Schroders (LON:SDR) Insider Richard Oldfield Buys 42 Shares

Schroders plc (LON:SDR) insider Richard Oldfield purchased 42 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was bought at an average cost of GBX 586 per share, with a total value of £246.12.

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

• On Tuesday, February 10th, Richard Oldfield acquired 53 shares of Schroders stock. The shares were bought at an average price of GBX 467 per share, for a total transaction of £247.51.
• On Monday, January 12th, Richard Oldfield acquired 60 shares of Schroders stock. The shares were bought at an average cost of GBX 416 per share, for a total transaction of £249.60.

Schroders Stock Up 0.1%

Shares of LON:SDR opened at GBX 586.50 on Thursday. The business has a fifty day moving average of GBX 499.99 and a two-hundred day moving average of GBX 425.38. The stock has a market cap of £9.09 billion, a P/E ratio of 17.46, a PEG ratio of 1.28 and a beta of 1.23. Schroders plc has a 52-week low of GBX 283.40 and a 52-week high of GBX 599.50.

Schroders (LON:SDR) last posted its quarterly 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%. On average, equities analysts anticipate that Schroders plc will post 33.7347131 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on SDR. JPMorgan Chase & Co. reiterated 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 price target on shares of Schroders in a report on Friday, January 9th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Schroders presently has an average rating of “Moderate Buy” and a consensus target price of GBX 413.86.

Schroders Company Profile

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.