Shares of Pearson, PLC (NYSE:PSO) have been assigned an average recommendation of “Hold” from the thirteen brokerages that are presently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating on the company.

Several analysts have issued reports on the stock. Zacks Investment Research raised shares of Pearson, PLC from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research report on Saturday, June 3rd. BidaskClub raised shares of Pearson, PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Finally, Macquarie upgraded Pearson, PLC from a “neutral” rating to an “outperform” rating in a research note on Friday, July 14th.

Shares of Pearson, PLC (NYSE PSO) traded down 1.67% during mid-day trading on Tuesday, hitting $7.66. 246,034 shares of the stock traded hands. The stock has a 50-day moving average of $8.00 and a 200 day moving average of $8.39. The stock’s market cap is $6.24 billion. Pearson, PLC has a one year low of $7.04 and a one year high of $10.45.

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

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Several institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its stake in shares of Pearson, PLC by 45.8% during the 2nd 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 during the last quarter. Northern Trust Corp boosted its stake in shares of Pearson, PLC by 6.7% during the 2nd 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 during the last quarter. UBS Group AG boosted its stake in shares of Pearson, PLC by 22.3% during the 1st quarter. UBS Group AG now owns 491,555 shares of the company’s stock valued at $4,168,000 after buying an additional 89,765 shares during the last quarter. Aperio Group LLC lifted its stake in Pearson, PLC by 16.2% during the second quarter. Aperio Group LLC now owns 479,919 shares of the company’s stock worth $4,305,000 after purchasing an additional 66,839 shares during the last quarter. Finally, Karp Capital Management Corp bought a new position in Pearson, PLC during the first quarter worth $3,503,000. Institutional investors own 1.64% of the company’s stock.

About Pearson, PLC

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.

Analyst Recommendations for Pearson, PLC (NYSE:PSO)

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