Pearson plc (LON:PSON) Insider Sally Johnson Sells 63,957 Shares

Pearson plc (LON:PSONGet Free Report) insider Sally Johnson sold 63,957 shares of the company’s stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of GBX 1,174 ($15.68), for a total value of £750,855.18 ($1,002,610.74).

Pearson Trading Down 1.1 %

LON PSON opened at GBX 1,169 ($15.61) on Wednesday. The firm has a market capitalization of £7.89 billion, a PE ratio of 22.66, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31. The business’s 50-day moving average price is GBX 1,211.81 and its two-hundred day moving average price is GBX 1,235.08. The company has a current ratio of 1.78, a quick ratio of 1.07 and a debt-to-equity ratio of 42.49. Pearson plc has a 12 month low of GBX 925.20 ($12.35) and a 12 month high of GBX 1,401 ($18.71).

Pearson (LON:PSONGet Free Report) last announced its earnings results on Friday, February 28th. The company reported GBX 62.10 ($0.83) EPS for the quarter. Pearson had a return on equity of 8.98% and a net margin of 9.83%.

Pearson Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 9th. Investors of record on Thursday, March 20th will be issued a GBX 16.60 ($0.22) dividend. This is a positive change from Pearson’s previous dividend of $7.40. The ex-dividend date is Thursday, March 20th. This represents a yield of 1.33%. Pearson’s payout ratio is presently 44.58%.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. upped their price target on shares of Pearson from GBX 1,400 ($18.69) to GBX 1,450 ($19.36) and gave the company an “overweight” rating in a research report on Tuesday, January 14th.

View Our Latest Stock Report on PSON

Pearson Company Profile

(Get Free Report)

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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