Insider Buying: Schroders (LON:SDR) Insider Purchases 54 Shares of Stock

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 Schroders stock in a transaction that occurred on Wednesday, September 10th. The shares were purchased 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 price of GBX 396 per share, for a total transaction of £198.
• On Thursday, July 10th, Meagen Burnett purchased 52 shares of Schroders stock. The shares were purchased at an average cost of GBX 383 per share, for a total transaction of £199.16.

Schroders Trading Down 1.1%

Shares of SDR stock traded down GBX 4 on Tuesday, hitting GBX 373.80. The stock had a trading volume of 1,067,204 shares, compared to its average volume of 5,461,401. The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95. Schroders plc has a twelve month low of GBX 283.40 and a twelve month high of GBX 428.80. The company has a fifty day moving average price of GBX 387.81 and a two-hundred day moving average price of GBX 363.73. The firm has a market cap of £5.80 billion, a P/E ratio of 1,676.23, a PEG ratio of 1.28 and a beta of 1.17.

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

Analysts Set New Price Targets

Several analysts have commented on SDR shares. Citigroup restated a "neutral" rating on shares of Schroders in a report on Monday, August 4th. Jefferies Financial Group restated a "hold" rating and set a GBX 390 price objective on shares of Schroders in a report on Friday, August 8th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a GBX 373 target price on shares of Schroders in a report on Monday, July 7th. Deutsche Bank Aktiengesellschaft lifted their price target on Schroders from GBX 390 to GBX 400 and gave the company a "hold" rating in a research note on Friday, August 1st. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 435 price objective on shares of Schroders in a research report on Wednesday, August 6th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price 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.