Capstone Asset Management Co. lowered its stake in shares of Pearson, PLC (NYSE:PSO) by 2.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 91,158 shares of the company’s stock after selling 2,060 shares during the period. Capstone Asset Management Co.’s holdings in Pearson, PLC were worth $818,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp increased its stake in Pearson, PLC by 41.3% in the first quarter. Bank of New York Mellon Corp now owns 34,427 shares of the company’s stock valued at $292,000 after buying an additional 10,060 shares during the period. US Bancorp DE increased its stake in Pearson, PLC by 20.7% in the first quarter. US Bancorp DE now owns 11,872 shares of the company’s stock valued at $101,000 after buying an additional 2,035 shares during the period. Capital Fund Management S.A. purchased a new stake in Pearson, PLC during the first quarter valued at $305,000. Advisors Asset Management Inc. increased its stake in Pearson, PLC by 12.9% in the first quarter. Advisors Asset Management Inc. now owns 180,898 shares of the company’s stock valued at $1,534,000 after buying an additional 20,647 shares during the period. Finally, State Treasurer State of Michigan increased its stake in Pearson, PLC by 2.1% in the first quarter. State Treasurer State of Michigan now owns 1,061,600 shares of the company’s stock valued at $9,002,000 after buying an additional 21,500 shares during the period. 1.99% of the stock is currently owned by institutional investors.

Pearson, PLC (NYSE PSO) traded down 1.15% on Friday, hitting $7.73. The stock had a trading volume of 355,128 shares. Pearson, PLC has a 52-week low of $7.04 and a 52-week high of $11.69. The stock’s 50-day moving average is $8.34 and its 200-day moving average is $8.43. The company’s market cap is $6.30 billion.

The firm also recently declared a semiannual dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Friday, August 18th will be given a dividend of $0.065 per share. The ex-dividend date is Wednesday, August 16th. This represents a yield of 1.6%.

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Several research analysts recently issued reports on the company. Zacks Investment Research raised Pearson, PLC from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a research report on Wednesday, May 10th. Kepler Capital Markets lowered Pearson, PLC from a “buy” rating to a “hold” rating in a research report on Thursday, May 11th. BidaskClub raised Pearson, PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Finally, Macquarie raised Pearson, PLC from a “neutral” rating to an “outperform” rating in a research report on Friday, July 14th. Five research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $10.00.

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.

Institutional Ownership by Quarter for Pearson, PLC (NYSE:PSO)

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