Shares of Pearson PLC (NYSE:PSO) traded down 1.6% during mid-day trading on Wednesday . The stock traded as low as $12.29 and last traded at $12.49, with a volume of 272,314 shares traded. The stock had previously closed at $12.69.

Several analysts have issued reports on the stock. Zacks Investment Research lowered shares of Pearson PLC from a “hold” rating to a “sell” rating in a research report on Saturday. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Pearson PLC in a report on Tuesday, June 21st. Shore Capital reiterated a “hold” rating on shares of Pearson PLC in a report on Tuesday, June 21st. Jefferies Group reiterated a “buy” rating on shares of Pearson PLC in a report on Wednesday, May 25th. Finally, Deutsche Bank AG reiterated a “sell” rating on shares of Pearson PLC in a report on Friday, May 20th. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company’s stock. Pearson PLC currently has an average rating of “Hold”.

The stock has a market cap of $10.16 billion and a PE ratio of 9.16. The stock has a 50 day moving average price of $12.15 and a 200 day moving average price of $11.68.

A number of hedge funds and institutional investors recently bought and sold shares of the stock. Stevens Capital Management LP bought a new position in Pearson PLC during the fourth quarter worth $1,057,000. TD Asset Management Inc. raised its position in shares of Pearson PLC by 10.4% in the fourth quarter. TD Asset Management Inc. now owns 161,780 shares of the company’s stock valued at $1,744,000 after buying an additional 15,228 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Pearson PLC by 0.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,283,401 shares of the company’s stock valued at $24,615,000 after buying an additional 16,292 shares during the last quarter.

Pearson plc (Pearson) is an international education and media company. The Company has operations in the education, business information and consumer publishing markets. The Company operates through three segments: North America, Core and Growth. The North American business serves educators and students in the United States and Canada from early education through elementary, middle and high schools and into higher education with a range of products and services, such as courseware, assessments and services.

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