Schroders plc (LON:SDR) Insider Acquires £245.52 in Stock

Key Points

• Insider Richard Oldfield purchased 62 shares of Schroders plc stock for a total of £245.52 as part of a series of recent transactions, indicating confidence in the company at an average price of GBX 396 ($5.32) per share.
• Analyst ratings on Schroders stock show a consensus "Hold" with a target price averaging GBX 387 ($5.20), following various evaluations from firms like JPMorgan and Deutsche Bank.
• Schroders reported a quarterly earnings per share (EPS) of GBX 9.10 ($0.12) with a market capitalization of £6.17 billion, reflecting a stable financial performance amid fluctuating stock prices.

Schroders plc (LON:SDR - Get Free Report) insider Richard Oldfield bought 62 shares of the stock in a transaction on Monday, August 11th. The shares were acquired at an average cost of GBX 396 ($5.37) per share, with a total value of £245.52 ($332.77).

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

• On Thursday, July 10th, Richard Oldfield purchased 65 shares of Schroders stock. The shares were purchased at an average price of GBX 383 ($5.19) per share, for a total transaction of £248.95 ($337.42).
• On Tuesday, June 10th, Richard Oldfield purchased 68 shares of Schroders stock. The shares were purchased at an average price of GBX 371 ($5.03) per share, for a total transaction of £252.28 ($341.94).

Schroders Price Performance

LON SDR traded down GBX 4.20 ($0.06) during trading hours on Friday, hitting GBX 395.80 ($5.36). The company had a trading volume of 1,317,683 shares, compared to its average volume of 4,668,616. Schroders plc has a 52 week low of GBX 283.40 ($3.84) and a 52 week high of GBX 428.80 ($5.81). The firm has a 50 day simple moving average of GBX 381.31 and a 200 day simple moving average of GBX 362.51. The company has a debt-to-equity ratio of 12.95, a quick ratio of 4.32 and a current ratio of 4.90. The firm has a market capitalization of £6.14 billion, a price-to-earnings ratio of 17.29, a PEG ratio of 1.28 and a beta of 1.17.

Schroders (LON:SDR - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported GBX 9.10 ($0.12) EPS for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. Equities research analysts expect that Schroders plc will post 33.7347131 earnings per share for the current year.

Analyst Ratings Changes

SDR has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on Schroders from GBX 390 ($5.29) to GBX 400 ($5.42) and gave the stock a "hold" rating in a report on Friday, August 1st. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a GBX 373 ($5.06) target price on shares of Schroders in a research report on Monday, July 7th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 435 ($5.90) target price on shares of Schroders in a research report on Wednesday, August 6th. Canaccord Genuity Group lowered their target price on Schroders from GBX 496 ($6.72) to GBX 337 ($4.57) and set a "hold" rating on the stock in a research report on Wednesday, April 30th. Finally, Citigroup reaffirmed a "neutral" rating on shares of Schroders in a research report on Monday, August 4th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Schroders has an average rating of "Hold" and an average target price of GBX 387 ($5.25).

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.