Schroders (LON:SDR) Insider Richard Oldfield Acquires 43 Shares of Stock

Schroders plc (LON:SDR) insider Richard Oldfield acquired 43 shares of the company’s stock in a transaction dated Friday, April 10th. The shares were bought at an average cost of GBX 579 per share, with a total value of £248.97.

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

• On Tuesday, March 10th, Richard Oldfield acquired 42 shares of Schroders stock. The shares were bought at an average cost of GBX 586 per share, with a total value of £246.12.
• On Tuesday, February 10th, Richard Oldfield bought 53 shares of Schroders stock. The shares were acquired at an average price of GBX 467 per share, with a total value of £247.51.

Schroders Price Performance

Shares of Schroders stock opened at GBX 578.05 on Tuesday. The company has a quick ratio of 4.32, a current ratio of 92.37 and a debt-to-equity ratio of 20.74. The company has a market cap of £9.01 billion, a PE ratio of 17.20, a P/E/G ratio of 1.28 and a beta of 1.11. The business has a 50 day moving average of GBX 563.26 and a 200 day moving average of GBX 457.91. Schroders plc has a 52 week low of GBX 306.60 and a 52 week high of GBX 599.50.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on SDR shares. JPMorgan Chase & Co. restated an “overweight” rating on shares of Schroders in a report on Friday, January 9th. Jefferies Financial Group restated a “hold” rating and set a GBX 420 target price on shares of Schroders in a report on Friday, January 9th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 413.86.

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.