Richard Oldfield Buys 44 Shares of Schroders (LON:SDR) Stock

Schroders plc (LON:SDR) insider Richard Oldfield acquired 44 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average price of GBX 581 per share, for a total transaction of £255.64.

Richard Oldfield also recently made the following trade(s):

• On Friday, April 10th, Richard Oldfield acquired 43 shares of Schroders stock. The stock was purchased at an average price of GBX 579 per share, for a total transaction of £248.97.
• On Tuesday, March 10th, Richard Oldfield acquired 42 shares of Schroders stock. The stock was purchased at an average price of GBX 586 per share, for a total transaction of £246.12.

Schroders Stock Down 0.1%

LON:SDR traded down GBX 0.50 during mid-day trading on Tuesday, reaching GBX 580.50. The stock had a trading volume of 3,226,680 shares, compared to its average volume of 16,432,285. The business’s 50 day moving average is GBX 578.46 and its 200 day moving average is GBX 482.42. Schroders plc has a fifty-two week low of GBX 334 and a fifty-two week high of GBX 599.50. The stock has a market cap of £9.05 billion, a P/E ratio of 17.28, a PEG ratio of 1.28 and a beta of 1.08. The company has a debt-to-equity ratio of 20.74, a current ratio of 92.37 and a quick ratio of 4.32.

Schroders (LON:SDR) last released its quarterly earnings data on Thursday, February 12th. The company reported GBX 36.60 EPS for the quarter. Schroders had a return on equity of 12.35% and a net margin of 16.44%. As a group, sell-side analysts predict that Schroders plc will post 33.7347131 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Citigroup downgraded Schroders to a “neutral” rating and increased their price target for the company from GBX 460 to GBX 590 in a report on Thursday, April 30th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Schroders currently has an average rating of “Moderate Buy” and a consensus target price of GBX 453.33.

About Schroders

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.