Schroders (LON:SDR) Insider Meagen Burnett Purchases 34 Shares of Stock

Schroders plc (LON:SDR) insider Meagen Burnett purchased 34 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was acquired at an average price of GBX 586 per share, for a total transaction of £199.24.

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

• On Tuesday, February 10th, Meagen Burnett acquired 44 shares of Schroders stock. The shares were acquired at an average price of GBX 467 per share, with a total value of £205.48.
• On Monday, January 12th, Meagen Burnett acquired 48 shares of Schroders stock. The stock was acquired at an average cost of GBX 416 per share, for a total transaction of £199.68.

Schroders Price Performance

Shares of SDR opened at GBX 586.50 on Thursday. The firm’s 50 day moving average is GBX 499.99 and its 200-day moving average is GBX 425.38. Schroders plc has a 12-month low of GBX 283.40 and a 12-month high of GBX 599.50. The stock has a market capitalization of £9.09 billion, a P/E ratio of 17.46, a P/E/G ratio of 1.28 and a beta of 1.23.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Schroders in a research note on Friday, January 9th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 420 target price on shares of Schroders in a research report on Friday, January 9th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus 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.