Schroders (LON:SDR) Insider Meagen Burnett Buys 50 Shares of Stock

Schroders plc (LON:SDR) insider Meagen Burnett purchased 50 shares of the firm’s stock in a transaction on Friday, October 10th. The stock was acquired at an average price of GBX 399 per share, with a total value of £199.50.

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

• On Wednesday, September 10th, Meagen Burnett purchased 54 shares of Schroders stock. The stock was acquired at an average price of GBX 372 per share, with a total value of £200.88.
• On Monday, August 11th, Meagen Burnett purchased 50 shares of Schroders stock. The stock was acquired at an average price of GBX 396 per share, with a total value of £198.

Schroders Trading Up 1.3%

SDR opened at GBX 400.60 on Tuesday. Schroders plc has a twelve month low of GBX 283.40 and a twelve month high of GBX 428.80. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95. The company has a fifty day moving average of GBX 384.14 and a 200-day moving average of GBX 363.74. The stock has a market cap of £6.21 billion, a PE ratio of 1,796.41, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17.

Schroders (LON:SDR) last posted its quarterly earnings data on Thursday, July 31st. The company reported GBX 9.10 earnings per share for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. On average, sell-side analysts predict that Schroders plc will post 33.7347131 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on SDR. Citigroup upgraded shares of Schroders to a “buy” rating and increased their price objective for the stock from GBX 420 to GBX 435 in a research report on Friday, October 3rd. Jefferies Financial Group restated a “hold” rating and issued a GBX 390 price target on shares of Schroders in a report on Friday, August 8th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Schroders from GBX 400 to GBX 420 and gave the stock a “hold” rating in a report on Monday, October 6th. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 373 price target on shares of Schroders in a report on Monday, July 7th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 435 price target on shares of Schroders in a report on Wednesday, August 6th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Schroders has a consensus rating of “Hold” and an average target price of GBX 398.33.

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.