Schroders (LON:SDR) Insider Richard Oldfield Buys 26 Shares

Key Points

• Insider buying: Schroders director Richard Oldfield purchased 26 shares at GBX 584 each, worth £151.84, following two earlier purchases at the same price.
• Stock performance: Schroders opened at GBX 584, up 0.1%, with a £9.11 billion market capitalization. Its shares have traded between GBX 358.60 and GBX 599.50 over the past year.
• Analyst outlook: Analysts hold a “Moderate Buy” consensus, though Citigroup rates the stock “neutral.” The average target price is GBX 453.33, below the current share price.

Schroders plc (LON:SDR - Get Free Report) insider Richard Oldfield purchased 26 shares of the company's stock in a transaction that occurred on Thursday, August 20th. The stock was bought at an average cost of GBX 584 per share, for a total transaction of £151.84.

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

• On Monday, August 10th, Richard Oldfield bought 43 shares of Schroders stock. The shares were acquired at an average cost of GBX 584 per share, for a total transaction of £251.12.
• On Wednesday, June 10th, Richard Oldfield acquired 43 shares of Schroders stock. The shares were purchased at an average cost of GBX 584 per share, with a total value of £251.12.

Schroders Stock Up 0.1%

SDR stock opened at GBX 584 on Friday. The company has a market capitalization of £9.11 billion, a price-to-earnings ratio of 13.43, a P/E/G ratio of 1.28 and a beta of 1.08. Schroders plc has a 12 month low of GBX 358.60 and a 12 month high of GBX 599.50. The firm has a 50 day moving average of GBX 585.96 and a two-hundred day moving average of GBX 575.63.

Schroders (LON:SDR - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported GBX 22.30 earnings per share for the quarter. Schroders had a return on equity of 15.55% and a net margin of 19.32%. On average, research analysts expect that Schroders plc will post 33.7347131 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Citigroup downgraded Schroders to a "neutral" rating and increased their target price for the company from GBX 460 to GBX 590 in a research note on Thursday, April 30th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Schroders currently has an average rating of "Moderate Buy" and an average target price of GBX 453.33.

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. 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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