Schroders (LON:SDR) Posts Quarterly Earnings Results

Schroders (LON:SDR) issued its 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 Trading Down 4.6 %

LON:SDR opened at GBX 408.43 ($5.28) on Friday. Schroders has a 1 year low of GBX 298.60 ($3.86) and a 1 year high of GBX 428.80 ($5.54). The stock 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 business has a fifty day moving average of GBX 351.74 and a 200-day moving average of GBX 340.66. The company has a debt-to-equity ratio of 12.95, a quick ratio of 4.32 and a current ratio of 4.90.

Wall Street Analyst Weigh In

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

Insider Transactions at Schroders

In other news, insider Richard Oldfield bought 80 shares of the firm’s stock in a transaction that occurred on Friday, January 10th. The stock was acquired at an average price of GBX 313 ($4.05) per share, with a total value of £250.40 ($323.64). Company insiders own 43.09% of the company’s stock.

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.