Schroders plc (LON:SDR - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 344.47 ($4.44) and traded as high as GBX 352.40 ($4.54). Schroders shares last traded at GBX 348.80 ($4.50), with a volume of 2,296,373 shares trading hands.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the stock. Royal Bank of Canada increased their price objective on shares of Schroders from GBX 395 ($5.09) to GBX 475 ($6.12) and gave the stock an "outperform" rating in a research note on Thursday, March 20th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Schroders from GBX 375 ($4.83) to GBX 400 ($5.16) and gave the company a "hold" rating in a report on Friday, March 7th.
View Our Latest Stock Analysis on Schroders
Schroders Trading Down 5.7 %
The firm has a market cap of £4.84 billion, a PE ratio of 13.63, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The company has a 50-day simple moving average of GBX 370.81 and a 200 day simple moving average of GBX 344.29. The company has a current ratio of 4.90, a quick ratio of 4.32 and a debt-to-equity ratio of 12.95.
Schroders (LON:SDR - Get Free Report) last announced its quarterly earnings results on Friday, March 7th. The company reported GBX 26.40 ($0.34) earnings per share (EPS) for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. As a group, sell-side analysts forecast that Schroders plc will post 33.7347131 earnings per share for the current fiscal year.
Schroders Increases Dividend
The firm also recently declared a dividend, which was paid on Monday, March 24th. Investors of record on Thursday, March 20th were issued a GBX 35.55 ($0.46) dividend. This is a boost from Schroders's previous dividend of $10.00. The ex-dividend date of this dividend was Thursday, March 20th. This represents a yield of 4.5%. Schroders's dividend payout ratio is presently 96.08%.
Insiders Place Their Bets
In related news, insider Richard Oldfield acquired 80 shares of the firm's stock in a transaction on Friday, January 10th. The shares were acquired at an average cost of GBX 313 ($4.03) per share, with a total value of £250.40 ($322.76). 43.09% of the stock is currently owned by company insiders.
Schroders Company Profile
(
Get Free Report)
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.
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