Meagen Burnett Buys 50 Shares of Schroders (LON:SDR) Stock

Key Points

• Meagen Burnett, an insider at Schroders plc, purchased 50 shares of stock on October 10th at an average price of GBX 399, totaling £199.50.
• The stock recently traded up to GBX 398, with analyst ratings showing a consensus of "Hold" and an average price target of GBX 398.33.
• Schroders plc reported earnings of GBX 9.10 per share with a net margin of 12.81% and has a market capitalization of £6.17 billion.

Schroders plc (LON:SDR - Get Free Report) insider Meagen Burnett bought 50 shares of the company's stock in a transaction that occurred on Friday, October 10th. The stock was purchased at an average price of GBX 399 per share, for a total transaction of £199.50.

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

• On Wednesday, September 10th, Meagen Burnett bought 54 shares of Schroders stock. The stock was purchased at an average price of GBX 372 per share, for a total transaction of £200.88.
• On Monday, August 11th, Meagen Burnett acquired 50 shares of Schroders stock. The shares were bought at an average price of GBX 396 per share, for a total transaction of £198.

Schroders Stock Performance

Shares of LON:SDR traded up GBX 2.60 on Monday, hitting GBX 398. 5,781,082 shares of the company were exchanged, compared to its average volume of 5,167,726. The company's 50 day moving average price is GBX 383.88 and its two-hundred day moving average price is GBX 363.44. Schroders plc has a one year low of GBX 283.40 and a one year high of GBX 428.80. The company has a debt-to-equity ratio of 12.95, a quick ratio of 4.32 and a current ratio of 4.90. The firm has a market capitalization of £6.17 billion, a price-to-earnings ratio of 1,784.75, a PEG ratio of 1.28 and a beta of 1.17.

Schroders (LON:SDR - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported GBX 9.10 earnings per share for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. Research analysts expect that Schroders plc will post 33.7347131 earnings per share for the current year.

Analyst Ratings Changes

SDR has been the subject of a number of analyst reports. Citigroup raised shares of Schroders to a "buy" rating and lifted their price objective for the company from GBX 420 to GBX 435 in a research report on Friday, October 3rd. JPMorgan Chase & Co. reissued a "neutral" rating and issued a GBX 373 price objective on shares of Schroders in a research report on Monday, July 7th. Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 390 target price on shares of Schroders in a report on Friday, August 8th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Schroders from GBX 400 to GBX 420 and gave the stock a "hold" rating in a report on Monday, October 6th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 435 target price on shares of Schroders in a report on Wednesday, August 6th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of GBX 398.33.

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.

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