Schroders plc (LON:SDR) Insider Buys £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 acquired 62 shares of the business's stock in a transaction on Monday, August 11th. The stock was acquired at an average price of GBX 396 ($5.32) per share, for a total transaction of £245.52 ($329.78).

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

• On Thursday, July 10th, Richard Oldfield acquired 65 shares of Schroders stock. The stock was acquired at an average price of GBX 383 ($5.14) per share, for a total transaction of £248.95 ($334.39).
• On Tuesday, June 10th, Richard Oldfield bought 68 shares of Schroders stock. The stock was purchased at an average price of GBX 371 ($4.98) per share, for a total transaction of £252.28 ($338.86).

Schroders Stock Performance

Schroders stock traded down GBX 0.60 ($0.01) during midday trading on Tuesday, reaching GBX 397.80 ($5.34). 1,380,203 shares of the company traded hands, compared to its average volume of 4,736,815. The firm has a market capitalization of £6.17 billion, a price-to-earnings ratio of 17.37, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The business has a 50 day moving average of GBX 378.84 and a two-hundred day moving average of GBX 361.10. Schroders plc has a 12 month low of GBX 283.40 ($3.81) and a 12 month high of GBX 428.80 ($5.76). The company has a debt-to-equity ratio of 12.95, a current ratio of 4.90 and a quick ratio of 4.32.

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on SDR. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a GBX 373 ($5.01) target price on shares of Schroders in a research note on Monday, July 7th. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 390 ($5.24) target price on shares of Schroders in a research note on Friday. Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 435 ($5.84) target price on shares of Schroders in a research note on Wednesday, August 6th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Schroders from GBX 390 ($5.24) to GBX 400 ($5.37) and gave the stock a "hold" rating in a research note on Friday, August 1st. Finally, Canaccord Genuity Group dropped their target price on shares of Schroders from GBX 496 ($6.66) to GBX 337 ($4.53) and set a "hold" rating on the stock in a research note on Wednesday, April 30th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Schroders presently has a consensus rating of "Hold" and an average price target of GBX 387 ($5.20).

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.

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