Schroders (LON:SDR) Hits New 12-Month Low - Time to Sell?

Shares of Schroders plc (LON:SDR - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as GBX 289.98 ($3.80) and last traded at GBX 291.80 ($3.82), with a volume of 40876141 shares trading hands. The stock had previously closed at GBX 312 ($4.08).

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on SDR shares. Royal Bank of Canada lifted their price objective on Schroders from GBX 395 ($5.17) to GBX 475 ($6.22) and gave the stock an "outperform" rating in a research note on Thursday, March 20th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Schroders from GBX 375 ($4.91) to GBX 400 ($5.24) and gave the stock a "hold" rating in a research report on Friday, March 7th.

Schroders Stock Performance

The stock has a market capitalization of £4.69 billion, a P/E ratio of 13.20, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95. The company has a 50-day moving average price of GBX 363.85 and a two-hundred day moving average price of GBX 342.38.

Schroders (LON:SDR - Get Free Report) last issued its earnings results on Friday, March 7th. The company reported GBX 26.40 ($0.35) earnings per share for the quarter. Schroders had a return on equity of 8.65% and a net margin of 12.81%. On average, equities analysts forecast that Schroders plc will post 33.7347131 earnings per share for the current year.

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Schroders Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 24th. Investors of record on Thursday, March 20th were given a dividend of GBX 35.55 ($0.47) per share. This represents a dividend yield of 4.5%. The ex-dividend date of this dividend was Thursday, March 20th. This is an increase from Schroders's previous dividend of $10.00. Schroders's payout ratio is presently 96.08%.

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.