Schroders (LON:SDR) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Schroders plc (LON:SDR - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 339.68 ($4.61) and traded as high as GBX 366 ($4.97). Schroders shares last traded at GBX 365.40 ($4.96), with a volume of 1,826,039 shares traded.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Canaccord Genuity Group reduced their target price on shares of Schroders from GBX 496 ($6.74) to GBX 337 ($4.58) and set a "hold" rating on the stock in a research report on Wednesday, April 30th. JPMorgan Chase & Co. reissued a "neutral" rating and set a GBX 357 ($4.85) target price on shares of Schroders in a research report on Monday, May 19th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Schroders from GBX 375 ($5.09) to GBX 400 ($5.43) and gave the stock a "hold" rating in a research report on Friday, March 7th. Finally, Royal Bank of Canada boosted their target price on shares of Schroders from GBX 395 ($5.36) to GBX 475 ($6.45) and gave the stock an "outperform" rating in a research report on Thursday, March 20th.

Schroders Trading Up 1.1%

The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95. The firm's 50 day simple moving average is GBX 331.35 and its two-hundred day simple moving average is GBX 339.68. The stock has a market cap of £5.73 billion, a P/E ratio of 16.13, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17.

Schroders (LON:SDR - Get Free Report) last released its earnings results on Friday, March 7th. The company reported GBX 26.40 ($0.36) earnings per share for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. As a group, equities research analysts predict that Schroders plc will post 33.7347131 earnings per share for the current fiscal year.

Schroders Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 24th. Shareholders of record on Thursday, March 20th were paid a dividend of GBX 35.55 ($0.48) per share. This is a positive change from Schroders's previous dividend of $10.00. The ex-dividend date of this dividend was Thursday, March 20th. This represents a yield of 4.5%. Schroders's payout ratio is presently 96.08%.

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.