Schroders plc (LON:SDR) Insider Meagen Burnett Acquires 50 Shares

Key Points

• Meagen Burnett, an insider at Schroders plc, purchased 50 shares of the company's stock at an average price of GBX 396 ($5.32) on August 11th.
• Schroders plc has a market capitalization of £6.17 billion and reported earnings of GBX 9.10 ($0.12) per share for the last quarter.
• Analysts have set a consensus target price of GBX 387 ($5.20) for Schroders, with the stock currently holding a "Hold" rating from five analysts.

Schroders plc (LON:SDR - Get Free Report) insider Meagen Burnett acquired 50 shares of the business's stock in a transaction dated Monday, August 11th. The stock was acquired at an average price of GBX 396 ($5.37) per share, for a total transaction of £198 ($268.37).

Meagen Burnett also recently made the following trade(s):

• On Thursday, July 10th, Meagen Burnett purchased 52 shares of Schroders stock. The shares were purchased at an average price of GBX 383 ($5.19) per share, for a total transaction of £199.16 ($269.94).

Schroders Stock Performance

Schroders stock traded down GBX 4.20 ($0.06) during mid-day trading on Friday, reaching GBX 395.80 ($5.36). 1,317,683 shares of the stock traded hands, compared to its average volume of 4,668,616. The stock has a market capitalization of £6.14 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. 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 plc has a 12-month low of GBX 283.40 ($3.84) and a 12-month high of GBX 428.80 ($5.81). The business's 50-day moving average is GBX 381.31 and its 200-day moving average is GBX 362.51.

Schroders (LON:SDR - Get Free Report) last posted its quarterly earnings data 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%. As a group, sell-side analysts predict that Schroders plc will post 33.7347131 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on SDR shares. Citigroup reissued a "neutral" rating on shares of Schroders in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft boosted their price target on Schroders from GBX 390 ($5.29) to GBX 400 ($5.42) and gave the stock a "hold" rating in a research note on Friday, August 1st. Canaccord Genuity Group decreased their price target on Schroders from GBX 496 ($6.72) to GBX 337 ($4.57) and set a "hold" rating for the company in a research note on Wednesday, April 30th. Royal Bank Of Canada restated an "outperform" rating and issued a GBX 435 ($5.90) price target on shares of Schroders in a research note on Wednesday, August 6th. Finally, Jefferies Financial Group restated a "hold" rating and issued a GBX 390 ($5.29) price target on shares of Schroders in a research note on Friday, August 8th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus 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.