Pearson plc (LON:PSON - Get Free Report) insider Alison Dolan bought 1,200 shares of the firm's stock in a transaction on Monday, March 31st. The stock was acquired at an average cost of GBX 1,224 ($16.04) per share, with a total value of £14,688 ($19,245.28).
Pearson Stock Down 1.2 %
Shares of PSON traded down GBX 14 ($0.18) during midday trading on Thursday, hitting GBX 1,201 ($15.74). The stock had a trading volume of 2,367,920 shares, compared to its average volume of 8,420,892. The firm has a market cap of £8.11 billion, a price-to-earnings ratio of 23.28, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31. The company has a 50 day simple moving average of GBX 1,295.57 and a two-hundred day simple moving average of GBX 1,214.02. Pearson plc has a twelve month low of GBX 925.20 ($12.12) and a twelve month high of GBX 1,401 ($18.36). The company has a debt-to-equity ratio of 42.49, a current ratio of 1.78 and a quick ratio of 1.07.
Pearson (LON:PSON - Get Free Report) last announced its earnings results on Friday, February 28th. The company reported GBX 62.10 ($0.81) 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 firm 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 ($0.22) per share. This is a boost from Pearson's previous dividend of $7.40. The ex-dividend date of this dividend is Thursday, March 20th. This represents a yield of 1.33%. Pearson's dividend payout ratio is presently 44.58%.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. boosted their price objective on Pearson from GBX 1,400 ($18.34) to GBX 1,450 ($19.00) and gave the company an "overweight" rating in a research report on Tuesday, January 14th.
Read Our Latest Research Report on PSON
About Pearson
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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.
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