Pearson, PLC (NYSE:PSO) – Stock analysts at Jefferies Group boosted their FY2017 earnings estimates for Pearson, PLC in a research report issued on Tuesday. Jefferies Group analyst T. Garrity now forecasts that the company will post earnings of $0.69 per share for the year, up from their prior forecast of $0.59.

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A number of other equities research analysts also recently issued reports on PSO. Zacks Investment Research downgraded shares of Pearson, PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. BidaskClub downgraded shares of Pearson, PLC from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th. Macquarie raised shares of Pearson, PLC from a “neutral” rating to an “outperform” rating in a research note on Friday, July 14th. Deutsche Bank AG downgraded shares of Pearson, PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. Finally, BNP Paribas raised shares of Pearson, PLC from an “underperform” rating to an “outperform” rating in a research note on Wednesday, September 27th. Five equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold”.

Pearson, PLC (NYSE PSO) opened at 9.01 on Thursday. Pearson, PLC has a 52 week low of $7.04 and a 52 week high of $10.31. The firm has a 50-day moving average of $7.96 and a 200-day moving average of $8.38. The company’s market capitalization is $7.34 billion.

Several hedge funds have recently made changes to their positions in the stock. US Bancorp DE grew its holdings in shares of Pearson, PLC by 1.5% in the second quarter. US Bancorp DE now owns 12,051 shares of the company’s stock valued at $109,000 after purchasing an additional 179 shares in the last quarter. Greenleaf Trust grew its holdings in shares of Pearson, PLC by 2.1% in the second quarter. Greenleaf Trust now owns 17,180 shares of the company’s stock valued at $154,000 after purchasing an additional 361 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Pearson, PLC by 0.3% in the second quarter. Ameriprise Financial Inc. now owns 132,521 shares of the company’s stock valued at $1,189,000 after purchasing an additional 393 shares in the last quarter. Comerica Bank grew its holdings in shares of Pearson, PLC by 1.3% in the first quarter. Comerica Bank now owns 47,153 shares of the company’s stock valued at $387,000 after purchasing an additional 614 shares in the last quarter. Finally, Bollard Group LLC grew its holdings in shares of Pearson, PLC by 4.8% in the second quarter. Bollard Group LLC now owns 79,904 shares of the company’s stock valued at $717,000 after purchasing an additional 3,695 shares in the last quarter. Hedge funds and other institutional investors own 1.64% of the company’s stock.

The firm also recently disclosed a semiannual dividend, which was paid on Wednesday, September 20th. Investors of record on Friday, August 18th were issued a $0.065 dividend. This represents a dividend yield of 1.6%. The ex-dividend date of this dividend was Wednesday, August 16th.

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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