Richard Oldfield Acquires 53 Shares of Schroders (LON:SDR) Stock

Schroders plc (LON:SDR) insider Richard Oldfield purchased 53 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was bought at an average price of GBX 467 per share, for a total transaction of £247.51.

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

• On Monday, January 12th, Richard Oldfield acquired 60 shares of Schroders stock. The shares were purchased at an average price of GBX 416 per share, with a total value of £249.60.

Schroders Price Performance

Shares of SDR stock traded down GBX 10.80 during trading hours on Wednesday, hitting GBX 456.40. The stock had a trading volume of 2,714,297 shares, compared to its average volume of 21,104,646. The company has a debt-to-equity ratio of 12.95, a current ratio of 4.90 and a quick ratio of 4.32. The stock has a market capitalization of £7.08 billion, a price-to-earnings ratio of 20.47, a PEG ratio of 1.28 and a beta of 1.17. Schroders plc has a one year low of GBX 283.40 and a one year high of GBX 472.80. The stock’s 50-day moving average price is GBX 422.82 and its two-hundred day moving average price is GBX 398.06.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on SDR. Royal Bank Of Canada upped their price target on shares of Schroders from GBX 435 to GBX 440 and gave the company a “buy” rating in a research note on Thursday, October 30th. UBS Group restated a “buy” rating and set a GBX 455 target price on shares of Schroders in a research report on Friday, October 17th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Schroders in a report on Friday, January 9th. Jefferies Financial Group reissued a “hold” rating and set a GBX 420 price objective on shares of Schroders in a research note on Friday, January 9th. Finally, Citigroup dropped their target price on Schroders from GBX 435 to GBX 430 and set a “buy” rating for the company in a report on Friday, October 24th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 413.86.

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.