Schroders (LON:SDR) Insider Richard Oldfield Buys 62 Shares of Stock

Schroders plc (LON:SDR) insider Richard Oldfield purchased 62 shares of the stock in a transaction that occurred on Friday, October 10th. The stock was bought at an average price of GBX 399 per share, with a total value of £247.38.

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

• On Wednesday, September 10th, Richard Oldfield purchased 68 shares of Schroders stock. The stock was bought at an average price of GBX 372 per share, with a total value of £252.96.
• On Monday, August 11th, Richard Oldfield purchased 62 shares of Schroders stock. The stock was bought at an average price of GBX 396 per share, with a total value of £245.52.

Schroders Stock Up 1.3%

Shares of LON SDR opened at GBX 400.60 on Tuesday. Schroders plc has a 12-month low of GBX 283.40 and a 12-month high of GBX 428.80. The company has a market cap of £6.21 billion, a P/E ratio of 1,796.41, a P/E/G ratio of 1.28 and a beta of 1.17. The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95. The stock has a fifty day moving average price of GBX 384.14 and a 200 day moving average price of GBX 363.74.

Schroders (LON:SDR) last announced its quarterly earnings results on Thursday, July 31st. The company reported GBX 9.10 earnings per share (EPS) for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. Research analysts anticipate that Schroders plc will post 33.7347131 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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