Pearson, PLC (PSO) Given Average Rating of “Hold” by Brokerages
Pearson, PLC (NYSE:PSO) has been assigned a consensus recommendation of “Hold” from the thirteen brokerages that are covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating on the company.
Several research analysts have recently weighed in on PSO shares. Zacks Investment Research downgraded shares of Pearson, PLC from a “hold” rating to a “sell” rating in a research note on Friday, July 21st. Macquarie upgraded shares of Pearson, PLC from a “neutral” rating to an “outperform” rating in a research note on Friday, July 14th. Finally, BidaskClub downgraded shares of Pearson, PLC from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th.
Shares of Pearson, PLC (NYSE PSO) traded up 0.78% during midday trading on Tuesday, hitting $7.79. 787,485 shares of the stock were exchanged. Pearson, PLC has a 12-month low of $7.04 and a 12-month high of $10.45. The firm has a 50 day moving average of $8.05 and a 200 day moving average of $8.41. The firm’s market cap is $6.35 billion.
The business also recently disclosed a semiannual dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Friday, August 18th will be paid 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%.
Hedge funds and other institutional investors have recently bought and sold shares of the business. US Bancorp DE boosted its stake in Pearson, PLC by 20.7% during the 1st quarter. US Bancorp DE now owns 11,872 shares of the company’s stock valued at $101,000 after acquiring an additional 2,035 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in Pearson, PLC during the 2nd quarter valued at $127,000. Timber Hill LLC boosted its stake in Pearson, PLC by 31.3% during the 2nd quarter. Timber Hill LLC now owns 16,919 shares of the company’s stock valued at $152,000 after acquiring an additional 4,035 shares during the last quarter. Greenleaf Trust boosted its stake in Pearson, PLC by 2.1% during the 2nd quarter. Greenleaf Trust now owns 17,180 shares of the company’s stock valued at $154,000 after acquiring an additional 361 shares during the last quarter. Finally, Lapides Asset Management LLC boosted its stake in Pearson, PLC by 35.5% during the 1st quarter. Lapides Asset Management LLC now owns 19,100 shares of the company’s stock valued at $162,000 after acquiring an additional 5,000 shares during the last quarter. Hedge funds and other institutional investors own 1.64% of the company’s stock.
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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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