The Brokerages give average Rating of “Hold” to Pearson PLC (NYSE:PSO)

The Brokerages give average Rating of “Hold” to Pearson PLC (NYSE:PSO)

Pearson PLC (NYSE:PSO) has been assigned an average rating of “Hold” from the sixteen ratings firms that are covering the firm. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating on the company.

Several equities analysts recently commented on the stock. Zacks Investment Research downgraded shares of Pearson PLC from a “hold” rating to a “sell” rating in a report on Thursday, September 29th. BNP Paribas downgraded 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. Shore Capital reiterated a “hold” rating on shares of Pearson PLC in a report on Sunday, July 31st. Finally, Morgan Stanley upgraded shares of Pearson PLC from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 12th.

Several large investors have recently made changes to their positions in PSO. Checchi Capital Advisers LLC boosted its stake 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 valued at $107,000 after buying an additional 724 shares during the last quarter. Cutler Group LP boosted its stake in shares of Pearson PLC by 78.7% in the first quarter. Cutler Group LP now owns 10,034 shares of the company’s stock valued at $125,000 after buying an additional 4,418 shares during the last quarter. Nuveen Fund Advisors LLC acquired a new stake in shares of Pearson PLC during the second quarter valued at $142,000. Bellecapital International Ltd. acquired a new stake in shares of Pearson PLC during the second quarter valued at $146,000. Finally, Jefferies Group LLC acquired a new stake in shares of Pearson PLC during the second quarter valued at $168,000. 2.10% of the stock is owned by hedge funds and other institutional investors.

Pearson PLC (NYSE:PSO) opened at 10.03 on Wednesday. Pearson PLC has a 12-month low of $9.18 and a 12-month high of $18.65. The stock’s 50 day moving average is $10.58 and its 200 day moving average is $11.70. The stock has a market capitalization of $8.17 billion, a price-to-earnings ratio of 9.20 and a beta of 0.34.

The firm also recently declared a dividend, which was paid on Wednesday, September 21st. Stockholders of record on Friday, August 19th were given a $0.238 dividend. The ex-dividend date of this dividend was Wednesday, August 17th.

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