Schroders (LON:SDR) Share Price Passes Above 200 Day Moving Average - Time to Sell?

Shares of Schroders plc (LON:SDR - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 338.95 ($4.50) and traded as high as GBX 343.60 ($4.57). Schroders shares last traded at GBX 340 ($4.52), with a volume of 2,460,475 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on SDR shares. Royal Bank of Canada lifted their target price on Schroders from GBX 395 ($5.25) to GBX 475 ($6.31) and gave the company an "outperform" rating in a report on Thursday, March 20th. Deutsche Bank Aktiengesellschaft lifted their target price on Schroders from GBX 375 ($4.98) to GBX 400 ($5.31) and gave the company a "hold" rating in a report on Friday, March 7th. Finally, Canaccord Genuity Group reduced their target price on Schroders from GBX 496 ($6.59) to GBX 337 ($4.48) and set a "hold" rating for the company in a report on Wednesday, April 30th.

Schroders Stock Up 0.2%

The company has a debt-to-equity ratio of 12.95, a current ratio of 4.90 and a quick ratio of 4.32. The company has a market cap of £5.29 billion, a PE ratio of 14.88, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The company has a fifty day moving average price of GBX 343.47 and a 200 day moving average price of GBX 338.50.

Schroders (LON:SDR - Get Free Report) last issued its quarterly earnings data on Friday, March 7th. The company reported GBX 26.40 ($0.35) EPS for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. As a group, analysts anticipate that Schroders plc will post 33.7347131 EPS for the current year.

Schroders Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 24th. Shareholders of record on Thursday, March 20th were paid a GBX 35.55 ($0.47) dividend. The ex-dividend date was Thursday, March 20th. This represents a yield of 4.5%. This is a positive change from Schroders's previous dividend of $10.00. Schroders's dividend payout ratio is currently 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.