Schroders (LON:SDR) Insider Meagen Burnett Purchases 54 Shares

Key Points

• Meagen Burnett, an insider at Schroders plc, purchased 54 shares at an average price of GBX 372 each, totaling £200.88, following previous purchases in August and July that also involved small acquisition amounts.
• Schroders' stock has shown **mixed performance**, currently trading at GBX 375.60 with a 50-day moving average of GBX 387.44, and a market cap of £5.82 billion.
• Equity analysts maintain a consensus rating of **"Hold"** for Schroders, with a **price target** averaging GBX 387, reflecting cautious optimism following varied ratings from several financial institutions.

Schroders plc (LON:SDR - Get Free Report) insider Meagen Burnett acquired 54 shares of the company's stock in a transaction that occurred on Wednesday, September 10th. The shares were acquired at an average cost of GBX 372 per share, for a total transaction of £200.88.

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

• On Monday, August 11th, Meagen Burnett bought 50 shares of Schroders stock. The stock was purchased at an average cost of GBX 396 per share, with a total value of £198.
• On Thursday, July 10th, Meagen Burnett acquired 52 shares of Schroders stock. The shares were bought at an average cost of GBX 383 per share, with a total value of £199.16.

Schroders Stock Performance

Shares of SDR traded up GBX 4.20 during mid-day trading on Thursday, hitting GBX 375.60. 1,213,176 shares of the company traded hands, compared to its average volume of 5,537,432. 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 stock has a 50-day moving average price of GBX 387.44 and a two-hundred day moving average price of GBX 363.89. Schroders plc has a 1 year low of GBX 283.40 and a 1 year high of GBX 428.80. The stock has a market cap of £5.82 billion, a price-to-earnings ratio of 1,684.30, a P/E/G ratio of 1.28 and a beta of 1.17.

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

Wall Street Analyst Weigh In

SDR has been the topic of a number of research reports. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a GBX 373 price objective on shares of Schroders in a research note on Monday, July 7th. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 390 target price on shares of Schroders in a report on Friday, August 8th. 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. Deutsche Bank Aktiengesellschaft raised their price objective on Schroders from GBX 390 to GBX 400 and gave the company a "hold" rating in a report on Friday, August 1st. Finally, Citigroup reissued a "neutral" rating on shares of Schroders in a report on Monday, August 4th. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of GBX 387.

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.

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