According to Zacks, “Pearson is a global media conglomerate. They publish books, periodicals, reports and screen-based services for professional communities worldwide, under brand names which include the Financial Times, Pitman Publishing and Churchill Livingstone. “
PSO has been the topic of a number of other research reports. BNP Paribas lowered shares of Pearson PLC from an outperform rating to a neutral rating in a report on Thursday, September 22nd. Goldman Sachs Group Inc. reiterated a sell rating on shares of Pearson PLC in a report on Tuesday, September 27th. Morgan Stanley upgraded shares of Pearson PLC from an equal weight rating to an overweight rating in a report on Tuesday, July 12th. JPMorgan Chase & Co. reiterated a neutral rating on shares of Pearson PLC in a report on Tuesday, June 21st. Finally, Societe Generale lowered shares of Pearson PLC from a buy rating to a hold rating in a report on Thursday, July 7th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The company has an average rating of Hold.
Pearson PLC (NYSE:PSO) opened at 9.86 on Thursday. The company has a 50-day moving average price of $10.74 and a 200 day moving average price of $11.76. The stock has a market cap of $8.04 billion, a price-to-earnings ratio of 9.07 and a beta of 0.34. Pearson PLC has a 12-month low of $9.18 and a 12-month high of $18.78.
The company also recently disclosed a dividend, which was paid on Wednesday, September 21st. Shareholders of record on Friday, August 19th were issued a $0.238 dividend. The ex-dividend date of this dividend was Wednesday, August 17th.
A number of institutional investors have recently modified their holdings of the company. Wetherby Asset Management Inc. raised its position in shares of Pearson PLC by 0.9% in the second quarter. Wetherby Asset Management Inc. now owns 17,168 shares of the company’s stock worth $223,000 after buying an additional 147 shares in the last quarter. Sei Investments Co. raised its position in shares of Pearson PLC by 1.0% in the second quarter. Sei Investments Co. now owns 63,612 shares of the company’s stock worth $827,000 after buying an additional 606 shares in the last quarter. Checchi Capital Advisers LLC raised its position in shares of Pearson PLC by 9.6% in the second quarter. Checchi Capital Advisers LLC now owns 8,249 shares of the company’s stock worth $107,000 after buying an additional 724 shares in the last quarter. BB&T Securities LLC raised its position in shares of Pearson PLC by 4.3% in the second quarter. BB&T Securities LLC now owns 25,592 shares of the company’s stock worth $332,000 after buying an additional 1,044 shares in the last quarter. Finally, Lapides Asset Management LLC raised its position in shares of Pearson PLC by 11.0% in the second quarter. Lapides Asset Management LLC now owns 13,100 shares of the company’s stock worth $170,000 after buying an additional 1,300 shares in the last quarter. Hedge funds and other institutional investors own 2.10% of the company’s stock.
Pearson PLC Company Profile
Pearson plc (Pearson) is an international education and media company. The Company has operations in the education, business information and consumer publishing markets. The Company operates through three segments: North America, Core and Growth. The North American business serves educators and students in the United States and Canada from early education through elementary, middle and high schools and into higher education with a range of products and services, such as courseware, assessments and services.
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