Insider Buying: Pearson plc (LON:PSON) Insider Buys 1,200 Shares of Stock

Pearson plc (LON:PSON) insider Alison Dolan purchased 1,200 shares of the company’s stock in a transaction on Monday, March 31st. The shares were purchased at an average cost of GBX 1,224 ($15.81) per share, with a total value of £14,688 ($18,976.74).

Pearson Trading Up 0.8 %

Shares of Pearson stock traded up GBX 10 ($0.13) during midday trading on Tuesday, reaching GBX 1,228 ($15.87). 2,566,489 shares of the company’s stock traded hands, compared to its average volume of 8,637,175. The stock has a 50 day moving average of GBX 1,299.96 and a 200-day moving average of GBX 1,212.01. Pearson plc has a 12 month low of GBX 925.20 ($11.95) and a 12 month high of GBX 1,401 ($18.10). The company has a market cap of £8.29 billion, a PE ratio of 23.80, 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 (LON:PSON) last issued its quarterly earnings data on Friday, February 28th. The company reported GBX 62.10 ($0.80) 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 declared a dividend, which will be paid on Friday, May 9th. Investors of record on Thursday, March 20th will be given a dividend of GBX 16.60 ($0.21) per share. This is a boost from Pearson’s previous dividend of $7.40. This represents a yield of 1.33%. The ex-dividend date of this dividend is Thursday, March 20th. Pearson’s dividend payout ratio (DPR) is 44.58%.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. upped their price objective on shares of Pearson from GBX 1,400 ($18.09) to GBX 1,450 ($18.73) and gave the company an “overweight” rating in a research note on Tuesday, January 14th.

Pearson Company Profile

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.