Schroders (LON:SDR) Announces Earnings Results

Schroders (LON:SDR) released its quarterly earnings results on Friday. The company reported GBX 26.40 ($0.34) earnings per share for the quarter, Digital Look Earnings reports. Schroders had a return on equity of 8.65% and a net margin of 12.81%.

Schroders Stock Performance

Shares of SDR opened at GBX 408.43 ($5.28) on Friday. The business’s 50 day moving average is GBX 351.74 and its two-hundred day moving average is GBX 340.66. Schroders has a 52-week low of GBX 298.60 ($3.86) and a 52-week high of GBX 428.80 ($5.54). The firm has a market cap of £6.34 billion, a price-to-earnings ratio of 17.84, a PEG ratio of 1.28 and a beta of 1.17. The company has a quick ratio of 4.32, a current ratio of 4.90 and a debt-to-equity ratio of 12.95.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft upped their price target on Schroders from GBX 375 ($4.85) to GBX 400 ($5.17) and gave the stock a “hold” rating in a report on Friday.

Insider Buying and Selling at Schroders

In other Schroders news, insider Richard Oldfield bought 80 shares of the business’s stock in a transaction on Friday, January 10th. The shares were bought at an average cost of GBX 313 ($4.05) per share, with a total value of £250.40 ($323.64). 43.09% of the stock is currently owned by corporate insiders.

Schroders Company Profile

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.