Schroders plc (SDR) Insider Acquires £240.66 in Stock
Schroders plc (LON:SDR) insider Peter Harrison purchased 7 shares of the company’s stock in a transaction dated Thursday, August 10th. The shares were bought at an average cost of GBX 3,438 ($44.77) per share, for a total transaction of £240.66 ($313.40).
Peter Harrison also recently made the following trade(s):
- On Thursday, June 22nd, Peter Harrison sold 4,427 shares of Schroders plc stock. The shares were sold at an average price of GBX 3,141 ($40.90), for a total transaction of £139,052.07 ($181,080.96).
Schroders plc (LON:SDR) traded down 1.17% during trading on Friday, hitting GBX 3369.00. 283,565 shares of the company were exchanged. Schroders plc has a 1-year low of GBX 2,621.00 and a 1-year high of GBX 3,522.00. The firm’s 50 day moving average price is GBX 3,288.70 and its 200-day moving average price is GBX 3,151.20. The stock’s market capitalization is GBX 9.28 billion.
The company also recently announced a dividend, which will be paid on Thursday, September 21st. Investors of record on Thursday, August 17th will be given a GBX 34 ($0.44) dividend. The ex-dividend date is Thursday, August 17th. This represents a yield of 1.01%.
A number of brokerages have recently issued reports on SDR. Barclays PLC reaffirmed an “underweight” rating and set a GBX 3,000 ($39.07) price target on shares of Schroders plc in a report on Friday, July 28th. J P Morgan Chase & Co raised their price target on shares of Schroders plc from GBX 3,650 ($47.53) to GBX 3,750 ($48.83) and gave the company an “overweight” rating in a report on Friday, July 28th. Credit Suisse Group raised their price target on shares of Schroders plc from GBX 3,457 ($45.02) to GBX 3,800 ($49.49) and gave the company an “outperform” rating in a report on Friday, July 28th. Citigroup Inc. downgraded shares of Schroders plc to a “neutral” rating and set a GBX 3,760 ($48.96) price target on the stock. in a report on Monday, July 31st. Finally, Liberum Capital reaffirmed a “hold” rating and set a GBX 3,387 ($44.11) price target on shares of Schroders plc in a report on Thursday, July 27th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 3,349.47 ($43.62).
About Schroders plc
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.
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