Schroders (LON:SDR – Get Free Report) posted its quarterly earnings data on Thursday. The company reported GBX 22.30 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Schroders had a net margin of 19.94% and a return on equity of 15.55%.
Schroders Price Performance
Shares of Schroders stock opened at GBX 588.50 on Friday. Schroders has a 1 year low of GBX 358.60 and a 1 year high of GBX 599.50. The firm has a market cap of £9.18 billion, a PE ratio of 17.51, a P/E/G ratio of 1.28 and a beta of 1.08. The stock has a fifty day moving average price of GBX 585.61 and a 200-day moving average price of GBX 561.37.
Analyst Ratings Changes
Separately, Citigroup lowered shares of Schroders to a “neutral” rating and raised their price target for the company from GBX 460 to GBX 590 in a research report on Thursday, April 30th. Three equities 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, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 453.33.
Insider Buying and Selling at Schroders
In related news, insider Richard Oldfield purchased 44 shares of Schroders stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average price of GBX 581 per share, for a total transaction of £255.64. Over the last quarter, insiders have bought 173 shares of company stock valued at $100,798. 1.72% of the stock is currently owned by insiders.
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.
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