Schroders (LON:SDR) Insider Buys £105.12 in Stock

Schroders plc (LON:SDR) insider Johanna Kyrklund acquired 18 shares of the stock in a transaction that occurred on Monday, August 10th. The shares were acquired at an average cost of GBX 584 per share, with a total value of £105.12.

Johanna Kyrklund also recently made the following trade(s):

• On Wednesday, June 10th, Johanna Kyrklund acquired 18 shares of Schroders stock. The shares were acquired at an average price of GBX 584 per share, for a total transaction of £105.12.

Schroders Stock Up 0.2%

Shares of LON SDR opened at GBX 584 on Friday. The firm’s 50-day moving average price is GBX 585.93 and its two-hundred day moving average price is GBX 571.04. Schroders plc has a 52-week low of GBX 358.60 and a 52-week high of GBX 599.50. The stock has a market capitalization of £9.11 billion, a P/E ratio of 13.43, a P/E/G ratio of 1.28 and a beta of 1.08.

Schroders (LON:SDR) last announced its quarterly earnings results on Thursday, July 30th. The company reported GBX 22.30 earnings per share for the quarter. Schroders had a return on equity of 15.55% and a net margin of 19.94%. As a group, equities research analysts expect that Schroders plc will post 33.7347131 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Citigroup lowered Schroders to a “neutral” rating and increased their target price for the stock from GBX 460 to GBX 590 in a research report on Thursday, April 30th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 453.33.

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.