Schroder Investment Management Group Has $3.48 Million Stock Holdings in SolarWinds Co. (NYSE:SWI)

Schroder Investment Management Group grew its stake in SolarWinds Co. (NYSE:SWI - Free Report) by 135.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 244,952 shares of the software maker's stock after purchasing an additional 141,111 shares during the quarter. Schroder Investment Management Group owned approximately 0.14% of SolarWinds worth $3,481,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SWI. Intech Investment Management LLC bought a new position in SolarWinds during the third quarter worth about $155,000. Charles Schwab Investment Management Inc. increased its position in SolarWinds by 7.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 454,454 shares of the software maker's stock worth $5,931,000 after acquiring an additional 30,707 shares during the period. FMR LLC increased its position in SolarWinds by 28.6% during the third quarter. FMR LLC now owns 106,286 shares of the software maker's stock worth $1,387,000 after acquiring an additional 23,623 shares during the period. Public Sector Pension Investment Board bought a new position in SolarWinds during the third quarter worth about $1,496,000. Finally, Walleye Capital LLC bought a new position in SolarWinds during the third quarter worth about $222,000. 93.96% of the stock is owned by institutional investors.

SolarWinds Stock Performance

Shares of SWI remained flat at $18.49 during mid-day trading on Thursday. 186,283 shares of the stock were exchanged, compared to its average volume of 831,767. The business's fifty day moving average price is $18.09 and its 200 day moving average price is $15.19. SolarWinds Co. has a one year low of $10.14 and a one year high of $18.55. The company has a quick ratio of 0.71, a current ratio of 0.85 and a debt-to-equity ratio of 0.85. The company has a market cap of $3.20 billion, a P/E ratio of 29.35 and a beta of 0.88.

SolarWinds (NYSE:SWI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The software maker reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.14. SolarWinds had a net margin of 14.04% and a return on equity of 12.19%. As a group, equities analysts forecast that SolarWinds Co. will post 0.75 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SWI has been the topic of a number of analyst reports. Truist Financial reiterated a "hold" rating and set a $18.50 price objective (up from $13.00) on shares of SolarWinds in a research note on Monday, February 10th. Wedbush downgraded shares of SolarWinds from an "outperform" rating to a "neutral" rating and reduced their price objective for the stock from $20.00 to $18.50 in a research note on Friday, February 7th. Royal Bank of Canada increased their price objective on shares of SolarWinds from $13.00 to $16.00 and gave the stock a "sector perform" rating in a research note on Tuesday, January 21st. Robert W. Baird increased their price objective on shares of SolarWinds from $15.00 to $18.50 and gave the stock a "neutral" rating in a research note on Monday, February 10th. Finally, Scotiabank increased their price objective on shares of SolarWinds from $15.00 to $18.50 and gave the stock a "sector perform" rating in a research note on Monday, February 10th. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $18.00.

About SolarWinds

SolarWinds Corporation provides information technology (IT) management software products in the United States and internationally. It provides a suite of network management software that offers real-time visibility into network utilization and bandwidth, as well as the ability to detect, diagnose, and resolve network performance problems; and a suite of infrastructure management products, which monitors and analyzes the performance of applications and their supporting infrastructure, including servers, physical, virtual and cloud infrastructure, storage, and databases.