Schroders (LON:SDR) Insider Richard Oldfield Acquires 42 Shares

Key Points

• Richard Oldfield bought 42 shares on March 10 at GBX 586, adding to prior purchases of 53 shares (Feb 10 at GBX 467) and 60 shares (Jan 12 at GBX 416), for a total of 155 shares bought over three months.
• Schroders shares traded flat at GBX 586, sitting above the 50‑day (GBX 496.40) and 200‑day (GBX 424.24) moving averages and close to the 12‑month high of GBX 599.50.
• Analysts hold a "Moderate Buy" consensus with a target of GBX 413.86, well below the current price; the stock has a market cap of £9.09bn and a P/E of 17.44.

Schroders plc (LON:SDR - Get Free Report) insider Richard Oldfield bought 42 shares of the business's stock in a transaction that occurred on Tuesday, March 10th. The stock was purchased at an average cost of GBX 586 per share, with a total value of £246.12.

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

• On Tuesday, February 10th, Richard Oldfield purchased 53 shares of Schroders stock. The shares were purchased at an average cost of GBX 467 per share, for a total transaction of £247.51.
• On Monday, January 12th, Richard Oldfield purchased 60 shares of Schroders stock. The shares were purchased at an average price of GBX 416 per share, with a total value of £249.60.

Schroders Stock Performance

Shares of LON:SDR remained flat at GBX 586 during trading on Wednesday. 5,012,503 shares of the stock were exchanged, compared to its average volume of 17,208,664. The firm's fifty day moving average is GBX 496.40 and its two-hundred day moving average is GBX 424.24. The firm has a market cap of £9.09 billion, a PE ratio of 17.44, a P/E/G ratio of 1.28 and a beta of 1.23. Schroders plc has a twelve month low of GBX 283.40 and a twelve month high of GBX 599.50.

Schroders (LON:SDR - Get Free Report) last announced 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%. Equities analysts anticipate that Schroders plc will post 33.7347131 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of Schroders in a research report on Friday, January 9th. Jefferies Financial Group reissued a "hold" rating and issued a GBX 420 price target on shares of Schroders in a research note on Friday, January 9th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price 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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