Pearson, PLC (NYSE:PSO) – Investment analysts at Jefferies Group lowered their FY2017 earnings per share (EPS) estimates for shares of Pearson, PLC in a research report issued on Monday. Jefferies Group analyst T. Garrity now anticipates that the company will earn $0.59 per share for the year, down from their previous forecast of $0.60.

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Several other equities research analysts have also issued reports on the stock. BidaskClub lowered shares of Pearson, PLC from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Zacks Investment Research raised shares of Pearson, PLC from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Macquarie raised shares of Pearson, PLC from a “neutral” rating to an “outperform” rating in a report on Friday, July 14th. Finally, Kepler Capital Markets lowered shares of Pearson, PLC from a “buy” rating to a “hold” rating in a report on Thursday, May 11th. Five equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. Pearson, PLC has a consensus rating of “Hold” and a consensus price target of $10.00.

Pearson, PLC (PSO) opened at 7.90 on Tuesday. Pearson, PLC has a 52-week low of $7.04 and a 52-week high of $11.69. The firm’s market capitalization is $6.44 billion. The firm has a 50-day moving average of $8.31 and a 200-day moving average of $8.44.

The firm also recently announced a semiannual dividend, which will be paid on Wednesday, September 20th. Investors of record on Friday, August 18th will be given a dividend of $0.065 per share. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a yield of 1.6%.

A number of large investors have recently bought and sold shares of PSO. Dynamic Technology Lab Private Ltd acquired a new stake in Pearson, PLC during the second quarter valued at approximately $237,000. Cubist Systematic Strategies LLC acquired a new stake in Pearson, PLC during the second quarter valued at approximately $127,000. Royal Bank of Canada increased its stake in Pearson, PLC by 45.8% in the second quarter. Royal Bank of Canada now owns 905,813 shares of the company’s stock valued at $8,125,000 after buying an additional 284,612 shares in the last quarter. Parametric Portfolio Associates LLC increased its stake in Pearson, PLC by 58.3% in the second quarter. Parametric Portfolio Associates LLC now owns 340,847 shares of the company’s stock valued at $3,057,000 after buying an additional 125,554 shares in the last quarter. Finally, Northern Trust Corp increased its stake in Pearson, PLC by 6.7% in the second quarter. Northern Trust Corp now owns 726,814 shares of the company’s stock valued at $6,520,000 after buying an additional 45,855 shares in the last quarter. Institutional investors and hedge funds own 1.99% of the company’s stock.

Pearson, PLC Company Profile

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.

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