Richard Oldfield Purchases 44 Shares of Schroders (LON:SDR) Stock

Schroders plc (LON:SDR) insider Richard Oldfield acquired 44 shares of Schroders stock in a transaction dated Monday, May 11th. The stock was acquired at an average cost of GBX 581 per share, with a total value of £255.64.

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

• On Friday, April 10th, Richard Oldfield acquired 43 shares of Schroders stock. The stock was acquired at an average cost of GBX 579 per share, with a total value of £248.97.
• On Tuesday, March 10th, Richard Oldfield acquired 42 shares of Schroders stock. The stock was acquired at an average cost of GBX 586 per share, with a total value of £246.12.

Schroders Stock Performance

Shares of SDR traded down GBX 0.50 during mid-day trading on Tuesday, hitting GBX 580.50. The company’s stock had a trading volume of 3,226,680 shares, compared to its average volume of 16,432,285. Schroders plc has a one year low of GBX 334 and a one year high of GBX 599.50. The company has a debt-to-equity ratio of 20.74, a quick ratio of 4.32 and a current ratio of 92.37. The firm has a market capitalization of £9.05 billion, a PE ratio of 17.28, a price-to-earnings-growth ratio of 1.28 and a beta of 1.08. The stock’s 50-day moving average is GBX 578.46 and its two-hundred day moving average is GBX 482.42.

Schroders (LON:SDR) last posted its quarterly earnings data on Thursday, February 12th. The company reported GBX 36.60 earnings per share for the quarter. Schroders had a return on equity of 12.35% and a net margin of 16.44%. As a group, sell-side analysts anticipate that Schroders plc will post 33.7347131 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Citigroup cut Schroders to a “neutral” rating and raised their target price for the stock from GBX 460 to GBX 590 in a research report on Thursday, April 30th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 453.33.

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. The firm launches and manages equity mutual funds and manages fixed income mutual funds for its clients. It also manages hedge for its clients. The firm invests in the public equity, fixed income, and alternative investment markets across the globe.