Schroders plc (LON:SDR - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 342.36 ($4.45) and traded as high as GBX 389 ($5.05). Schroders shares last traded at GBX 386.40 ($5.02), with a volume of 2,023,236 shares traded.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft raised their price target on shares of Schroders from GBX 375 ($4.87) to GBX 400 ($5.20) and gave the stock a "hold" rating in a report on Friday, March 7th.
Read Our Latest Stock Analysis on SDR
Schroders Stock Up 0.2 %
The company has a market cap of £5.97 billion, a P/E ratio of 16.80, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The firm's 50 day moving average price is GBX 359.50 and its two-hundred day moving average price is GBX 342.63. The company has a debt-to-equity ratio of 12.95, a quick ratio of 4.32 and a current ratio of 4.90.
Schroders (LON:SDR - Get Free Report) last issued its 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%. Equities research analysts anticipate that Schroders plc will post 33.7347131 EPS for the current fiscal year.
Schroders Increases Dividend
The business also recently announced a dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, March 27th will be paid a dividend of GBX 10 ($0.13) per share. The ex-dividend date of this dividend is Thursday, March 27th. This is a positive change from Schroders's previous dividend of $6.50. This represents a yield of 3.88%. Schroders's dividend payout ratio is currently 96.08%.
Insider Buying and Selling
In other Schroders news, insider Richard Oldfield acquired 80 shares of the company's stock in a transaction on Friday, January 10th. The shares were purchased at an average cost of GBX 313 ($4.07) per share, with a total value of £250.40 ($325.24). 43.09% of the stock is owned by insiders.
About Schroders
(
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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