Meagen Burnett Purchases 48 Shares of Schroders (LON:SDR) Stock

Schroders plc (LON:SDR) insider Meagen Burnett acquired 48 shares of the firm’s stock in a transaction on Monday, January 12th. The shares were bought at an average cost of GBX 416 per share, for a total transaction of £199.68.

Meagen Burnett also recently made the following trade(s):

• On Monday, November 10th, Meagen Burnett bought 52 shares of Schroders stock. The stock was bought at an average cost of GBX 389 per share, with a total value of £202.28.

Schroders Price Performance

Shares of SDR stock traded down GBX 3.40 during trading hours on Tuesday, reaching GBX 413. 1,986,211 shares of the company were exchanged, compared to its average volume of 5,195,827. Schroders plc has a fifty-two week low of GBX 283.40 and a fifty-two week high of GBX 428.80. The company has a debt-to-equity ratio of 12.95, a current ratio of 4.90 and a quick ratio of 4.32. The stock’s fifty day moving average is GBX 394.83 and its two-hundred day moving average is GBX 387.85. The company has a market cap of £6.40 billion, a price-to-earnings ratio of 18.52, a P/E/G ratio of 1.28 and a beta of 1.17.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SDR. UBS Group reissued a “buy” rating and issued a GBX 455 target price on shares of Schroders in a research note on Friday, October 17th. Citigroup decreased their price target on Schroders from GBX 435 to GBX 430 and set a “buy” rating on the stock in a report on Friday, October 24th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Schroders in a research report on Friday. Jefferies Financial Group restated a “hold” rating and set a GBX 420 target price on shares of Schroders in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Schroders from GBX 400 to GBX 420 and gave the company a “hold” rating in a research note on Monday, October 6th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Schroders presently has an average rating of “Moderate Buy” and an average target price of GBX 413.86.

Schroders Company Profile

Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments. The firm launches and manages equity mutual funds and manages fixed income mutual funds for its clients. It also manages hedge for its clients. The firm invests in the public equity, fixed income, and alternative investment markets across the globe.