Schroders (LON:SDR) Insider Richard Oldfield Acquires 26 Shares

Schroders plc (LON:SDR) insider Richard Oldfield acquired 26 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were purchased at an average cost of GBX 584 per share, for a total transaction of £151.84.

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

• On Monday, August 10th, Richard Oldfield bought 43 shares of Schroders stock. The stock was purchased at an average price of GBX 584 per share, with a total value of £251.12.
• On Wednesday, June 10th, Richard Oldfield bought 43 shares of Schroders stock. The stock was acquired at an average cost of GBX 584 per share, for a total transaction of £251.12.

Schroders Price Performance

LON SDR opened at GBX 584 on Friday. The firm has a market cap of £9.11 billion, a PE ratio of 13.43, a price-to-earnings-growth ratio of 1.28 and a beta of 1.08. Schroders plc has a one year low of GBX 358.60 and a one year high of GBX 599.50. The stock’s 50 day simple moving average is GBX 585.96 and its 200 day simple moving average is GBX 575.63.

Schroders (LON:SDR) last issued its quarterly earnings data on Thursday, July 30th. The company reported GBX 22.30 earnings per share (EPS) for the quarter. Schroders had a return on equity of 15.55% and a net margin of 19.32%. As a group, equities analysts expect that Schroders plc will post 33.7347131 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.