Schroders (LON:SDR) Posts Earnings Results

Schroders (LON:SDR) announced its quarterly earnings data on Friday. The company reported GBX 26.40 ($0.34) earnings per share (EPS) 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 Down 4.6 %

LON SDR opened at GBX 408.43 ($5.28) on Friday. The stock’s 50 day moving average is GBX 351.74 and its 200 day moving average is GBX 340.69. 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 has a 12 month low of GBX 298.60 ($3.86) and a 12 month high of GBX 428.80 ($5.54). The stock has a market cap of £6.34 billion, a PE ratio of 17.84, a P/E/G ratio of 1.28 and a beta of 1.17.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft boosted their price objective on Schroders from GBX 375 ($4.85) to GBX 400 ($5.17) and gave the company a “hold” rating in a research note on Friday.

Insider Buying and Selling

In other news, insider Richard Oldfield acquired 80 shares of the firm’s stock in a transaction dated Friday, January 10th. The shares were acquired at an average cost of GBX 313 ($4.04) per share, with a total value of £250.40 ($323.56). 43.09% of the stock is owned by insiders.

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.