Zacks Investment Research downgraded shares of Pearson, PLC (NYSE:PSO) from a buy rating to a hold rating in a research note published on Tuesday, July 11th.

According to Zacks, “Pearson is a global media conglomerate. They publish books, periodicals, reports and screen-based services for professional communities worldwide, under brand names which include the Financial Times, Pitman Publishing and Churchill Livingstone. “

Other equities analysts have also issued reports about the stock. Kepler Capital Markets lowered shares of Pearson, PLC from a buy rating to a hold rating in a research report on Thursday, May 11th. Exane BNP Paribas lowered shares of Pearson, PLC from a neutral rating to an underperform rating in a research report on Thursday, April 6th. BNP Paribas lowered shares of Pearson, PLC from a neutral rating to an underperform rating in a research report on Wednesday, April 5th. Finally, Jefferies Group LLC reissued an underperform rating on shares of Pearson, PLC in a research report on Monday, March 27th. Six equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $10.00.

Pearson, PLC (PSO) traded down 3.91% on Tuesday, hitting $8.12. 738,737 shares of the stock traded hands. The firm’s 50 day moving average is $8.68 and its 200 day moving average is $8.41. Pearson, PLC has a 52 week low of $7.04 and a 52 week high of $11.80. The stock’s market cap is $6.61 billion.

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Institutional investors have recently added to or reduced their stakes in the company. Comerica Bank raised its position in Pearson, PLC by 12.7% in the fourth quarter. Comerica Bank now owns 46,539 shares of the company’s stock worth $462,000 after buying an additional 5,244 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Pearson, PLC by 3.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,219,055 shares of the company’s stock worth $32,158,000 after buying an additional 98,540 shares in the last quarter. Guggenheim Capital LLC raised its position in Pearson, PLC by 5.3% in the fourth quarter. Guggenheim Capital LLC now owns 18,493 shares of the company’s stock worth $185,000 after buying an additional 925 shares in the last quarter. Bank of Montreal Can raised its position in Pearson, PLC by 68.7% in the first quarter. Bank of Montreal Can now owns 80,289 shares of the company’s stock worth $681,000 after buying an additional 32,690 shares in the last quarter. Finally, Capstone Asset Management Co. raised its position in Pearson, PLC by 5.1% in the first quarter. Capstone Asset Management Co. now owns 93,218 shares of the company’s stock worth $790,000 after buying an additional 4,500 shares in the last quarter. 2.03% of the stock is currently owned by institutional investors and hedge funds.

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.

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