Pearson, PLC (PSO) Receives Consensus Rating of “Hold” from Brokerages
Pearson, PLC (NYSE:PSO) has been given a consensus rating of “Hold” by the thirteen brokerages that are presently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have issued a buy recommendation on the company.
A number of research analysts have recently issued reports on PSO shares. Zacks Investment Research cut Pearson, PLC from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub upgraded shares of Pearson, PLC from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st.
Hedge funds have recently bought and sold shares of the company. US Bancorp DE raised its stake in Pearson, PLC by 20.7% in the first quarter. US Bancorp DE now owns 11,872 shares of the company’s stock worth $101,000 after buying an additional 2,035 shares in the last quarter. FCA Corp TX purchased a new stake in Pearson, PLC during the first quarter worth $127,000. Cubist Systematic Strategies LLC purchased a new stake in Pearson, PLC during the second quarter worth $127,000. Greenleaf Trust purchased a new stake in Pearson, PLC during the first quarter worth $143,000. Finally, Fox Run Management L.L.C. purchased a new stake in Pearson, PLC during the first quarter worth $143,000. Institutional investors own 1.99% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “Pearson, PLC (PSO) Receives Consensus Rating of “Hold” from Brokerages” was originally posted by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another website, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/08/18/pearson-plc-pso-receives-consensus-rating-of-hold-from-brokerages.html.
Shares of Pearson, PLC (PSO) traded down 1.15% on Friday, hitting $7.73. The stock had a trading volume of 355,128 shares. The firm has a 50 day moving average of $8.34 and a 200-day moving average of $8.43. Pearson, PLC has a 1-year low of $7.04 and a 1-year high of $11.69. The firm’s market capitalization is $6.30 billion.
The company also recently announced a semiannual dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Friday, August 18th will be issued a dividend of $0.065 per share. The ex-dividend date is Wednesday, August 16th. This represents a dividend yield of 1.6%.
About Pearson, PLC
Pearson plc (Pearson) is a learning company. The Company delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The Company operates through three segments, which include North America, Core and Growth.
Receive News & Ratings for Pearson PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearson PLC and related companies with MarketBeat.com's FREE daily email newsletter.