Pearson plc (LON:PSON) Insider Purchases £14,688 in Stock

Pearson plc (LON:PSON - Get Free Report) insider Alison Dolan acquired 1,200 shares of the company's stock in a transaction dated Monday, March 31st. The shares were purchased at an average price of GBX 1,224 ($15.79) per share, with a total value of £14,688 ($18,947.37).

Pearson Trading Down 2.4 %

Shares of Pearson stock traded down GBX 28.50 ($0.37) during trading hours on Friday, hitting GBX 1,172.50 ($15.13). The company's stock had a trading volume of 3,124,152 shares, compared to its average volume of 8,342,935. The business has a fifty day moving average of GBX 1,293.50 and a 200 day moving average of GBX 1,214.74. Pearson plc has a 1-year low of GBX 925.20 ($11.93) and a 1-year high of GBX 1,401 ($18.07). The company has a quick ratio of 1.07, a current ratio of 1.78 and a debt-to-equity ratio of 42.49. The company has a market capitalization of £7.92 billion, a PE ratio of 22.73, a P/E/G ratio of 0.83 and a beta of 0.31.

Pearson (LON:PSON - Get Free Report) last announced its quarterly earnings results on Friday, February 28th. The company reported GBX 62.10 ($0.80) earnings per share (EPS) for the quarter. Pearson had a return on equity of 8.98% and a net margin of 9.83%.

Pearson Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 9th. Investors of record on Thursday, March 20th will be issued a dividend of GBX 16.60 ($0.21) per share. This is an increase from Pearson's previous dividend of $7.40. This represents a dividend yield of 1.33%. The ex-dividend date is Thursday, March 20th. Pearson's dividend payout ratio (DPR) is presently 44.58%.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. upped their price target on Pearson from GBX 1,400 ($18.06) to GBX 1,450 ($18.70) and gave the stock an "overweight" rating in a research note on Tuesday, January 14th.

Pearson Company Profile

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That's why our c.20,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world's leading learning company, serving customers in c.200 countries with digital content, assessments, qualifications, and data.