Pearson, PLC (NYSE:PSO) – Equities research analysts at Jefferies Group upped their FY2018 earnings per share estimates for Pearson, PLC in a research note issued on Tuesday. Jefferies Group analyst T. Garrity now anticipates that the company will post earnings per share of $0.72 for the year, up from their previous forecast of $0.68. Jefferies Group also issued estimates for Pearson, PLC’s FY2019 earnings at $0.93 EPS, FY2020 earnings at $1.09 EPS and FY2021 earnings at $1.11 EPS.
Several other analysts have also issued reports on the stock. BNP Paribas raised shares of Pearson, PLC from an “underperform” rating to an “outperform” rating in a research report on Wednesday, September 27th. Deutsche Bank AG lowered shares of Pearson, PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, September 26th. BidaskClub lowered shares of Pearson, PLC from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Zacks Investment Research raised shares of Pearson, PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. Finally, Macquarie raised shares of Pearson, PLC from a “neutral” rating to an “outperform” rating in a research report on Friday, July 14th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold”.
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Shares of Pearson, PLC (PSO) traded up 0.11% on Wednesday, hitting $9.02. 404,941 shares of the stock traded hands. Pearson, PLC has a 52 week low of $7.04 and a 52 week high of $10.31. The stock’s market cap is $7.35 billion. The stock has a 50 day moving average price of $7.96 and a 200-day moving average price of $8.38.
A number of institutional investors have recently bought and sold shares of PSO. US Bancorp DE increased its holdings in Pearson, PLC by 20.7% during the 1st quarter. US Bancorp DE now owns 11,872 shares of the company’s stock worth $101,000 after acquiring an additional 2,035 shares during the period. Cubist Systematic Strategies LLC bought a new stake in Pearson, PLC during the 2nd quarter worth approximately $127,000. Timber Hill LLC increased its holdings in Pearson, PLC by 31.3% during the 2nd quarter. Timber Hill LLC now owns 16,919 shares of the company’s stock worth $152,000 after acquiring an additional 4,035 shares during the period. Greenleaf Trust increased its holdings in Pearson, PLC by 2.1% during the 2nd quarter. Greenleaf Trust now owns 17,180 shares of the company’s stock worth $154,000 after acquiring an additional 361 shares during the period. Finally, Lapides Asset Management LLC increased its holdings in Pearson, PLC by 35.5% during the 1st quarter. Lapides Asset Management LLC now owns 19,100 shares of the company’s stock worth $162,000 after acquiring an additional 5,000 shares during the period. 1.64% of the stock is currently owned by institutional investors and hedge funds.
The company also recently announced a semiannual dividend, which was paid on Wednesday, September 20th. Investors of record on Friday, August 18th were issued a dividend of $0.065 per share. This represents a 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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