Pearson (NYSE:PSO) Sees Strong Trading Volume - Should You Buy?

Pearson plc (NYSE:PSO - Get Free Report) saw an uptick in trading volume on Monday . 705,911 shares were traded during mid-day trading, an increase of 73% from the previous session's volume of 407,606 shares.The stock last traded at $15.07 and had previously closed at $15.36.Analyst Upgrades and DowngradesWill ChatGPT Be the Final Nail in the Coffin for Chegg?PSO has been the subject of a number of research reports. National Bankshares set a $18.00 price objective on Pearson in a research report on Tuesday, February 18th. StockNews.com upgraded shares of Pearson from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Finally, The Goldman Sachs Group initiated coverage on shares of Pearson in a research note on Wednesday, March 26th. They issued a "buy" rating on the stock.Read Our Latest Stock Report on PearsonPearson Trading Down 3.0 %The company has a quick ratio of 1.72, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The business has a 50-day moving average of $16.56 and a 200-day moving average of $15.56. The stock has a market cap of $9.93 billion, a price-to-earnings ratio of 15.85, a PEG ratio of 2.65 and a beta of 0.42. Pearson Increases DividendThe company also recently disclosed a semi-annual dividend, which will be paid on Friday, May 16th. Investors of record on Friday, March 21st will be issued a $0.2092 dividend. The ex-dividend date of this dividend is Friday, March 21st. This represents a yield of 1.7%. This is an increase from Pearson's previous semi-annual dividend of $0.10. Pearson's dividend payout ratio is currently 43.62%. Institutional Inflows and OutflowsA number of hedge funds and other institutional investors have recently modified their holdings of PSO. Arrowstreet Capital Limited Partnership grew its holdings in Pearson by 49.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 844,228 shares of the company's stock valued at $13,609,000 after purchasing an additional 279,369 shares during the last quarter. Northern Trust Corp increased its position in shares of Pearson by 69.0% during the fourth quarter. Northern Trust Corp now owns 705,622 shares of the company's stock valued at $11,375,000 after purchasing an additional 288,114 shares during the period. Optiver Holding B.V. raised its stake in shares of Pearson by 135.5% in the 4th quarter. Optiver Holding B.V. now owns 495,797 shares of the company's stock valued at $7,992,000 after buying an additional 285,234 shares in the last quarter. ABC Arbitrage SA acquired a new position in Pearson in the fourth quarter worth about $4,780,000. Finally, FMR LLC lifted its position in shares of Pearson by 20.7% during the 3rd quarter. FMR LLC now owns 275,310 shares of the company's stock worth $3,736,000 after buying an additional 47,296 shares during the period. Institutional investors own 2.14% of the company's stock. About Pearson (Get Free Report)Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills, and Higher Education.Featured ArticlesFive stocks we like better than PearsonManufacturing Stocks InvestingOptions Activity Points to More Volatility for Palantir StockFind and Profitably Trade Stocks at 52-Week LowsNVIDIA Stock: Oversold, Undervalued — How Low Can It Go?How to find penny stocks to invest and trade MicroStrategy Sees Insider Buy-Sell Action in Q1This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Pearson Right Now?Before you consider Pearson, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pearson wasn't on the list.While Pearson currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here