Financial Corp lifted its position in Pearson by 102.0% during the fourth quarter. Mackenzie Financial Corp now owns 94,312 shares of the company’s stock valued at $926,000 after purchasing an additional 47,619 shares during the period. Institutional investors and hedge funds own 1.33% of the company’s stock.
Pearson plc provides educational materials and learning technologies for teachers and students worldwide. It operates through North America, Growth, and Core segments. The company 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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