Insider Buying: Schroders (LON:SDR) Insider Purchases 34 Shares of Stock

Key Points

• Insider Meagen Burnett bought 34 shares of Schroders (LON:SDR) on March 10 at an average price of GBX 586, following earlier purchases of 44 shares on Feb 10 at GBX 467 and 48 shares on Jan 12 at GBX 416, showing continued insider buying.
• SDR traded flat at GBX 586 midday, sits in a 12‑month range of GBX 283.40–599.50 with a market cap of £9.09bn and a P/E of 17.44; analysts hold a consensus "Moderate Buy" rating with an average price target of GBX 413.86.

Schroders plc (LON:SDR - Get Free Report) insider Meagen Burnett acquired 34 shares of the firm's stock in a transaction on Tuesday, March 10th. The stock was purchased at an average cost of GBX 586 per share, with a total value of £199.24.

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

• On Tuesday, February 10th, Meagen Burnett bought 44 shares of Schroders stock. The shares were acquired at an average cost of GBX 467 per share, for a total transaction of £205.48.
• On Monday, January 12th, Meagen Burnett acquired 48 shares of Schroders stock. The shares were acquired at an average price of GBX 416 per share, with a total value of £199.68.

Schroders Price Performance

SDR stock remained flat at GBX 586 during midday trading on Wednesday. The company's stock had a trading volume of 5,012,503 shares, compared to its average volume of 17,208,664. Schroders plc has a twelve month low of GBX 283.40 and a twelve month high of GBX 599.50. The stock has a market cap of £9.09 billion, a price-to-earnings ratio of 17.44, a price-to-earnings-growth ratio of 1.28 and a beta of 1.23. The company's 50-day moving average price is GBX 496.40 and its two-hundred day moving average price is GBX 424.24.

Schroders (LON:SDR - Get Free Report) last issued its earnings results on Thursday, February 12th. The company reported GBX 36.60 earnings per share (EPS) for the quarter. Schroders had a net margin of 16.44% and a return on equity of 12.35%. On average, equities research analysts predict that Schroders plc will post 33.7347131 earnings per share for the current fiscal year.

Analyst Ratings Changes

SDR has been the subject of several research analyst reports. Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 420 price target on shares of Schroders in a research note on Friday, January 9th. JPMorgan Chase & Co. restated an "overweight" rating on shares of Schroders in a report on Friday, January 9th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of GBX 413.86.

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.

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