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

Schroders plc (LON:SDR) insider Richard Oldfield acquired 42 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were purchased at an average price 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 bought 53 shares of Schroders stock. The stock was purchased at an average cost of GBX 467 per share, for a total transaction of £247.51.
• On Monday, January 12th, Richard Oldfield bought 60 shares of Schroders stock. The stock was purchased at an average price of GBX 416 per share, for a total transaction of £249.60.

Schroders Price Performance

SDR stock remained flat at GBX 586 during trading on Wednesday. The company’s stock had a trading volume of 5,012,503 shares, compared to its average volume of 17,208,664. The firm’s 50-day simple moving average is GBX 496.40 and its 200 day simple moving average is GBX 424.24. Schroders plc has a 1 year low of GBX 283.40 and a 1 year high of GBX 599.50. The firm has a market cap of £9.09 billion, a price-to-earnings ratio of 17.44, a PEG ratio of 1.28 and a beta of 1.23.

Schroders (LON:SDR) last released its quarterly earnings data 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%. Equities research analysts anticipate that Schroders plc will post 33.7347131 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have weighed in on SDR. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Schroders in a research report on Friday, January 9th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 420 price objective on shares of Schroders in a research 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 stock has a consensus 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.