Schroders (LON:SDR) Insider Purchases £199.24 in Stock

Schroders plc (LON:SDR) insider Meagen Burnett bought 34 shares of the stock in a transaction on Tuesday, March 10th. The shares were bought at an average cost of GBX 586 per share, with a total value of £199.24.

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

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

Schroders Stock Up 0.0%

Shares of LON SDR opened at GBX 570.75 on Friday. The business’s 50 day moving average is GBX 506.52 and its two-hundred day moving average is GBX 427.60. Schroders plc has a 52-week low of GBX 283.40 and a 52-week high of GBX 599.50. The firm has a market cap of £8.85 billion, a price-to-earnings ratio of 16.99, a PEG ratio of 1.28 and a beta of 1.23.

Schroders (LON:SDR) last issued its quarterly earnings data on Thursday, February 12th. The company reported GBX 36.60 earnings per share for the quarter. Schroders had a return on equity of 12.35% and a net margin of 16.44%. Analysts anticipate that Schroders plc will post 33.7347131 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Schroders in a research report on Friday, January 9th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 420 target price 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 given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.