Schroders plc (LON:SDR) Insider Meagen Burnett Purchases 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 bought 50 shares of the business's stock in a transaction on Monday, August 11th. The stock was bought at an average cost of GBX 396 ($5.32) per share, for a total transaction of £198 ($265.95).

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

• On Thursday, July 10th, Meagen Burnett bought 52 shares of Schroders stock. The stock was bought at an average cost of GBX 383 ($5.14) per share, for a total transaction of £199.16 ($267.51).

Schroders Stock Performance

Shares of LON SDR traded down GBX 0.60 ($0.01) during midday trading on Tuesday, hitting GBX 397.80 ($5.34). 1,380,203 shares of the company's stock were exchanged, compared to its average volume of 4,736,815. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95. 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's 50 day moving average price is GBX 378.84 and its 200 day moving average price is GBX 361.10. The firm has a market capitalization of £6.17 billion, a PE ratio of 17.37, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17.

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

Analysts Set New Price Targets

SDR has been the topic of a number of research analyst reports. Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 435 ($5.84) price target on shares of Schroders in a research report on Wednesday, August 6th. Canaccord Genuity Group decreased their price objective on Schroders from GBX 496 ($6.66) to GBX 337 ($4.53) and set a "hold" rating for the company in a report on Wednesday, April 30th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a GBX 373 ($5.01) price objective on shares of Schroders in a report on Monday, July 7th. Citigroup restated a "neutral" rating on shares of Schroders in a research note on Monday, August 4th. Finally, Jefferies Financial Group reiterated a "hold" rating and set a GBX 390 ($5.24) target price on shares of Schroders in a research note on Friday. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of GBX 387 ($5.20).

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.

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