Pearson plc (LON:PSON) Insider Alison Dolan Buys 1,200 Shares

Pearson plc (LON:PSON) insider Alison Dolan bought 1,200 shares of Pearson stock in a transaction that occurred on Monday, March 31st. The shares were bought at an average cost of GBX 1,224 ($15.89) per share, with a total value of £14,688 ($19,072.85).

Pearson Stock Performance

PSON opened at GBX 1,215 ($15.78) on Thursday. The firm has a market cap of £8.20 billion, a P/E ratio of 23.55, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31. The company has a debt-to-equity ratio of 42.49, a quick ratio of 1.07 and a current ratio of 1.78. Pearson plc has a 52-week low of GBX 925.20 ($12.01) and a 52-week high of GBX 1,401 ($18.19). The business’s fifty day moving average is GBX 1,297.36 and its 200-day moving average is GBX 1,213.12.

Pearson (LON:PSON) last announced its quarterly earnings data on Friday, February 28th. The company reported GBX 62.10 ($0.81) EPS for the quarter. Pearson had a net margin of 9.83% and a return on equity of 8.98%.

Pearson Increases Dividend

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

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. increased their target price on Pearson from GBX 1,400 ($18.18) to GBX 1,450 ($18.83) and gave the stock an “overweight” rating in a research note on Tuesday, January 14th.

About Pearson

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.