Credit Suisse AG increased its stake in shares of Pearson, PLC (NYSE:PSO) by 10.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,000 shares of the company’s stock after buying an additional 18,213 shares during the period. Credit Suisse AG’s holdings in Pearson, PLC were worth $1,696,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Comerica Bank raised its position 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 buying an additional 614 shares in the last quarter. World Asset Management Inc raised its position in shares of Pearson, PLC by 1.5% in the first quarter. World Asset Management Inc now owns 51,205 shares of the company’s stock valued at $434,000 after buying an additional 744 shares in the last quarter. Guggenheim Capital LLC raised its position in shares of Pearson, PLC by 5.3% in the fourth quarter. Guggenheim Capital LLC now owns 18,493 shares of the company’s stock valued at $185,000 after buying an additional 925 shares in the last quarter. US Bancorp DE raised its position in shares of Pearson, PLC by 20.7% in the first quarter. US Bancorp DE now owns 11,872 shares of the company’s stock valued at $101,000 after buying an additional 2,035 shares in the last quarter. Finally, Capstone Asset Management Co. raised its position in shares of Pearson, PLC by 5.1% in the first quarter. Capstone Asset Management Co. now owns 93,218 shares of the company’s stock valued at $790,000 after buying an additional 4,500 shares in the last quarter. Hedge funds and other institutional investors own 2.03% of the company’s stock.

Pearson, PLC (NYSE PSO) traded down 0.50% during midday trading on Friday, hitting $7.95. 627,433 shares of the stock traded hands. Pearson, PLC has a 52 week low of $7.04 and a 52 week high of $11.69. The stock’s market capitalization is $6.48 billion. The stock’s 50-day moving average price is $8.50 and its 200-day moving average price is $8.42.

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

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Several equities analysts have recently weighed in on the stock. BidaskClub lowered shares of Pearson, PLC from a “buy” rating to a “hold” rating in a report on Thursday, July 13th. Zacks Investment Research lowered shares of Pearson, PLC from a “hold” rating to a “sell” rating in a report on Friday, July 21st. 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 investment analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $10.00.

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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Institutional Ownership by Quarter for Pearson, PLC (NYSE:PSO)

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